Regulatory Alerts2019-01-01
Instructions No. 52 of 2019 Regarding the Amendment of Instructions No. 9 of 2018 on Capital Adequacy Requirements for Islamic Banks
The Palestine Monetary Authority issued Instructions No. 52 of 2019 to amend the capital adequacy implementation guidelines for Islamic banks in Palestine. The directive specifically revises Condition (A and B) of Paragraph 3.12.3 by replacing the previous text with a strict cap limiting the total credit exposure to any single entity or related group to USD 200,000 or its equivalent. These amendments apply immediately to all licensed Islamic banks and are intended to strengthen regulatory oversight of retail credit portfolios.
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