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Islamic retail bank licenseesG must comply with each of the following requirements:

(a) they must provide AISPs/PISPs with the same information from designated customer accounts and associated payment transactions made available to the payment service user when directly requesting access to the account information, provided that this information does not include sensitive payment data;
(b) they must provide, immediately after receipt of the payment order, PISP with the same information on the initiation and execution of the payment transaction provided or made available to the payment service user when the transaction is initiated directly by the latter;
(c) they must, upon request, immediately provide AISPs and PISPs with a confirmation whether the amount necessary for the execution of a payment transaction is available on the payment account of the payer. This confirmation must consist of a simple 'yes' or 'no' answer.
Added: December 2018
(1 Version)
Dec 1 2018 onwards
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