PD-1.3.34
Past version: Effective from 01 Oct 2010 to 31 Mar 2011
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The following qualitative disclosures should be made in addition to PD-1.3.32 (a) to (g) when the concerned Islamic bank has restricted investment accounts:
a) Written policies on the bank's fiduciary duties in managing IAH funds, and the policies and procedures for monitoring these duties; and
b) The duties and obligations of investment account managers in managing the IAH funds, and the policies and procedures for monitoring these duties and obligations.
Amended October 2010
April 2008
April 2008