‹ General Requirements for all Conventional Microfinance Institutions AU-1.3.2 › AU-1.3.1 Conventional licensees may not hold themselves out as an Islamic microfinance institution. Conventional licensees are allowed to enter into activities listed in Rule AU-1.2.1 under the conditions outlined in the remainder of this section. Amended: October 2014 January 2014 ‹ General Requirements for all Conventional Microfinance Institutions AU-1.3.2 ›