2018-02-04

Added · Updated

Central Bank of Jordan: Regulatory Capital Instructions for IFSB Standard No. 15 (Revised)

The Central Bank of Jordan issues Regulatory Capital Instructions No. 72/2018 for licensed Islamic banks, implementing the Revised IFSB Standard No. 15. The document mandates minimum capital ratios, requiring a total capital adequacy ratio of 12%, with Common Equity Tier 1 at 6%, Additional Tier 1 capped at 1.5%, and Tier 2 capped at 2%, plus a 2.5% conservation buffer. It defines eligible capital components, consolidation mechanisms for banking groups, and risk coverage standards for credit, operational, and market risks.

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