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Syariah Advisory

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Scope of work for Syariah Advisory on Islamic Bond Issuance

  1. To review the terms and conditions of the Islamic Securities and to advise or propose changes to the terms and conditions of the Islamic Securities, if necessary in order to ensure all proposed terms and conditions including structure, investment, administrative and operational matters relating to the Islamic securities are in compliance with Syariah requirements and relevant resolutions and rulings made by the Syariah Advisory Council of the Securities Commission ('SAC') and thereafter to issue a letter confirming such compliance for purpose of submission of the Issuer's application to issue the Islamic Securities to the Securities Commission.
  2. To review documentation in respect of the Proposal and to advise whether the terms, conditions and covenants contained in the legal documents are in compliance with Syariah requirements and relevant resolutions and rulings made by the SAC and if applicable, to propose changes to such terms, conditions or covenants compliant with SAC's relevant  resolutions and rulings whilst retaining the spirit, intention  or meaning of the terms, conditions and covenants as originally intended and thereafter to issue a letter confirming such compliance for post-vetting purposes, if so required, by the Securities Commission; and
  3. To attend meetings to discuss matters pertaining to the Proposal, as and when required.

      

 

    

Muamalah Financial Consulting Sdn Bhd(494989-H)
17-1, First Floor, D'Bayu, Jalan Serambi U8/21,
Bukit Jelutong, 40150, Shah Alam, Selangor, Malaysia 
Tel:+603 7842 5187, +6012 212 5405 Fax:+603 7842 5201, +603-7847 3214
email : muamalah_consulting@hotmail.com