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Deposit Protection Act · s 22
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Deposit Protection Act · s 22
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
The Corporation may invest in —
any stocks, funds, shares or securities in companies incorporated or operating in Brunei Darussalam; and
any investment in any entity or instrument of issuers based in any other country or territory alternating or originating in any other currency, including —
any obligation of a corporation, commercial bank or a bank-holding company, asset-backed security and mortgage-backed security issued or unconditionally guaranteed by a corporate entity or trust; any repurchase and reverse repurchase agreement with a major commercial bank or a primary dealer;
futures, forwards, options contracts or swaps on any investment which are traded on an exchange;
any security listed and traded on an exchange;
any exchange-traded funds, instruments that provide exposure to market indices for any investment, a private equity fund and a hedge fund;
any Islamic financial instrument;
any bullion, commodity and currency;
any other specific investment not included in this subsection as may be approved by the Corporation.
Any investment from the fund shall be in accordance with
Hukum Syara’.