About
About
What we do
Our Jurisdiction
Management
International Cooperation
Our Mission
Our Structure
Risk Management Framework
Firms
Firms
Authorisation
Enforcement
Supervision
Consumers
Consumers
Complaints
Know your rights
Scams
Investment Guide
Fintech
FinTech
FinTech Lab
Fintech Hub
Global Financial Innovation Network (GFIN)
Registration
Registration
Consider before opening business
Post-registration
Types of participants
Legal Framework
Public Register
Main
>
Legal Framework
>
10.16. Guidance on liquidity risks arising from Islamic financial contracts
Login
LEGAL ENTITIES LEGISLATION
FINANCIAL SERVICES LEGISLATION
REGULATIONS
RULES
GENERAL RULES
CONDUCT OF BUSINESS RULES
ANTI-MONEY LAUNDERING AND COUNTER-TERRORIST FINANCING AND SANCTIONS RULES
COLLECTIVE INVESTMENT SCHEME RULES
AUTHORISED MARKET INSTITUTION RULES
MARKET RULES
RECOGNITION RULES
DEMATERIALISED INVESTMENT RULES
RULES FOR PRE-IPO LISTINGS
SOVEREIGN BONDS RULES
BANKING BUSINESS PRUDENTIAL RULES
PRUDENTIAL RULES FOR INVESTMENT FIRMS
PRUDENTIAL RULES FOR INSURANCE INTERMEDIARIES
INSURANCE AND REINSURANCE PRUDENTIAL RULES
ISLAMIC BANKING BUSINESS PRUDENTIAL RULES
1. GENERAL
2. PRINCIPLES RELATING TO AN ISLAMIC BANK
3. PRUDENTIAL REPORTING REQUIREMENTS
4. CAPITAL ADEQUACY
5. CAPITAL BUFFERS AND OTHER REQUIREMENTS
6. CREDIT RISK
7. CONCENTRATION RISK AND LARGE EXPOSURES
8. MARKET RISK
9. OPERATIONAL RISK
10. LIQUIDITY RISK
10.1. General
10.2. Funding liquidity risk
10.3. Market liquidity risk
10.4. Liquidity risk tolerance
10.5. Requirements—managing liquidity and withstanding liquidity stress
10.6. Future shortfalls in liquidity
10.7. Notification about liquidity concerns
10.8. Role of governing body—liquidity risk
10.9. Policies—liquidity risk environment
10.10. Funding strategy
10.11. Contingency funding plan
10.12. Stress-testing and liquidity risk tolerance
10.13. Firms that conduct foreign currency business
10.14. Management of encumbered assets
10.15. Consequences of breaches and changes
10.16. Guidance on liquidity risks arising from Islamic financial contracts
10.17. Liquidity risks—murabahah
10.18. Liquidity risks—commodity murabahah
10.19. Liquidity risks—salam
10.20. Liquidity risks—ijarah
10.21. Liquidity risks—mudarabah and musharakah
10.22. Liquidity risks—PSIA
10.23. Liquidity risks—qardh
11. GROUP RISK
12. TREATMENT OF SUKUK
13. TREATMENT OF PSIAS AND ASSOCIATED RISKS
14. SUPERVISORY REVIEW AND EVALUATION PROCESS
15. PUBLIC DISCLOSURE REQUIREMENTS
APPENDIX 1: LIQUIDITY RISK
APPENDIX 2: GROUP RISK
APPENDIX 3: SUPERVISORY REVIEW AND EVALUATION PROCESS
APPENDIX 4: PUBLIC DISCLOSURES REQUIREMENTS
14. GLOSSARY
ISLAMIC FINANCE RULES
TAKAFUL AND RETAKAFUL PRUDENTIAL RULES
REPRESENTATIVE OFFICE RULES
AIFC AUDITOR RULES
AIFC Financial Technology Rules
COOPERATION AND EXCHANGE OF INFORMATION RULES
TERMS AND PROCEDURE FOR CURRENCY TRANSACTIONS
FINANCIAL SERVICES EXEMPT FROM CORPORATE TAX
GLOSSARY
FEES RULES
RULES ON CURRENCY REGULATION AND PROVISION OF INFORMATION ON CURRENCY TRANSACTIONS IN THE AIFC
RULES ON THE SUBSTANTIAL PRESENCE OF THE AIFC PARTICIPANTS APPLYING TAX EXEMPTIONS FOR THE PAYMENT OF CIT, VAT
MULTILATERAL AND ORGANISED TRADING FACILITIES RULES
AIFC RECOVERY AND RESOLUTION RULES
AIFC RULES ON DIGITAL ASSET ACTIVITIES
RULES AND MECHANISMS OF COOPERATION OF UNBACKED DIGITAL ASSET EXCHANGES AND/OR CENTRE PARTICIPANTS AUTHORIZED TO CARRY OUT DIGITAL ASSETS-RELATED ACTIVITIES WITH SECOND-TIER BANK OF THE REPUBLIC OF KAZAKHSTAN
POLICIES AND POLICY STATEMENTS
NOTICES
GUIDANCE
TEMPLATE
CONSULTATION PAPERS
ARCHIVE
Entire section
PDF
Print
Versions
10.15. Consequences of breaches and changes
10.17. Liquidity risks—murabahah