2022-04-30

Added 2026-07-12 · Updated 2026-07-25

Instructions to Islamic Banks on Legal Liquidity No. 40/2008

The Central Bank of Jordan mandates that Islamic banks maintain a legal liquidity ratio of at least 100% of total weighted liabilities, with a minimum of 70% in Jordanian dinars. This instruction defines the specific components and weighting factors for the ratio's numerator and denominator, including International Murabaha and Islamic Sukuk, while excluding company stock subscription proceeds. It sets a margin of 3% under Article 42/b of the Banking Law and requires daily calculation and weekly submission of the ratio, replacing Instructions No. 37/2007 effective immediately.

Jordan

Central Bank of Jordan

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