Islamic Banking Committee
Islamic banking is growing world-wide and South African banks have started to offer Islamic-compliant products. The sector is still small, however, there is growing interest. As such The Banking Association is responding to the requests of some of its member banks to deal with issues that impact the offering of Islamic-compliant products. This Committee seeks to promote discussions on Islamic banking and assist The Banking Association in advocating for the interests of its members in ensuring that a regulatory and supervisory framework that is in place takes cognisance of the issues of Islamic banking in South Africa.