The following sets out the minimum capital requirements to cover the credit risk and market risk arising from the holding of a Sukuk in the "banking book" by an Islamic bank licensee. The CBB will use its discretion to specify measurement approaches as it thinks appropriate for other types of Sukuk which are not listed in this sub-section, provided they are approved by an Islamic bank licensee's Shari'a board. For unrated Sukuk that use a combination of more than one of the Shari'a-compliant contracts outlined below, the capital requirement will be calculated taking into account the risk implications of the overall structure.