Shariah-compliant Treasury and Central Bank paper Let me say a word about this. We have in mind to introduce Treasury and central bank paper which would be the equivalent of Treasury Bills/Notes/Bonds and Bank of Mauritius Bills, but without the interest rate element attached, to make them Shariah-compliant.
Such  BIS Review 552009  3  instruments will help banks offering Islamic financial services to manage their liquidity. I understand that we may be among the first central banks to introduce such instruments for banks to park their excess funds or manage their liquidity.