Entire section Custom print Link Text Only Rich Text Print

CA-1.1.6

For the measurement of their operational risks, Islamic bank licensees have a choice, subject to notification to the CBB, between two broad methodologies:

(a) The basic indicator approach, by applying the measurement framework described in Chapter CA-6 of this Module; and
(b) The standardised approach (also in Chapter CA-6). This approach is subject to certain conditions (outlined in Chapter OM-8) and requires the explicit approval of the CBB.
Amended: January 2022
January 2015