Please
refer to IBD Circular Letter No 1 of 2006 on captioned
subject and subsequent instructions issued on subject
from time to time.
As you are aware that recently parallel run of Quarterly
Report of Conditions (QRC) has been called off vide OSED
Circular Letter No 1 of 2009. Therefore you are advised
to discontinue the submission of paper based QRC Part
A, B & C.
Moreover,
as per Circular No 1 of 2009 on “Implementation
of Islamic Financial Accounting Standard for Ijarah (IFAS
2-Ijarah)” format of Monthly Statement of Position
(MSP) has also been revised and attached herewith.
All
Islamic banking Institutions are advised to report MSP
on new format with effect from April 2009, through email
only at [email protected]. All other instructions
on the subject remain unchanged.
Enclosed:
New format of MSP