https://www.globalriskregulator.com/
Regions / Emerging Markets

Newsletter January 2014: New capital rules set for Islamic banks

Simon Turmaine | January 15, 2014

KUALA LUMPUR – The Islamic Financial Services Board (IFSB), one of the main international regulators for the industry, has published revised capital adequacy standards for Islamic financial institutions excluding takaful (insurance) and investment funds. This is the first full revision of capital standards for sharia-compliant banks and windows (subsidiaries of conventional banks) since 2005, although a number of rules concerning specific asset classes have been tweaked in the meantime.

Global Risk Regulator’s articles are exclusively

available to full subscribers

 

Subscribe today to ensure you stay informed about the latest global regulations and standards.

Tel: +44 (0)20 7873 3183
Email: grr@ft.com
Global Risk Regulator
   
Subscribing to Global Risk Regulator ensures easy online access and navigation for the latest analysis, multimedia content, monthly and breaking news alerts straight to your inbox and access to the 10-year archive.
 
Navigate through the regulatory landscape with a subscription to Global Risk Regulator.
subscribe