CA-5.4.1
In the case of Sukuk in the trading book, the specific risk charge must be provided on the RW of the issue and the term to maturity of the Sukuk, as follows:
| Categories | External credit assessment | Specific risk capital charge |
| Government (including GCC governments)* | AAA to AA- | 0% |
| A+ to BBB- |
0.25% (residual term to final maturity 6 months or less) 1.00% (residual term to final maturity greater than 6 and up to and including 24 months) 1.60% (residual term to final maturity exceeding 24 months) |
|
| BB+ to B- | 8.00% | |
| Below B- | 12.00% | |
| Unrated | 8.00% | |
| Qualifying |
0.25% (residual term to final maturity 6 months or less) 1.00% (residual term to final maturity greater than 6 and up to and including 24 months) 1.60% (residual term to final maturity exceeding 24 months) |
|
| Other | Similar to credit risk charges under the standardised approach, e.g.: | |
| BB+ to BB- | 8.00% | |
| Below BB- | 12.00% | |
| Unrated | 8.00% | |
* CBB has the discretion to apply a different specific risk weight to sukuk issued by certain foreign government.
Apr 08