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
January 2015