Capital Requirements
CA-3.10.9
For the purpose of determining the minimum capital requirements, this section makes distinctions between the following main categories of Wakalah:
(a) Wakalah investments to undertake trading activities in foreign exchange, shares and/or commodities, including Commodity Murabaha Transactions (CMTs);(b) Wakalah investments with a private commercial enterprise to undertake business activities (other than (a) above); and(c) Wakalah placement in the interbank market.January 2015CA-3.10.10
The Wakalah exposures, are measured net of specific provisions as set out below.
January 2015