Islamic Banking Business Prudential Rules 2015 (IBANK)

Click here to view earlier versions of Islamic Banking Business Prudential Rules 2015 (IBANK).

Islamic IBANKing Business Prudential Rules 2015 (IBANK)
IBANK Chapter 1:
General
IBANK Part 1.1 Preliminary
IBANK Part 1.2 Principles Relating to Islamic Banking Business and Islamic Investment Business
IBANK Part 1.3 Islamic Financial Contracts
IBANK Chapter 2:
Prudential Reporting Requirements
IBANK 2.1.1 Introduction
IBANK 2.1.2 Information About Financial Group
IBANK 2.1.3 Financial Group and Risks
IBANK 2.1.4 Preparing Returns
IBANK 2.1.5 Giving Information
IBANK 2.1.6 Accounts and Statements to use International Standards
IBANK 2.1.7 Signing Returns
IBANK 2.1.8 Firm to Notify Authority
IBANK Chapter 3:
Capital Adequacy
IBANK Part 3.1 General
IBANK Part 3.2 Initial and Ongoing Capital Requirements
IBANK Part 3.3 Capital Buffers and Other Requirements
IBANK Part 3.4 Leverage Ratio
IBANK Chapter 4:
Credit Risk
IBANK Part 4.1 General
IBANK Part 4.2 Credit Risk Management Policy
IBANK Part 4.3 Credit Risk Assessment
IBANK Part 4.4 Risk-Weighted Assets Approach
IBANK Part 4.5 Risk-Weightings for Islamic Financial Contracts
IBANK Part 4.6 Credit Risk Mitigation
IBANK Part 4.7 Provisioning
IBANK Part 4.8 Transactions with Related Parties
IBANK Chapter 5:
Concentration Risk and Related Matters
IBANK Part 5.1 General
IBANK Part 5.2 Concentration Risk
IBANK Part 5.3 Management of Exposures
IBANK Part 5.4 Powers of Regulatory Authority
IBANK Chapter 6:
Market Risk
IBANK Part 6.1.General
IBANK Part 6.2 Foreign Exchange Risk
IBANK Part 6.3 Options Risk
IBANK Part 6.4 Commodities Risk and Inventory Risk
IBANK Part 6.5 Equity Position Risk
IBANK Part 6.6 Profit Rate Risk in the Trading Book
IBANK Part 6.7 Market Risk Capital Charges for Islamic Financial Contracts
IBANK Chapter 7:
Operational Risk
IBANK Part 7.1 General
IBANK Part 7.2 Operational Risk Management Policy
IBANK Part 7.3 Operational Risk Capital Requirement
IBANK Part 7.4 Guidance on Operational Risks Relating to Islamic Financial Contracts
IBANK Chapter 8:
Liquidity Risk
IBANK Part 8.1 Liquidity risk management — introductory
IBANK Part 8.2 Guidance on liquidity risks arising from Islamic financial contracts
IBANK Part 8.3 Liquidity risk management — firms' obligations in detail
IBANK Part 8.4 Liquidity coverage ratio — liquidity risk group A Islamic banking business firms
IBANK Part 8.5 Minimum liquidity ratio — liquidity risk group B Islamic banking business firms
IBANK Part 8.6 Net stable funding ratio — liquidity risk group A Islamic banking business firms
IBANK Part 8.7 Net stable funding ratio — liquidity risk group B Islamic banking business firms
IBANK Part 8.8 Limits on net cumulative maturity mismatch
IBANK Part 8.9 Monitoring
IBANK Chapter 8:
Liquidity Risk [Deleted]
IBANK Part 8.1 General [Deleted]
IBANK Part 8.2 Guidance on Liquidity Risks Arising from Islamic Financial Contracts [Deleted]
IBANK Chapter 9:
Group risk
IBANK Part 9.1 General
IBANK Part 9.2 Group Capital Requirement and Resources
IBANK Chapter 10:
Treatment of Sukuk
IBANK Part 10.1 General
IBANK Part 10.2 Securitisation and re-securitisation
IBANK Part 10.3 Capital requirements for holdings of sukuk
IBANK Part 10.4 Capital requirements where firm is originator or issuer
IBANK Part 10.5 Effect of CRM techniques on capital requirements for sukuk
IBANK Chapter 11:
Treatment of PSIAs and Associated Risks
IBANK Part 11.1 General
IBANK Part 11.2 Rate of Return and Other Risks
IBANK Chapter 12:
Compliance with Shari'a
IBANK 12.1.1 Introduction
IBANK 12.1.2 Appointment of Shari'a Supervisory Board
IBANK 12.1.3 Assessing Good Character
IBANK 12.1.4 Assessing Competence
IBANK 12.1.5 Adequate Records to be Kept
IBANK 12.1.6 Firm's Obligations to Shari'a Supervisory Board
IBANK 12.1.7 Firm must Provide Information
IBANK 12.1.8 Policy and Procedures Manual
IBANK 12.1.9 Policies — Members of Shari'a Supervisory Board
IBANK 12.1.10 Disclosures that must be made by Islamic Banking Business Firm
IBANK 12.1.11 Financial Communication
IBANK 12.1.12 Internal Shari'a Reviews
IBANK 12.1.13 Firm must Give Copy of Report
IBANK Chapter 13:
Transitional
IBANK 13.1.1 Definitions for Chapter 13
IBANK 13.1.2 Authorised Firms to Remain Authorised
IBANK 13.1.3 Conditions, Modifications and Waivers
IBANK 13.1.4 Powers of Regulatory Authority not Diminished
IBANK Schedule 1 Recognised exchanges
IBANK Glossary
IBANK Part 1 Table of Acronyms and Abbreviations
IBANK Part 2 Definitions


Amended by QFCRA RM/2017-1 (as from 1st April 2017).