Ijarah - Submission Requirements

Transcription

1. Ijarah 53 of 59 PART E S SUBMISSION REQUIREMENT 38 . Submission requirement 38.1 IFIs that currently offer a product or service that is structured based on the ijarah contract must assess the consistency of such product or service with this policy document and develop an implementation plan to ensure full compliance with this policy document by 1 August 2018. The implementation plan shall be endorsed by the SC and approved by the Board. S 38.2 The IFI shall submit the gap analysis of specific products and implementation plan to address the gaps to Jabatan Perbankan Islam dan Takaful (JPIT) no later than 30 December 2016. S 38.3 The IFI must immediately notify JPIT if the IFI identifies any cause that will affect full compliance latest by 1 January 2018.