• GR-2 GR-2 Corporate and Trade Names

    • GR-2.1 GR-2.1 Vetting of Names

      • GR-2.1.1

        Islamic bank licensees must seek prior written approval from the BMA for their corporate name and any trade names, and those of their subsidiaries located in Bahrain.

      • GR-2.1.2

        GR-2.1.1 applies to overseas Islamic bank licensees only with respect to their Bahrain branch.

      • GR-2.1.3

        Rules GR-2.1.1 and GR-2.1.2 implement the requirements contained in Article 62 of the BMA Law 1973.

      • GR-2.1.4

        In approving a corporate or trade name, the BMA seeks to ensure that it is sufficiently distinct as to reduce possible confusion with other unconnected businesses, particularly those operating in the financial services sector. The BMA also seeks to ensure that names used by unregulated subsidiaries do not suggest those subsidiaries are in fact regulated.