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Conversions of a Conventional Bank to an Islamic Bank - Adoption of the Standard

IM Research
By IM Research
6 years ago
Conversions of a Conventional Bank to an Islamic Bank - Adoption of the Standard


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  1. Shari ’ah Standard No. (6): Conversion of a Conventional Bank to an Islamic Bank Adoption of the Standard The Shari’ah Standard on Conversion of a Conventional to an Islamic bank was adopted by the Shari’ah Board in its meeting No. (8) held in AlMadinah Al-Munawwarah on 28 Safar - 4 Rabi’ I, 1423 A.H., corresponding to 11-16 May 2002 A.D. 161