Guidelines
 Last Revised Date: 01 July 2022

Guidelines on the Application of Banking Regulations to Islamic Banking

Guidelines for all financial institutions covering MAS' general approach to Islamic banking regulations.
Applies to: Full Bank (Locally Incorporated) , Full Bank (Branch) , Wholesale Bank (Branch) , Wholesale Bank (Locally Incorporated)
View Document Guidelines on the Application of Banking Regulations to Islamic Banking (1.14 MB)

These guidelines apply to all financial institutions offering Islamic banking in Singapore.

The guidelines cover:

  • MAS’ general approach to the regulation of Islamic banking
  • Admission framework for Islamic banks
  • Regulatory treatment for Islamic banking products

Amendment Notes

01 Jul 2022
Guidelines on the Application of Banking Regulations to Islamic Banking dated 1 July 2021 is revised.

01 Jul 2021
Guidelines on the Application of Banking Regulations to Islamic Banking dated 1 April 2010 is revised.