IFR A1.2.2
A Listed Entity must, on the occurrence of an event specified in column 1, undertake the requirements detailed in column 2, within the time specified in column 3, in respect of the Securities identified with a "✓" in column 4, of this Table.
A.2.2.1 | |||||||||||
EVENT | REQUIREMENTS | TIME | Structured Products | Shares | Warrants over Shares | Warrants over Debentures | Debentures | Certificates | Units | ||
Shares | Debentures | ||||||||||
REGISTRATION | |||||||||||
1. | Appointment of an independent Shari'a Supervisory Board to evaluate the Shari'a compliance of the Islamic equity Securities on an annual basis | Notify the Regulator | Annually | ✔ | ✔ | ✔ | |||||
2. | Any proposed decision with regard to any change in its board of directors or Shari'a Supervisory Board | Consult with the Regulator | In advance | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ | ✔ |