Common use of ISLAMIC ACCOUNTS Clause in Contracts

ISLAMIC ACCOUNTS. (a) In the event of a customer who due to its observance of Islamic religious beliefs cannot receive or pay interest, such customer may elect to designate, in the manner provided by the Company as this may be altered from time to time, their trading account to be a swap-free account not charged with or entitled to, premiums and/or rollovers and/or interest (“Islamic Account”). The Customer hereby confirms and/or accepts and/or declares that a request to render their account as an Islamic Account shall only be made due to the said Islamic religious beliefs and for no other reason whatsoever. The Company reserves the right to refuse to accept the request of a customer to designate their account as an Islamic Account, at its sole and absolute discretion which shall be conclusive and undisputable by the Customer.

ISLAMIC ACCOUNTS. (a) 8.4.1. In the event of a customer who who, due to its observance of Islamic religious beliefs beliefs, cannot receive or pay interest, such customer may elect to designate, in the manner provided by the Company as this may be altered from time to time, their his/her trading account to be a swap-free account not charged with or entitled to, premiums and/or rollovers and/or interest (“Islamic Account”). The Customer customer hereby confirms and/or accepts and/or declares that a request to render their his/her account as an Islamic Account shall only be made due to the said Islamic religious beliefs and for no other reason whatsoever. The Company reserves the right to refuse to accept accepting the request of a customer to designate their his/her account as an Islamic Account, at upon its sole and absolute discretion which shall be conclusive and undisputable by upon the Customercustomer.

ISLAMIC ACCOUNTS. (a) In the event of a customer who due to its observance of Islamic religious beliefs cannot receive or pay interest, such customer may elect to designate, in the manner provided by the Company as this may be altered from time to time, their trading account to be a swap-free account not charged with or entitled to, premiums and/or rollovers and/or interest (“Islamic Account”). The Customer customer hereby confirms and/or accepts and/or declares that a request to render their account as an Islamic Account shall only be made due to the said Islamic religious beliefs and for no other reason whatsoever. The Company reserves the right to refuse to accept the request of a customer to designate their account as an Islamic Account, at upon its sole and absolute discretion which shall be conclusive and undisputable upon the customer. In the event that the Company suspects that a customer is abusing the rights conferred to them by the Customer.classification of the account as an Islamic Account, the Company has the right, without prior notice, to proceed with one or more of the following:

ISLAMIC ACCOUNTS. (a) 8.4.1. In the event of a customer who due to its observance of Islamic religious beliefs cannot receive or pay interest, such customer may elect to designate, in the manner provided by the Company as this may be altered from time to time, their his/her trading account to be a swap-free account not charged with or entitled to, premiums and/or rollovers and/or interest (“Islamic Account”). The Customer customer hereby confirms and/or accepts and/or declares that a request to render their his/her account as an Islamic Account shall only be made due to the said Islamic religious beliefs and for no other reason whatsoever. The Company reserves the right to refuse to accept accepting the request of a customer to designate their his/her account as an Islamic Account, at upon its sole and absolute discretion which shall be conclusive and undisputable by upon the Customercustomer.

ISLAMIC ACCOUNTS. (a) 8.3.1. In the event of a customer who who, due to its observance of Islamic religious beliefs beliefs, cannot receive or pay interest, such customer may elect to designate, in the manner provided by the Company as this may be altered from time to time, their his/her trading account to be a swap-free account not charged with or entitled to, premiums and/or rollovers and/or interest (“Islamic Account”). The Customer customer hereby confirms and/or accepts and/or declares that a request to render their his/her account as an Islamic Account shall only be made due to the said Islamic religious beliefs and for no other reason whatsoever. The Company reserves the right to refuse to accept accepting the request of a customer to designate their his/her account as an Islamic Account, at upon its sole and absolute discretion which shall be conclusive and undisputable by upon the Customercustomer.

ISLAMIC ACCOUNTS. (a) In the event of a customer who due to its observance of Islamic religious beliefs cannot receive or pay interest, such customer may elect to designate, in the manner provided by the Company as this may be altered from time to time, their trading account to be a swap-free account not charged with or entitled to, premiums and/or rollovers and/or interest (“Islamic Account”). The Customer customer hereby confirms and/or accepts and/or declares that a request to render their account as an Islamic Account shall only be made due to the said Islamic religious beliefs and for no other reason whatsoever. The Company reserves the right to refuse to accept the request of a customer to designate their account as an Islamic Account, at upon its sole and absolute discretion which shall be conclusive and undisputable upon the customer. In the event that the Company suspects that a customer is abusing the rights conferred to them by the Customer.classification of the account as an Islamic Account, the Company has the right, without prior notice, to proceed with one or more of the following: