CM-1.8.27

Past version: Effective from 01 Jun 2022 to 31 Mar 2023
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Islamic bank licensees must report restructured accounts to the CBB on a quarterly basis until the satisfactory performance of the account, under revised terms, and the counterparty has resolved its financial difficulty. All NPE accounts restructured must be classified as non-performing and must be subject to the requirements of the Paragraph CM-1.8.15 to CM-1.8.18

Added: June 2022