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Article 15

1) The contribution of each Conventional Bank or Islamic Bank in the total amount of the respective Funds shall be determined on an annual pro-rata basis of the total Eligible Accounts of all Conventional Banks and Islamic Banks in the Kingdom. The CBB shall provide the Board with the necessary data to allow it to determine the amounts of contributions each Conventional Bank or Islamic Bank shall make. The Board may allow the Conventional Bank or Islamic Banks to make its contribution in the form of monthly instalments which shall be charged against the profit & loss account of these Banks.
2) No contribution (or part thereof) shall be refundable to a Conventional Bank or Islamic Bank in any circumstance.