Islamic capital market business or transaction ' "Islamic capital market business or transaction" means:- (a) the business of carrying on any regulated activity; (b) any proposal that falls within subsection 212(2); (c) any transaction relating to a futures contract; or (d) the establishing, operating or maintaining of a stock market or a futures market, ACT A1370 - CAPITAL MARKETS AND SERVICES (AMENDMENT) ACT 2010 2. Amendment of section 2.
Islamic capital market business or transaction "Islamic capital market business or transaction" means:- (a) the business of carrying on any regulated activity; (b) any proposal that falls within subsection 212(2); (c) any transaction relating to a futures contract; or (d) the establishing, operating or maintaining of a stock market or a futures market, which does not involve any element that is inconsistent with the principles of Shariah as may be determined by the Shariah Advisory Council; ACT 671 - CAPITAL MARKETS AND SERVICES ACT 2007 2. Interpretation.
Islamic capital market business or transaction "Islamic capital market business or transaction" means:- (a) the business of carrying on any regulated activity; (b) any proposal that falls within subsection 212(2); (c) any transaction relating to a derivative; or [Gen. Am. by Act A1406:s.2; Schedule] (d) the establishing, operating or maintaining of a stock market or a derivatives market, which does not involve any element that is inconsistent with the principles of Shariah as may be determined by the Shariah Advisory Council; [Ins. Act A1370] ACT 671 - CAPITAL MARKETS AND SERVICES ACT 2007 2. Interpretation.