Companies Law

1. The interests of partners may not be in the form of tradable sukuk. 2. A partner may not wholly or partly assign his interests unless such assignment is carried out pursuant to the conditions provided for in the company’s articles of incorporation or upon obtaining the approval of the other partners. Any assignment agreement concluded to the contrary shall be deemed null and void. Said assignment shall be registered with the Commercial Register and published therein. 3. A partner may assign to other parties the financial rights associated with his interests in the company, and the effect of such assignment shall be limited to the parties thereto.