Qatar Financial Markets Authority Board Decision No. 2/2020

Concerning the Amendment of some Provisions of Listing Rules for Funds' Units issued by the Qatar Financial Markets Authority Board Decision No. 1/2019

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The Board of Directors,

Having considered Qatar Law No. 8/2012 of Qatar Financial Markets Authority; as amended by Qatar Decree-Law No. 22/2018,

Qatar Financial Markets Authority Board Decision No. 1/2019 Concerning the Issuance of Listing Rules for Funds' Units;

Qatar Stock Exchange Rulebook;

Proposal of the QFMA's Chief Executive Officer;

QFMA's Board Decision at its 2nd meeting of 2020 on 11th of March 2020;

And as required by the public interest;

We have decided the following:

Article 1

The provisions of Articles (13 item 1), (14 last paragraph), (19 item 9), and (21) of Listing Rules for Funds' Units mentioned above, shall be replaced with the following:

Article (13 item 1):

  1. The Fund's NAV; and for real estate Funds, the assets evaluation shall be issued by an independent evaluator complying with the following:

Article (14 last paragraph):