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