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The document ceased to be valid since  July 26, 2024 according to Item 2 of the Resolution of Board of National Bank of the Kyrgyz Republic of July 5, 2024 No. 2024-P-12/28-3-(NPA)

RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of May 31, 2017 No. 21/12

About approval of the Provision "About requirements to transactions with the affiliated and tied with bank faces when implementing Ekoislamikbank Ltd of transactions according to the Islamic principles of banking and financing"

(as amended on 14-08-2024)

According to articles 7 and 43 of the Law "About National Bank of the Kyrgyz Republic" Board of National Bank of the Kyrgyz Republic decides:

1. Approve the Provision "About requirements to transactions with the affiliated and tied with bank faces when implementing Ekoislamikbank Ltd of transactions according to the Islamic principles of banking and financing" it (is applied).

2. Declare invalid the Resolution of Board of National Bank of the Kyrgyz Republic "About the Provision "About requirements to transactions with insiders and affiliates when implementing JSC Ekobank of transactions according to the Islamic principles of financing" of February 2, 2007 No. 6/2.

3. To legal management:

- publish this Resolution on the official site of National Bank of the Kyrgyz Republic;

- after official publication to send this Resolution to the Ministry of Justice of the Kyrgyz Republic for entering into the State register of regulatory legal acts of the Kyrgyz Republic.

4. This Resolution becomes effective on June 22, 2017.

5. To management of methodology of supervision and licensing to bring this Resolution to the attention of Ekoislamikbank Ltd, regional managements and representative office of National Bank of the Kyrgyz Republic in Batken Province.

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