(a) Positions taken deliberately in order to hedge, partially or totally, against the adverse effects of exchange rate movements on the Islamic bank licensee's CAR;

(b) Positions related to items that are deducted from the Islamic bank licensee's regulatory capital when calculating its Total Capital in accordance with the rules and guidelines in this Module, such as investments in non-consolidated subsidiaries or long-term participations denominated in foreign currencies which are reported at historical cost; and

(c) Retained profits held for payout to parent, where the profits are held in the currency concerned.