Conventional bank licensees may not hold themselves out as an
Islamic bank. Conventional bank licensees are allowed to enter into
activities (c) to (e) listed in Rule LR-1.3.1 under the conditions
outlined in the remainder of this section, subject to the thresholds and
conditions outlined in Section LR-1.2 (concerning facilities offered to
Bahrain residents and facilities in Bahrain Dinar in particular).
October 2007