Tue, Oct 21, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Compliance, Tax, Legal, Regulatory more

Capital requirement for Islamic banking subsidiary may be raised

Posted on 14 October 2009

From Dailytimes.com.pk: The State Bank of Pakistan may increase the minimum capital requirement for setting up Islamic banking subsidiary by conventional banks to Rs 5 billion from Rs 1 billion, sources told Daily Times.

The central bank may also require the Islamic banking subsidiaries to maintain the same capital adequacy ratio that conventional banks and Islamic banks have to maintain, the sources added…………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031