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  • General Exclusions

    • AU-1.2.6

      A person does not carry on an activity constituting a regulated microfinance service if the activity:

      (a) Is carried on in the course of a business which does not ordinarily constitute the carrying on of microfinance services;
      (b) May reasonably be regarded as a necessary part of any other services provided in the course of that business;
      (c) Is not remunerated separately from the other services; and
      (d) Is carried out by a government entity in Bahrain authorised to provide such activity by Royal Decree or relevant legislation or a non-government organisation (NGO) registered with the Ministry of Social Development for that purpose.
      January 2014