Circulars

Submission of Returns to IBD

May 05, 2006
8859

The Presidents/CEOs

Islamic Banking Institutions/

Banks having Islamic Banking Branches,

Dear Sirs / Madam,

SUBMISSION OF RETURNS TO IBD

Please refer to the various returns submitted by the banks to Banking Supervision Department. It has been decided that henceforth a copy of the following returns would be submitted to Islamic Banking Department as well, with effect from the dates as mentioned against the respective returns.

Returns Reference: BSD Circular No To be submitted from
Weekly statement of position 4 of July 16, 2005 First Week of May, 2006
Quarterly report of condition 12 of December 30, 2003 Quarter ending June 30, 2006
Half yearly/Quarter
Ended Financial statement
01 of January 07, 2004 Period ending June 30, 2006
Annual Accounts 01 of January 07, 2004 As of/on December 31, 2006

Timelines and all other terms and conditions for submitting Annual, Half Yearly, Quarterly financial statements will remain same as per above-mentioned circulars (as amended from time to time). Please ensure meticulous compliance of these instructions.

Please send all of the Returns at the following address:

The Director

Islamic Banking Department

7th Floor, State Bank of Pakistan

I.I. Chundrigar Road

Karachi.

Yours sincerely,

Imran Ahmad
Joint Director