in Group 1: (1) being under receivership by court order or being a bankrupt; (2) being an incompetent or quasi-incompetent person; (3) [i] being accused by the SEC Office or being prosecuted as a
by court order or being a bankrupt; (2) being an incompetent or quasi-incompetent person; (3) those persons whom [i] being accused by the SEC Office or being prosecuted as a result of such accusation
or a bankrupt by court order or; (2) the business of the originator has been liquidated. Clause 7. In case of an offer for sale of an insured sukuk, the regulations prescribed under the Notification of
matters shall be deemed prohibited characteristics in Group 1: (1) being under receivership by court order or being a bankrupt; (2) being an incompetent or quasi-incompetent person; (3) those persons whom
being a bankrupt; (2) being an incompetent or quasi-incompetent person; (3) [i] being accused by the SEC Office or being prosecuted as a result of such accusation or [ii] having been imprisoned by the
) Category I: Prohibited Characteristics: 1. being a person put under receivership, or being bankrupt, incompetent, or quasi-incompetent by a court’s order; 2. being a person under prohibition by the Stock
following prohibited characteristics: (1) being an incompetent or quasi-incompetent person; (2) being or having been a bankrupt; (3) having been imprisoned by the judgment of a court which is final
incompetent or quasi-incompetent person; 5 (2) being or having been a bankrupt; (3) having been imprisoned by the judgment of a court which is final, regardless of whether the sentence has been suspended
bankrupt; (3) having been imprisoned by the judgment of a court which is final, regardless of whether the sentence has been suspended, except for the offences committed through negligence or minor offences