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  • Prudential Information Returns for Islamic Banks (PIRI)

    • BR-3.1.2

      All banks, referred to under paragraph BR-3.1.1, must complete PIRI forms (see Appendix BR 4), on a quarterly basis. This form is intended to be a financial report of the bank as a separate legal entity. Banks should therefore include on it all assets and liabilities of their head office and their branches in Bahrain and abroad. Separate figures in respect of the head office or "Bahrain operations" are not required.

    • BR-3.1.3

      The forms referred to under paragraph BR-3.1.2 must be submitted electronically online to the Agency on a quarterly basis within 20 calendar days of the end of the reporting date. Effective from 2nd quarter 2006, banks are not required to submit hard copies of the returns.

    • BR-3.1.4

      These forms are divided into five sections. Each reporting section is supplemented with guidelines for completion under Appendix BR 3. Further requirements and guidance relating to the contents of these forms are also set out under various Modules of the Rulebook. Reporting sections and their corresponding requirements and guidance (where applicable) are set out as below:

      (a) Section A — Capital Adequacy: see Module CA;
      (b) Section B — Asset Quality: see sections CM-2, CM-4 and CM-5;
      (c) Section C — Management of Investment Accounts: see section HC-5.4;
      (d) Section D — Earnings Quality; and
      (e) Section E — Liquidity: see section LM-1.

    • BR-3.1.5

      The references made in paragraphs BR-3.1.4(a) to (e) should be read in conjunction with the guidelines set under Appendix BR 3 and referred to while completing the PIRI forms set under Appendix BR 4.