• Confirmation of Transactions

    • BC-9.10.2

      When an Islamic bank licensee provides regulated Islamic banking services, it must establish procedures to keep the customer informed of the essential details of the financial product or service.

      Amended: July 2015
      Added: April 08

    • BC-9.10.3

      For the purposes of Rule BC-9.10.2, reference should be made to Chapter BC-4 and to Chapter CM-7.

      Amended: July 2015
      Added: April 08

    • BC-9.10.4

      For the purposes of Rule BC-9.10.2, in case of investment activities, Islamic bank licensees must include at the very least in their confirmation notes, the information included in Paragraph BC-9.13.7.

      Amended: July 2015
      Added: April 08