Non-Direct Investments – Deposits and Money Markets
Specific Investment Guidelines
The Specific Investment Guidelines for this class of investment, supplementary to the General Investment Guidelines given above, are as follows:
1. No more than 20% of Shareholders’ Funds may at any time be invested in term deposits with non-Bahrain based financial institutions.
2. Investments may only be made in term deposits with those financial institutions approved by the Board of Directors from time to time, as detailed in the Approved Deposit Taking Institutions list which is to be maintained on an ongoing basis by Management.
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