CA-2.1.2

CET1 capital consists of the sum of:

(a) Issued and fully paid common shares that meet the criteria for classification as common shares for regulatory purposes (see CA-2.1.3);
(b) Disclosed reserves including:
(i) General reserves;
(ii) Legal / statutory reserves;
(iii) Share premium;
(iv) Fair value reserves arising from fair valuing financial instruments; and
(v) Retained earnings or losses (including net profit and loss for the reporting period, whether reviewed or audited);
(c) Common shares issued by consolidated banking subsidiaries of the Islamic bank licensee and held by third parties (i.e. minority interest) that meet the criteria for inclusion in CET1. See Section CA-2.3 for the relevant criteria; and
(d) Regulatory adjustments (including unrealised losses) applied in the calculation of CET1 (see Section CA-2.4).
Amended: April 2015
January 2015