‹ BC-4.16 Profit on credit facilities BC-4.18 Fund Transfers by Customers of Payment Service Providers (PSP) › BC-4.16.1 Islamic retail bank licensees must not charge profit on credit facilities using a 'monthly flat rate'; they must instead use an effective profit rate based on a reducing balance method. Added: October 2019 ‹ BC-4.16 Profit on credit facilities BC-4.18 Fund Transfers by Customers of Payment Service Providers (PSP) ›