The Presidents/CEOs
Islamic Banks/
Banks having Islamic Banking Branches,

Dear Sirs,

SUBMISSION OF RETURNS TO ISLAMIC BANKING DEPARTMENT

Please refer to our Circular Letter No. 1, dated May 05, 2006 on captioned subject, in terms of which Islamic Banks (IBs)/ Banks having Islamic Banking Branches (IBBs) were asked to send a copy of returns to Islamic Banking Department as well. Now IBs & IBBs are advised to discontinue the submission of hard copy of Weekly Statement of Position to Islamic Banking Department and submit the soft copy (on enclosed format) at [email protected] with effect from June 02, 2006.

Further IBs/ IBBs are advised to submit a Monthly Statement of Position, format of which is enclosed. The Monthly Statement of Position (MSP) should reach the Islamic Banking Department within 5 working days of the reporting month. Moreover, besides submitting the hard copy of monthly statement of position, please e-mail the data to [email protected] within the same timeline. This data of MSP would however shortly be included in SBP’s Reporting Chart of Accounts (RCOA) for online submission.

Encls: Format MSP & Format WSP