For the purpose of Paragraph BC-9.5.11, the minimum information that should be contained in promotional material for specific products includes:

(a) The name of the Islamic bank licensee communicating the promotional material;
(b) The licensing status of the Islamic bank licensee;
(c) The Islamic bank licensee's address;
(d) A description of the main characteristics of the financial product involved or service offered;
(e) Suitable warning regarding the risks of the financial product involved and/or service offered; and
(f) A clear statement indicating that, if a customer (as defined in Section BC-9.4) is in any doubt about the suitability of the agreement which is the subject of the promotion, he should consult his own financial adviser, or else the Islamic bank licensee.
Amended: July 2015
Added: April 08