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  • Remuneration in the Form of Shares or Share-Linked Instruments

    • HC-5.4.36

      Awards in shares or share-linked instruments must be subject to a minimum share retention policy of 6 months from the time the shares are awarded, unless the bank's policy requires a longer period.

      Amended: July 2014
      Added: January 2014

    • HC-5.4.37

      For Bahraini Islamic bank licensees, where fixed or variable remuneration include common shares, banks must limit the shares awarded to an annual aggregate limit of 10% of the total issued shares outstanding of the bank, at all times.

      Amended: July 2014
      Added: January 2014

    • HC-5.4.38

      For Bahraini Islamic bank licensees, all share incentive plans must be approved by the shareholders.

      Amended: July 2014
      Added: January 2014