IBANK 3.4.9 How to calculate total exposure measure— assets financed by unrestricted PSIAs
(1) When an Islamic banking business firm calculates its total exposure measure, it must include a proportion of assets (whether on or off the firm's balance-sheet) financed by unrestricted PSIAs.
(2) The proportion is to be calculated by multiplying the carrying value of the assets by the alpha parameter (100%) for capital adequacy purposes.
(3) Assets financed by restricted PSIAs are not to be included.
|Inserted by QFCRA RM/2019-7 (as from 1st January 2020).|