Glossary (see rule 1.1.3) means the Accounting and Auditing Organisation for AAOIFI Islamic Financial Institutions. include accounting rules, principles, practices accounting standards and conventions. includes: advising on investments (a) the regulated activity described in FSR, Schedule 3, Part 2, paragraph 11; and (b) advising on Islamic investments. has the meaning given by rule.5.1.2(1). advisory firm of an INMA firm, has the meaning given approved representative, by COND, rule 2.2.3 (1). means a website that is approved under the approved website rule 3.1.2. Interpretation and Application Rules 2005, includes: arranging deals in investments (a) the regulated activity described in FSR, Schedule 3, Part 2, paragraph 5; and (b) arranging deals in Islamic investments. includes: arranging financing facilities (a) arranging credit facilities—that is, the regulated activity described in FSR, Schedule 3, Part 2, paragraph 7; and (b) arranging financing facilities. Shari’a-compliant includes: arranging the provision of custody services (a) the regulated activity described in FSR, Schedule 3, Part 2, paragraph 9; and (b) arranging the provision of custody services in relation to Islamic investments.
Glossary (see rule 1.1.3) AAOIFI means the Accounting and Auditing Organisation for Islamic Financial Institutions. accounting standards include accounting rules, principles, practices and conventions. advising on investments includes: (a) the regulated activity described in FSR, Schedule 3, Part 2, paragraph 11; and (b) advising on Islamic investments. advisory firm has the meaning given by rule.5.1.2(1). approved representative, of an INMA firm, has the meaning given by COND, rule 2.2.3 (1). approved website means a website that is approved under the Interpretation and Application Rules 2005, rule 3.1.2. arranging deals in investments includes: (a) the regulated activity described in FSR, Schedule 3, Part 2, paragraph 5; and (b) arranging deals in Islamic investments. arranging financing facilities includes: (a) arranging credit facilities—that is, the regulated activity described in FSR, Schedule 3, Part 2, paragraph 7; and (b) arranging Shari’a-compliant financing facilities. arranging the provision of custody services includes: (a) the regulated activity described in FSR, Schedule 3, Part 2, paragraph 9; and (b) arranging the provision of custody services in relation to Islamic investments.
QFCRA_9583_VER3.docx