Section 4
Corporation
of International Islamic Trade Finance Corporation Act 2007
The Minister is authorized to subscribe on behalf of the
Government—
(a)
to shares of the authorized capital stock of the Corporation in accordance with paragraph (1) of Article 10 of the
Agreement in such amount which shall not exceed the equivalent value of thirty million United States dollars;
(b)
where the authorized capital stock of the Corporation is increased at the request of the General Assembly in accordance with paragraph (3) of Article 10 of the
Agreement, to a proportion of the increase of stock as provided in that paragraph; and
(c)
where the shares of the Government have been increased at the request of the Government under paragraph (6)
of Article 11 of the Agreement, to the amount of such increase.
Sums payable to the Corporation to be charged on the