CTRL 9.2.4 Stress-testing

In carrying out stress-testing and developing its stress-testing scenarios, an Islamic banking business firm must consider the IFSB’s guiding principles on stress-testing for institutions offering Islamic financial services and the recommended standards for stress-testing issued by the Basel Committee on Banking Supervision.

 

Derived from QFCRA RM/2020-4 (as from 1st July 2021)