CBB Volume 2: Contents

Central Bank of Bahrain Volume 2—Islamic Banks

Part A

Part B

Quarterly Updates

Ad-hoc Communications

Archived Part A

Introduction

High Level Standards

LR Licensing Requirements

LR-A Introduction

LR-B Scope of Application

LR-1 Requirement to Hold a License

LR-1.1 Islamic Bank Licensees

LR-1.2 License Sub-Categories

LR-1.3 Definition of Regulated Islamic Banking Services

LR-1.3.1

LR-1.3.2

LR-1.3.3

LR-1.3.4

LR-1.3.5

LR-1.3.6

General exclusions

Accepting Shari'a money placements/deposits

Managing Shari'a profit sharing investment accounts

Offering Shari'a Financing Contracts

Dealing in Shari'a compliant financial instruments as principal

Dealing in Shari'a compliant financial instruments as agent

Managing Shari'a Compliant Financial Instruments

Safeguarding Shari'a Compliant Financial Instruments (i.e. Custodian)

Operating a collective investment undertaking

Arranging deals in Shari'a compliant financial instruments

Advising on deals in Shari'a compliant financial instruments

Providing money exchange / remittance services

Issuing / administering means of payment

LR-2 Licensing Conditions

LR-3 Information Requirements and Processes

PB Principles of Business

HC High Level Controls

HC High-level Controls[versions up to October 2010]

AU Auditors and Accounting Standards

GR General Requirements

Business Standards

Prudential Requirements

Reporting Requirements

Enforcement & Redress

Archived Part B