SSM INTEREST SCHEME
NATURE OF THE SCHEME
CLASSIFICATION OF INTEREST SCHEME
STAKEHOLDER & REGULATOR
KEY ATTRIBUTES
VALUE PROPOSITION
SSM INTEREST SCHEME
According to Section 2 of the Interest Schemes Act2016, the term “interest” means any interest or right to participate, whether in Malaysia or elsewhere in any:
NATURE OF THE SCHEME
Based on the current legal context, an interest scheme may be offered as:
1. A single nature interest scheme;
2. A combined scheme, with both for right to use/enjoy the property/facilities and the right for profits/financial benefits
3. A Shariah compliant single nature interest scheme;
4. A Shariah compliant combined scheme, with both for right to use/enjoy the property/facilities and the right for profits/financial benefits.
CLASSIFICATION OF INTEREST SCHEME
Term ‘interest’ in Section 2 of the Interest Schemes Act specifically
EXCLUDES:
STAKEHOLDER & REGULATOR
KEY ATTRIBUTES
VALUE PROPOSITION
