Article 203 — Article (203) Conversion of Sukuk or Bonds into Shares
Part Four: Public Joint Stock Companies · Chapter Four: Capital of Public Joint Stock Company
The Bonds or Sukuk shall be converted into shares according to the terms of the prospectus as approved by the SCA. The approval of the Central Bank shall be obtained if the Company is licensed thereby.
Interpretation and application must be checked against the official text and current version.
