HC-2.2.2

Past version: Effective from 01 Oct 2007 to 30 Sep 2010
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To be considered 'fit and proper', those nominated must demonstrate:

(a) personal integrity, honesty and good reputation;
(b) professional competence, experience and expertise, sufficient for the controlled function for which authorisation is being applied for, and given the scale, complexity and nature of the Islamic bank licensee concerned; and
(c) financial soundness.
October 07