IBANK 10.5.1 Capital relief from CRM techniques obtained by firm

(1) An Islamic banking business firm that has obtained a CRM technique (such as eligible collateral, an eligible credit derivative, a guarantee from an eligible guarantor or an eligible netting agreement) applicable to a securitisation exposure may reduce its capital requirement for the exposure.
(2) Collateral pledged by an SPE as part of the securitisation may be used as a CRM technique if it is eligible collateral.

Note For eligible collateral see rules 4.6.8 and 4.6.9.
Inserted by QFCRA RM/2017-1 (as from 1st April 2017).