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Article (3) Scope of Application

N 4743/2020 Effective from 26/10/2020
  1. 3.1 This Standard applies to all Institutions housing an Islamic Window. Institutions housing an Islamic Window established in the UAE with Group relationships, including Subsidiaries, Affiliates, or international branches, must ensure that the Standard is adhered to on a solo and Group-wide basis.
     
  2. 3.2 This Standard must be read in conjunction with the Standards and Resolutions issued by HSA and notified to Institutions housing an Islamic Window.