Please
refer to BSD Circular No. 11 dated May 22, 2008 and BSD
Circular No. 04 dated February 02, 2008 on the captioned
subject.
2. It has been decided to raise the limit on total Sukuk
holding, for SLR purposes, from 5 percent to 7 percent
of total Time and Demand Liabilities with immediate effect.
However, individual holding in Sukuks of one issuer shall
be limited to 5 percent of total Time and Demand Liabilities.
3. All other instructions on the subject shall, however,
remain unchanged.
Please
acknowledge receipt.