• Exclusions

    • CA-3.4.16

      The capital requirement is to be calculated on the receivable amount, net of:

      (a) Specific provisions;
      (b) Any amount that is secured by eligible collateral (as defined in Section CA-4.7); and
      (c) Any amount which is past due 90 days or more (see CA-4.2).
      Amended: July 2017
      January 2015

    • CA-3.4.17

      Any portion of an Istisna'a contract that is covered by an advanced payment must carry a RW of 0%, or the amount of the advanced payment must be offset against the total amount receivable or amounts owing from progress billings.

      January 2015