CBI News 05/14/2019

[yota691]

Compliance Compliance Report and Compliance Control

 

  

 May 14, 2019

To / Approved Islamic Banks / Shariah Compliance Monitor (Compliance Compliance Report and Compliance Control ) ... Click here to view
In line with the role of the Bank in establishing an Islamic banking system that complies with the best international standards (IFSB-17: 2015) and the International Standard (ISO9001: 2015) And the related monitoring of the risks of non-compliance with the regulatory and legal framework, including the provisions of Islamic Shariah law, a report was prepared by the Sharia Compliance Monitor (published through the website of this bank), which takes into account the specificity of Islamic banks and in order to achieve continuous communication between the Sharia Compliance Monitor and the Banking Control Section Islam in this b NK to correct errors after monitoring during the interval between the report and another, and to ensure access to legitimate banking compliance and compliance control to the best practices required. The report will be adopted during the third quarter of this year. The bank was granted 30 days to Islamic banks to comment on this report.

[DWS112]

 

8 hours ago, yota691 said:

The report will be adopted during the third quarter of this year.

 

[Artitech]

How does help with an RV?

[Donziman]

Complying with Shariah law and practice Oh boy i'm impressed  (not)

[Laid Back]

“The report will be adopted during the third quarter of this year.”

 

Compliance Reporting. Compliance refers to the reports created by companies in order to comply to rules, standards, laws and regulations set by regulatory bodies and government agencies. Failure to comply means businesses are subject to regulatory penalties, including fines and imprisonment.

 

Compliance  control, as defined by accounting and auditing, is a process for assuring of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies.

 

This is just my opinion,

 

If the The report will be adopted the third quarter of 2019, I believe this will move our window of opportunity for an RV to the first quarter of 2020.

 

 

Go RV sooner than later

Go $1:1

[NoviceInvestor]

2020?? The train chugs along with no end in sight it seems ..

[Mary B]

The Central Bank circulates Sharia compliance on Islamic banks in Iraq

 

 

 2019/05/16 03:08:38

 

The Central Bank of Iraq announced on Thursday the preparation of the report of the compliance monitor, which is a report that takes into account the specificity of Islamic banks and to achieve continuous communication between the compliance observer in the Sharia and the Banking Control Department of the Central Bank.

"This report establishes an Islamic banking system that complies with international standards and standards," the bank said in a statement today.

The role of the Sharia Compliance Monitor in Islamic Banks monitors the risk of non-compliance with the regulatory and legal framework, including the provisions of Islamic Sharia. The report seeks to ensure that legitimate banking compliance and compliance control are in compliance with the best practices required. The report will be adopted during the third quarter of this year, The bank gave Islamic banks 30 days to comment on the report.

https://www.shafaaq.com/ar/اقتصـاد/البنك-المركزي-يعمم-الامتثال-الشرعي-على-المصارف-الإسلامية-في-العراق/

[yota691]

The Central Bank is circulating the Sharia Compliance Report on Islamic Banks

 

Logo of the Central Bank of Iraq

Banks Economy News _ Baghdad The Central Bank of Iraq (CBE) announced on Thursday that it will complete the report of the Sharia Compliance Monitor, adding that the report will be approved during the third quarter of this year.  "The report takes into account the specificity of Islamic banks and the continuous communication between the Sharia Compliance Controller and the Central Bank's Banking Control Department," the bank said in a statement received by Al-Iktissad News. "This report establishes an Islamic banking system that complies with the best international standards and specifications "He said.  "The report seeks to ensure access to legitimate banking compliance and compliance monitoring to the best practices required," the statement said.  He pointed out that "the report will be adopted during the third quarter of this year, and gave the bank Islamic banks thirty days to show their observations on the report." It is worth mentioning that the function of the Shari'a Compliance Monitor in Islamic banks monitors the risks of non-compliance with the regulatory and legal framework, including Islamic Sharia.  Views 46   Date Added 16/05/2019

[Mary B]

The Central Bank is circulating the Sharia Compliance Report on Islamic Banks

Economy | 10:16 - 16/05/2019

 

 

 

BAGHDAD - 
The Central Bank announced on Thursday the completion of a report on compliance with Islamic banks. 
In a statement received by Mawazine News, the bank said it had completed the report of the Shari'a Compliance Monitor, a report that takes into account the specificity of Islamic banks and in order to achieve continuous communication between the Sharia Compliance Controller and the Central Bank's Banking Control Department. Islamic compliance with the best international standards and specifications. " 
She added that "the function of the Shari'a Compliance Monitor in Islamic banks monitors the risks of non-compliance with the regulatory framework and the legal, including the provisions of Islamic law."
"This report seeks to ensure access to legitimate banking compliance and compliance monitoring to the best practices required. The report will be adopted during the third quarter of this year, and this bank has granted Islamic banks thirty days to indicate their observations on the report."

https://www.mawazin.net/Details.aspx?jimare=47033

[Butifldrm]

The Central Bank circulates Sharia compliance on Islamic banks in Iraq

 

Recommendations from

CBIEconomyIslamic BanksCompliance Shari'ahReport

 2019-05-16 09:08:38

 

The Central Bank of Iraq announced on Thursday the preparation of the report of the compliance monitor, which is a report that takes into account the specificity of Islamic banks and to achieve continuous communication between the compliance observer in the Sharia and the Banking Control Department of the Central Bank.

"This report establishes an Islamic banking system that complies with international standards and standards," the bank said in a statement today.

The role of the Sharia Compliance Monitor in Islamic Banks monitors the risk of non-compliance with the regulatory and legal framework, including the provisions of Islamic Sharia. The report seeks to ensure that legitimate banking compliance and compliance control are in compliance with the best practices required. The report will be adopted during the third quarter of this year, The bank gave Islamic banks 30 days to comment on the report.

https://www.shafaaq.com/ar/اقتصـاد/البنك-المركزي-يعمم-الامتثال-الشرعي-على-المصارف-الإسلامية-في-العراق/

[6ly410]

The Central Bank is circulating the Sharia Compliance Report on Islamic Banks

 

Logo of the Central Bank of Iraq

Economy News _ Baghdad The Central Bank of Iraq (CBE) announced on Thursday that it will complete the report of the Sharia Compliance Monitor, adding that the report will be approved during the third quarter of this year.  "The report takes into account the specificity of Islamic banks and the continuous communication between the Sharia Compliance Controller and the Central Bank's Banking Control Department," the bank said in a statement received by Al-Iktissad News. "This report establishes an Islamic banking system that complies with the best international standards and specifications "He said.  "The report seeks to ensure access to legitimate banking compliance and compliance monitoring to the best practices required," the statement said.  He pointed out that "the report will be adopted during the third quarter of this year, and gave the bank Islamic banks thirty days to show their observations on the report." It is worth mentioning that the function of the Shari'a Compliance Monitor in Islamic banks monitors the risks of non-compliance with the regulatory and legal framework, including Islamic Sharia.    Views 142   Date Added 05/16/2019   http://economy-news.net/content.php?id=16641