2021
This guidance note addresses the specificities of Islamic financing modalities and provides voluntary common approaches for Islamic finance institutions (IFIs) to showcase the inherent similarities between Islamic finance principles and the UN Principles for Responsible Banking (PRB). It does so by providing common disclosure statements and highlighting considerations for IFIs when completing their PRB Reporting and Self-Assessment template. This guidance aims to assist IFIs signed up to the PRB (and those looking to sign up) in making sure the nuances of Islamic financing modalities and governance structures unique to IFIs are considered within their PRB Reporting and Self-Assessment template.
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