Article (8) Information Systems and Internal Reporting for IBs
CBUAE/BSD N 1198/2021 Effective from 25/2/2021 - 8.1IBs must ensure that an adequate system of controls with appropriate checks and balances are in place. The controls must:
- a.Ensure compliance with the provisions of Islamic Shari’ah, and
- b.Take into account the integrity of risk management processes.
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