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CBB Rulebook: Contents

  • Common Volume
  • Central Bank of Bahrain Volume 1—Conventional Banks
  • Central Bank of Bahrain Volume 2—Islamic Banks
    • Part A
      • Introduction
      • High Level Standards
        • LR Licensing Requirements
        • PB Principles of Business
        • HC High-Level Controls
        • AU Auditors and Accounting Standards
        • GR General Requirements
        • SG Shari'a Governance
          • SG-A Introduction
          • SG-B Scope of Application
          • SG-1 Shari'a Governance Structure
          • SG-2 Shari'a Supervisory Board (SSB)
          • SG-3 Shari'a Coordination and Implementation
          • SG-4 Internal Shari'a Audit
          • SG-5 Independent External Shari'a Compliance Audit
            • SG-5.1 Principle
              • SG-5.1.1
              • SG-5.1.2
              • SG-5.1.3
            • SG-5.2 Roles and Responsibilities of Independent External Shari'a Compliance Audit
            • SG-5.3 Management Duties to the Independent External Shari'a Compliance Audit
          • SG-6 Disclosure Requirements
      • Business Standards
      • Reporting Requirements
      • Enforcement & Redress
    • Part B
    • Quarterly Updates
    • Ad-hoc Communications
    • Archived Part A
    • Archived Part B
  • Central Bank of Bahrain Volume 3—Insurance
  • Central Bank of Bahrain Volume 4—Investment Business
  • Central Bank of Bahrain Volume 5—Specialised Licensees
  • Central Bank of Bahrain Volume 6—Capital Markets
  • Central Bank of Bahrain Volume 7—Collective Investment Undertakings
  • Bahrain Bourse (BHB) Material
  • Central Bank of Bahrain and Financial Institutions Law 2006
  • Bahrain Anti Money Laundering Law 2001
  • Regulation Governing Collective Investment Schemes June 2003
  • Bahrain Stock Exchange Law 1987
  • Bahrain Financial Trust Law 2006
  • Bahrain Insurance Law 1987
  • Bahrain Monetary Agency Law 1973
  • Commercial Companies Law 2001
  • CBB Disclosure Standards
  • CBB Debt Securities Guidelines
  • Ministerial Order — Money Laundering
  • CBB Resolution on Dissemination of Listed Companies' Financial Statements and Board of Directors' Meetings
  • CBB Regulations and Resolutions
  • The Corporate Governance Code of the Kingdom of Bahrain
  • Archive
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  1. Central Bank of Bahrain Volume 2—Islamic Banks
  2. Part A
  3. High Level Standards
  4. SG Shari'a Governance
  5. SG-5 Independent External Shari'a Compliance Audit
  6. SG-5.1 Principle
  7. SG-5.1.1
  Versions

 
  • Aug 01 2017 - Sep 30 2022
  • Oct 01 2022
‹ SG-5.1 Principle SG-5.1.2 ›

SG-5.1.1

Bahraini Islamic bank licensees must appoint, within 4 months of their financial year-end, an independent external Shari'a compliance auditor (IESCA) approved by the CBB.

Amended: October 2022
August 2017
‹ SG-5.1 Principle SG-5.1.2 ›

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