Transcription of Value-based Intermediation Scorecard Consultative Document
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Value-based Intermediation Scorecard Consultative Document
Value-based Intermediation Scorecard Consultative Document Issued on: 3 October 2018 BNM/RH/DP 034-5. About the Discussion Paper The discussion paper provides an overview of Value-based Intermediation (VBI). Scorecard that covers purposes, key components of assessment and proposed measurement methodology. The Bank acknowledges that currently there is no single common measurement framework to assess performance of Islamic banking institutions (IBIs) in delivering the Shariah propositions. For the purpose of developing this Document , the Bank has referenced relevant academic research, local and international index and listing standards. This Document does not intend to describe the technical details of the VBI Scorecard but instead aims to briefly elaborate the key aspects, which require further inputs and feedback from other stakeholders. Objective of this public consultation is to obtain feedback on several aspects of VBI Scorecard (as elaborated in this Document ) from relevant stakeholders.
1 Comprising of 9 Islamic banking institutions (Bank Islam, Bank Muamalat ,Agrobank Maybank Islamic, CIMB Islamic, AmBank Islamic, Alliance Islamic, HSBC Amanah & Standard Chartered Saadiq) 2 Strategy Paper on Value-based Intermediation: Strengthening the roles & impact of Islamic finance (12 March 2018) 1 of 15 Overview: Overall Framework of Value-based Intermediation (VBI)
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