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Islamic derivative instrument "Islamic derivative instrument" means an instrument the value of which depends upon the value of underlying indices or assets such as currencies, securities, commodities or other derivative instruments, in compliance with Shariah principles, and includes an Islamic derivative financial instrument and an Islamic commodity derivative instrument;
ACT 705 - LABUAN ISLAMIC FINANCIAL SERVICES AND SECURITIES ACT 2010
60. Interpretation. |
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Islamic derivative instrument "Islamic factoring business" means the business of acquiring debts due to any person in compliance with Shariah principles;
ACT 705 - LABUAN ISLAMIC FINANCIAL SERVICES AND SECURITIES ACT 2010
60. Interpretation. |