Instructions for Approval to Establish Waqf Investment Funds · Article 5: Withdrawal of the Fund Approval

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The Authority may issue a decision to withdraw or suspend its approval in any of the following cases:

Unofficial translation; refer to the original text in case of differences.

Law · Approved version 2 · Knowledge version effective from 2026-10-19

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The Authority may issue a decision to withdraw or suspend its approval in any of the following cases:

1.If the Fund Manager commits an action that the Authority considers a critical failure to comply with the Instructions.

2.Based on a request from the Beneficiary.

3.Any other fundamental reason at the Authority's discretion.

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