• Facilities Transferred to Qard Hassan

    • CM-8.1.19

      The CBB's approval must be obtained before any transfer of any exposures to Qard Hassan if the amount is more than BD 100,000 or its equivalent in foreign currency (see Paragraph BR-5.2.6).

      Amended: April 2014
      Amended: July 2011
      Amended: January 2011
      October 2007

    • CM-8.1.20

      The requirement stated in Paragraph CM-8.1.19 above applies to both on-balance sheet and restricted investment account related exposures.

      Amended: January 2011
      October 2007