1. Introduction
| No: 45021335 | Date(g): 14/10/2023 | Date(h): 30/3/1445 | Status: In-Force |
Effective from Jan 01 2024 - Dec 31 2023
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In exercise of the powers vested upon the Saudi Central Bank (SAMA) under the charter issued by the Royal Decree No. M/36 on 11-04-1442AH (26 November 2020G) and the Banking Control Law issued by Royal Decree No. M/5 dated 22-2- 1386AH (11 June 1966G). SAMA is hereby issuing the enclosed Additional Requirements on Capital Adequacy for domestic banks conducting Shari’ah compliant banking.