Skip to main content

VIII. Shari’ah Implementation

C 52/2017 STA Effective from 1/12/2022

Banks providing Islamic financial services must comply with the requirements and provisions of this standard for their Shari’ah compliant transactions that are alternative to transactions referred to in this Standard, provided it is acceptable by Islamic Shari’ah. This is applicable until relevant standards and/or guidance are issued specifically for transactions of banks offering Islamic financial services