The Board of Directors of the Central Bank shall issue the regulations and statutes that lay down the controls and rules of commercial transactions of Islamic financial institutions and Takaful companies, licensed by such institutions, and which conduct all or part of their business activities in compliance with the Rules of Islamic Sharia, after being approved by the Sharia Supervisory Board set out in Article (470) above.
Interpretation and application must be checked against the official text and current version.