Chapter Two: Licensing
Fed Law 14/2018 Issued on 1/10/2018- Section One: Licensed Financial Activities
- Section Two: Licensing of Financial Institutions
- Article (67): Application for Licensing
- Article (68): Compliance with Scope of the License
- Article (69): Deciding on Licensing Application or Extension of License Scope
- Article (70): Imposing Conditions and Restrictions on a License
- Article (71): Suspension, Withdrawal, or Revocation of License
- Article (72): Use of Term “Bank” or “Masraf”
- Article (73): Entry to the Register
- Article (74): Legal Form
- Article (75): Minimum Capital Requirements
- Article (76): Shareholding and Ownership in Licensed Financial Institutions
- Article (77): Amendment of the Memorandum and Articles of Association
- Section Three: Provisions for Islamic Licensed Financial Institutions
- Section Four: Provisions Relating to Undertaking Designated Functions Subject to Central Bank Authorization
- Article (83): Designated Functions
- Article (84): Application for Authorization to Undertake Designated Functions
- Article (85): Deciding on Application for Authorization to Undertake
- Article (86): Imposing Conditions and Restrictions to an Authorization to Undertake Designated Functions
- Article (87): Suspension, Withdrawal, or Revocation of Authorization to Undertake Designated Functions
- Article (88): Prohibition of Undertaking Designated Functions at Licensed Financial Institutions
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