Licensed Islamic Digital Bank – Min Amount of Capital Funds or Surplus of Assets over Liabilities
1. The Islamic Financial Services (Minimum Amount of Capital Funds or Surplus of Assets over Liabilities) (Licensed Person) (Amendment) Order 2022 [P.U. (A) 59] was gazetted on March 17, 2022, by the Minister, in the exercise of the powers conferred by subsection 12(1) of the Islamic Financial Services Act 2013 [Act 759]. 👉 The Order […]
Licensed Digital Bank – Minimum Amount of Capital Funds or Surplus of Assets over Liabilities
1. The Financial Services (Minimum Amount of Capital Funds or Surplus of Assets over Liabilities) (Licensed Person) (Amendment) Order 2022 [P.U. (A) 58] was gazetted on March 17, 2022, by the Minister, in the exercise of the powers conferred by subsection 12(1) of the Financial Services Act 2013 [Act 758]. 👉 The Order will come […]