FC-1.12.13

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Past version: Effective from 01 Oct 2017 to 31 Dec 2021
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There are a number of checks that can provide a Islamic Bank licensee with a reasonable degree of assurance as to the authenticity of the applicant. They include:

(a) Telephone contact with the applicant on an independently verified home or business number;

(b) With the customer's consent, contacting an employer to confirm employment, via phone through a listed number or in writing; and

(c) Salary details appearing on recent bank statements.

Added: October 2017