CM-8.1 CM-8.1 Overview
CM-8.1.1
The Agency recognises the unique risk characteristics of Islamic contracts, which may have implication on the asset quality of a bank.
CM-8.1.2
In order to monitor and identify any asset deterioration due to the Islamic contracts, the Agency requires additional disclosures (see Module BR) on the Islamic contracts undertaken by the bank during the period.
CM-8.1.3
Definitions, disclosure requirements and method(s) of accounting treatments for some of the Islamic contracts are outlined in the following sections of this chapter.
