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LR-1.3.1

Regulated Islamic banking services are any of the following activities, carried on by way of business:

(a) Accepting Shari'a money placements/deposits
(b) Offering Shari'a Financing Contracts
(c) Managing Shari'a profit sharing investment accounts
(d) Dealing in Shari'a compliant financial instruments as principal
(e) Dealing in Shari'a compliant financial instruments as agent
(f) Managing Shari'a compliant financial instruments
(g) Safeguarding Shari'a compliant financial instruments
(h) Operating a Shari'a compliant Collective Investment Undertaking
(i) Arranging deals in Shari'a compliant financial instruments
(j) Advising on Shari'a compliant financial instruments
(k) Providing money exchange/remittance services
(l) Issuing/ administering means of payment.