PRIV 6.8.2 Use of Certain Names

(1) The operator of a scheme must ensure that the name of the scheme, or of a class of units, does not state or imply that the scheme is an Islamic fund unless the scheme is an Islamic fund.

Note Islamic fund is defined in r 1.2.9.
(2) The operator of an umbrella scheme must ensure that the name of a subscheme, or of a class of units of a subscheme, does not state or imply that the subscheme is an Islamic fund unless the subscheme is an Islamic fund.

Note Umbrella scheme and subscheme are defined in r 1.2.8.
Derived from QFCRA RM/2010-06 (as from 1st January 2011)