UAE Commercial Transactions Law — Article 472 — Article (472)
Book Three: Banking Transactions · Part Six: Commercial Transactions of Islamic Financial Institutions · Chapter One: General Provisions: Article (468)
The following transactions, whenever carried out by an Islamic financial institution, shall constitute commercial transactions governed by the Rules of Islamic Sharia:
1. Deposit;
2. Investment account;
3. Takaful insurance;
4. Islamic financing instruments;
5. Investments; and
6. Any transaction where any statute in force provides that it is governed by the Rules of Islamic Sharia.
Interpretation and application must be checked against the official text and current version.
