Regulatory Alerts2010-11-01
Added · Updated
Instructions Concerning Financial Investment Policy
The Central Bank of Kuwait mandates that all Islamic banks establish a board-approved financial investment policy governing their securities portfolios. The regulations impose strict maximum limits, capping the total portfolio at 50 percent of comprehensive capital and restricting single-issuer exposures to 10 percent, while requiring investments in high-quality, diversified instruments. Banks must implement robust internal delegation systems, adhere to standardized accounting classifications, and submit quarterly portfolio data and performance reports to ensure ongoing regulatory compliance.
More like this from CBK
We email you every new CBK publication the day it's published.
Topics
capital
islamic-finance
Share