HC-4.1.1
Bahraini Islamic bank licensees must comply with the following with respect to any shareholders’ meeting:
(a) Provide the draft agenda to the CBB, for its review and comment, at least 5 working days prior to communicating with the shareholders or publishing in the press;
(b) Ensure that CBB’s prior approval has been obtained for any agenda items which require CBB’s approval under relevant regulations, prior to the meeting taking place;
(c) Invite a representative of the CBB to attend the meetings at least 5 working days prior to the meeting taking place; and
(d) Submit to the CBB a copy of the minutes of the meeting within 15 calendar days of the meeting.
Added: April 2023
