LR-1.2.17

Past version: Effective from 01 Apr 2008 to 30 Jun 2012
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With respect to activity (c) (managing Shari'a profit-sharing investment accounts), the threshold refers to the initial amount placed as an investment. With respect to activities (d) and (e) (dealing in financial instruments as principal / agent), the threshold refers to the individual transaction size. With respect to activities (f) and (g) (managing / safeguarding financial instruments), the threshold refers to the initial investment amount. With respect to activity (h), (operating a collective investment scheme), the threshold refers to the minimum investment required for participation in the scheme. With respect to activities (i) and (j) (arranging / advising on deals in financial instruments) the threshold refers to the size of the deal arranged or of the investment on which advice is being given.

October 2007