‹ GR-4.1 BMA Approval GR-4.1.2 › GR-4.1.1 Islamic bank licensees must seek prior written approval from the BMA before transferring assets or liabilities of a material nature to a third party, except where such transfers are effected within the normal scope of the bank's operations. ‹ GR-4.1 BMA Approval GR-4.1.2 ›