CA-8 Sukuk and Securitisation
- CA-8.1 Introduction
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CA-8.2 Features of Securitisation in Sukuk
- Parties in a Securitisation Structure
- Collateral Security Structure
- Characteristics of True Sale and Repurchase of Assets
- Credit Enhancement
- Over-Collateralisation
- Excess Spread
- Cash Collateral
- Classification of Credit Enhancement
- Assets in Securitisations
- Recognition of Risk Transference (Asset De-recognition Criteria)
- Operational Requirements for Credit Analysis
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CA-8.3 Capital Requirements for Holdings of Sukuk
- CA-8.3.1
- CA-8.3.2
- CA-8.3.3
- CA-8.3.4
- Salam Sukuk
- Istisna Sukuk
- Ijara and IMB Sukuk
- Musharakah Sukuk
- Mudarabah Sukuk
- Wakalah Sukuk
- Murabahah Sukuk
- Exclusions
- Treatment of Holdings of Sukuk Where Credit Enhancement Is Provided by an Issuer or Originator
- Treatment of Credit Enhancement Provided by a Structure
- Treatment of Credit Risk Mitigation Received for Holdings of Securitisation Exposures
- Collateral
- Guarantees
- Maturity Mismatches
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CA-8.4 Capital Requirements Where the Bank is the Originator, Issuer or Credit Enhancement Provider
- Retained Securitisation Exposures
- Treatment of Off-Balance Sheet Exposures Where the Bank is the Credit Enhancer
- Treatment of Off-Balance Sheet Exposures — Liquidity Facilities and Credit Risk Mitigants Provided to Securitisations
- Treatment of Eligible Servicer Cash Advance Facility Provided to Securitisations