Central Bank of KuwaitKWfinanceAug 21, 2026, 3:15 PMImpact 50.7

CBK Issues Instructions on Shariah Supervisory Governance for Kuwaiti Islamic Banks

20.12.16 Press Release CBK Issues Instructions on Shariah Supervisory Governance for Kuwaiti Islamic Banks His Excellency, the Governor of the Central Bank of Kuwait (CBK), Dr. Mohammad Y. Al Hashel announced that the CBK Board of Directors has resolved, in its session held on December 20th, 2016, to issue instructions on “Shariah Supervisory Governance for Kuwaiti Islamic Banks.” The issuance of these instructions are in line with the continuing efforts exerted by the CBK to promote Islamic banking activities in the State of Kuwait and accordingly to develop Shariah supervisory regulations for Islamic banks as per applicable best practices. The aforesaid instructions replace the CBK’s instr