• Executive Summary

    • CM-A.1.1

      The purpose of this Module is to provide the Central Bank of Bahrain’s (CBB’s) Directive concerning requirements relevant to the key elements of a sound credit risk management system which it expects Islamic bank licensees to observe.

      Added: June 2022

    • CM-A.1.2

      This Module must be read in conjunction with other parts of the Rulebook, mainly:

      (a) High-level Controls;
      (b) Capital Adequacy;
      (c) Liquidity Risk;
      (d) Operational Risk;
      (f) Reputational Risk;
      (g) Credit Risk;
      (h) Stress Testing; and
      (i) Internal Capital Adequacy Assessment Process (‘ICAAP’).
      Added: June 2022