Resolution of SEO’s Shariah Committee on Fund
پنج شنبه, 10 آذر 1401 12:00 seo fund resolutions Shariah Committee 95
Gallery Image 1
 The Shariah Committee of the Securities and Exchange Organization of Iran (SEO) released its view on funds.

The Nature of Fund Unit
The owners of the fund certificates are the joint owners of the assets and they, as partners, share assets and profits or losses resulting from the activities of the fund.

Fund Mechanism
The fund collects funds on behalf of investors and invests in the agreed area.

Types of Guarantees in the Fund
The fund manager, as a lawyer for investors, by concluding a guarantee contract with a third party and paying a certain amount, obtains the following from the guarantor:
a. In exchange for receiving a certain amount, the guarantor undertakes the liquidity of the fund's investment bonds; in other words, if the investor intends to sell his bonds and the fund refuses to buy them, the guarantor will buy them.
b. In exchange for receiving a certain amount, the guarantor undertakes the principal capital of the fund's investment bonds; in other words, if the investment leads to losses, the guarantor will compensate the damage caused to the capital.
C. In exchange for receiving a certain amount, the guarantor undertakes a minimum profit for the fund's investment bonds; in other words, if the profit from the fund's investment is less than the agreed minimum, the guarantor will pay the difference.

Proviso: The guarantor must be separate from the fund in terms of ownership. Of course, if this guarantee is done, only the guarantee itself will have a problem and the fund's main activity will not face any problem.
If the meaning of the guarantee is only a customary one (meaning an obligation to pay), then there will be no problem regarding the guarantee.


Market Maker

The Fund can have a market maker to ensure their liquidity.

برچسب‌ها
برای ارسال نظر وارد سایت شوید