Circulars/Notifications  

 IBD Circular No. 03
July 15, 2010

The Presidents / Chief Executives
All Islamic Banks and
All Conventional Banks having Islamic Banking Branches

Dear Sirs,

RATIONALIZATION / DISCONTINUATION OF RETURNS
(SCHEDULE OF SERVICE CHARGES)

Please refer to BPRD Circular No. 5 of 2010 on the captioned subject, read with BPD Circular NO. 33 of 2003 and section ‘I’ of Annexure-I to IBD Circular No. 2 of 2008 regarding submission of Schedule of Service Charges to SBP.

2. It has been decided to discontinue with immediate effect, the submission of Schedule of Service Charges by Islamic Banking Institutions to Islamic Banking Department.

3. All other instructions relating to Schedule of Service Charges as contained in the IBD Circular No. 2 of 2008 and BPD Circular No. 33 of 2003 shall however remain unchanged.

Please acknowledge receipt.

Yours faithfully,

Sd/-

(SALEEM ULLAH)
Director
 

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