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GR-5.3.5

A regulated legal person will not be allowed to own or control more than 40% of the voting capital of a Bahraini Islamic bank licensee. However, the 40% limit does not apply to unlisted Bahraini Islamic bank licenseesG (where up to 100% of the issued and paid up share capital may be acquired) or to mergers which have been approved by the CBB.

Amended: July 2013
Amended: January 2011
January 2010
October 2007
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