SS 28 - Банковские услуги

The purpose of this standard is to indicate banking services provided by Islamic financial Institutions (Institution/Institutions), and the Shari’ah opinion on the fees charged for such services.

The word (Institution/Institutions) is used here to refer, in short, to Islamic financial institutions including Islamic Banks.

Scope of the Standard

This standard covers the most important banking services that do not involve lending and borrowing, and which the Institutions render to their customers, directly or through other parties, with the aim of facilitating internal and external operations and activities performed by these customers. It does not cover loan and investment services, or other banking services for which separate Shari’ah standards have already been issued, such as trading in currencies, debit and credit cards, investment accounts, and investment Sukuk. 2. Types of Banking Services and Their Shari’ah Status Institutions may provide banking services against fees payable in lump sum or as a percentage share of the value of the service in question, as indicated in the following cases: