The National Bank of the Kyrgyz Republic has adopted amendments to several of its normative legal acts on Islamic principles of financing, updating a range of prudential requirements and supervisory approaches. The changes, adopted by the Board on 2 April 2026, cover updates to credit risk management requirements and approaches, improvements to collateral monitoring mechanisms, and updated capital requirements, alongside other related matters. The electronic version of the Board resolution has been published on the National Bank’s website.
National Bank of the Kyrgyz Republic 2026-04-06
National Bank of the Kyrgyz Republic amends Islamic finance rules to update credit risk, collateral monitoring and capital requirements
The National Bank of the Kyrgyz Republic has adopted amendments to several normative legal acts on Islamic principles of financing, updating prudential requirements and supervisory approaches. The changes revise credit risk management requirements and approaches, enhance collateral monitoring mechanisms, and update capital requirements, among other related matters.