• 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 2015

    • CA-3.10.10

      The Wakalah exposures, are measured net of specific provisions as set out below.

      January 2015