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Title: Resolution No. (157) of 2023 Regarding the Renewal of the Collective Investment Scheme License for Noor GCC Islamic Fund
Date Publish
05 November 2023
Having Perused:
- Law No. 7 of 2010 Regarding the Establishment of the Capital Markets Authority and Regulating Securities Activities, its Executive Bylaws, and amendments thereto; and
- The Collective Investment Scheme License Certificate for Noor GCC Islamic Fund No. (LCIS/2015/0001) issued on 05/02/2021; and
- The application from Noor Investment Company to renew the license of Noor GCC Islamic Fund; and
- Based on Resolution No. (24) of 2023 regarding the amendment of the approval authorizations for the Supervision Sector's procedures issued on 12/02/2023.
The Following Was Resolved:
Article (1)
The collective investment scheme license for Noor GCC Islamic Fund is hereby renewed for a period of three years, renewable, starting from 05/02/2024.
Article (2)
The concerned bodies shall execute this Resolution, each within its jurisdiction. This Resolution shall come into force from the date of its issuance, and it shall be published in the Official Gazette.
Anwar Al-Mudhaf
Acting Head of Supervision Sector
Issued on: 05/11/2023.
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