Islamic Financial Services Act 2013 · s 134

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s 134Application

(1)

Sections 135 and 136 shall apply without prejudice to the provisions of the Capital Markets and Services Act 2007 in so far as such provisions relate to capital market products or capital market services as defined in subsection 2(1) of the Capital Markets and

Services Act 2007, developed, offered or marketed by a licensed

Islamic bank or licensed takaful operator.

(2)

The Bank shall enter into an arrangement in writing with the

Securities Commission to coordinate on the regulation of business conduct relating to capital market products or capital market services

Islamic Financial Services 135

as defined in subsection 2(1) of the Capital Markets and

Services Act 2007, developed, offered or marketed by a licensed

Islamic bank or licensed takaful operator.