CA-9.1.5

From a capital adequacy perspective, where an Islamic bank licensee has a subsidiary through which it carries out real estate investment, its investments in the capital of such a subsidiary must be treated in the same way as an investment in a non-banking commercial entity — that is, by application of a 800% RW for the investment if this amount is greater than 15% of its Total Capital. This RW will be applicable on the portion of the investment that exceeds the 15% threshold. The investment in real estate entities below the 15% level will be risk-weighted not lower than in Paragraph CA-9.1.4.