applicant under Paragraph 1 shall have the following characteristics: (1) being a limited company, public company limited, commercial bank, securities trading center, or juristic person established under a
accordance with the Islamic Principles; (10) “applicant” means any person who wishes to issue sukuk for sale and has filed an application for approval of such issuance under this Notification; (11) “Thai Bond
as per forms and procedures provided in the electronic system in the web site of the Office. The Office shall grant an approval upon the fulfilment of the following conditions: (1) the applicant have
following conditions: (1) the applicant have qualifications as prescribed under Clause 7; (2) the applicant does not have any prohibited characteristics under Clause 8, and (3) the applicant has paid for the
following conditions: (1) the applicant have qualifications as prescribed under Clause 7 and Clause 8; (2) the applicant does not have any prohibited characteristics as prescribed under Clause 9, and (3) the
applicant have qualifications as prescribed under Clause 7 and Clause 8; (2) the applicant does not have any prohibited characteristics as prescribed under Clause 9, and (3) the applicant has paid for the
' Meeting No. 2/2025; 3.) Extending the maturity period for bond redemption by one year, with the new maturity date set for 21 January 2026; 4.) Increasing the interest rate by 1 percent per year, from
constitutes the exemption or postponement of debt repayment or the adjustment of repayment schedules, without considering it as an event of default; (2) Extending the maturity period for the redemption of all