PD-1.3.30
The following quantitative disclosures should be made for operational risk:
a) The calculation of the capital charge or RWA equivalent for
operational risk.
b) Indicators of operational risk exposures, such as:
• Gross income;
• Amount of non-Shari'a-compliant income; and
• Number of Shari'a violations that were identified and
reported during the financial year.
c) Any material legal contingencies including pending legal
actions. This should a discussion and estimate of the potential
liabilities, in addition to qualitative statements about how the
bank manages and controls such risks.
April 2008