Guidelines on Property Development and Property Investment Activities by Islamic Banks

The Guidelines on Property Development and Property Investment Activities by Islamic Banks set out the expectation of Bank Negara Malaysia on Islamic bank’s exposure to property development and property investment activities, with particular emphasis on strengthening the governance and risk management aspects for such activities undertaken by Islamic banks.

The requirements specified under the Guidelines have taken into consideration the specific nature of property development and property investment activities, as well as the recommendations outlined in the Capital Adequacy Requirements for Sukuk, Securitisations and Real Estate Investment issued by the Islamic Financial Services Board in January 2009.

This document belongs to Bank Negara Malaysia (BNM). Full access to the original source is available here: https://www.bnm.gov.my/banking-islamic-banking