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Name: Fillable Online Modified Minimum Capitalization of Conventional Banks With Islamic Banking Unit Fax Email Print - pdfFiller
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This circular outlines the modified minimum capitalization requirements for conventional banks wishing to establish Islamic Banking Units (IBUs) in order to enhance access to Shari\'ah-compliant banking products for Filipinos. It discusses the licensing requirements, compliance procedures, and the necessary corporate plans to be submitted by applicants. The circular emphasizes the importance of continued engagement between the Bangko Sentral and market players.

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