ABA Arranges Islamic Banking Windows Meeting with DAB, SSBs
Date: August 14, 2016
In order to help promote Islamic Banking in the country, on August 14, 2016, Afghanistan Banks Association (ABA) arranged a productive meeting with Da Afghanistan Bank (The Central Bank of Afghanistan) Sharia Supervisory Board (SSB). In this meeting , Shariah Supervisory Board (SSB)Members, Deputy DG (Islamic Banking Section), Supervision Department Representative DAB, ABA Executive Director and all ABA Member banks (Islamic Banking Heads/Dy Heads) participated.
In the beginning of the meeting, introduction were made among all members. Mr. Amiri Executive Director thanked DAB and SSB team for their immense cooperation. The SSB chairman updated IBW Heads on the importance of the Islamic Banking regulations and following issues were discussed in details.
• Recommendations on Islamic Banking Regulations and guidelines
• Proposed Structure of Islamic Banking Window (IBW)
• Separate Capital for IBW
• Commodity Murrabha
• Profit Sharing
• Submission of IB Polices by the Banks
