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  • PD-1.2A PD-1.2A Requirements for Annual Audited Financial Statements for Overseas Islamic Retail Banks

    • Submission of Annual Audited Financial Statements

      • PD-1.2A.1

        All overseas Islamic retail bank licensees must submit their annual audited financial statements to the CBB within 3 months of the end of the bank's financial year (as required by Article 62 of the CBB Law).

        Amended: April 2016
        Added April 2012

    • Publication of Annual Audited Financial Statements

      • PD-1.2A.2

        Banks must publish extracts from their audited annual financial statements in one Arabic and one English daily newspaper within 3 months of the end of the financial year. The newspaper disclosures may be edited, but must include at a minimum the statement of financial position (balance sheet), the statements of income and cash flow and where applicable, of comprehensive income.

        Amended: July 2018
        Amended: April 2016
        Added April 2012