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CA-6.2.2

An Islamic bank licensee will not be allowed to choose to revert to basic indicator approach once it has been approved for standardised approach without CBB's approval. However, if the CBB determines that an Islamic bank licensee using the standardised approach no longer meets the qualifying criteria for the standardised approach, it may require the Islamic bank licensee to revert to the basic indicator approach for some or all of its operations, until it meets the conditions specified by the CBB for returning to the standardised approach.

January 2015