Malaysia Deposit Insurance Corporation Act 2011 s 30
s 30 Permitted investments
(1) The Corporation may invest in the following:
(a) ringgit denominated securities issued or guaranteed by the Government or Bank Negara Malaysia or of high investment grade as rated by a reputable rating agency;
(b) deposits with Bank Negara Malaysia or any financial institution; or
(c) any other investment as approved by the Minister, upon the recommendation of the Board.
(2) The Corporation may, solely for the purpose of hedging any exposure arising from paragraph (1)(a), (b) or (c), enter into financial transactions, whether exchange traded or over the counter including swaps, futures, options and forward contracts.
(3) Any investment made by the Corporation under subsection (1) from the Islamic deposit insurance fund, the family takaful protection fund or the general takaful protection fund shall be in accordance with Shariah.
Malay text (authoritative)
Pelaburan dibenarkan
(1) Perbadanan boleh melabur dalam yang berikut:
(a) sekuriti denominasi ringgit yang dikeluarkan atau dijamin oleh Kerajaan atau Bank Negara Malaysia atau daripada gred pelaburan tinggi sebagaimana yang dinilaikan oleh suatu agensi penilaian yang bereputasi baik;
(b) deposit dengan Bank Negara Malaysia atau mana-mana institusi kewangan; atau
(c) apa-apa pelaburan lain yang diluluskan oleh Menteri, atas syor Lembaga.
(2) Perbadanan boleh, semata-mata bagi maksud melindungi apa-apa pendedahan yang berbangkit daripada perenggan (1)(a), (b) atau (c), membuat transaksi kewangan, sama ada diniagakan di bursa atau di kaunter termasuk kontrak swap, niaga hadapan, opsyen dan hadapan.
(3) Apa-apa pelaburan yang dibuat oleh Perbadanan di bawah subseksyen (1) daripada kumpulan wang insurans deposit Islam, kumpulan wang perlindungan takaful keluarga atau kumpulan wang perlindungan takaful am hendaklah mengikut Shariah.
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Find Act 720 on lom.agc.gov.my ↗
Text as at 21 July 2023 (LOM reprint); amendments made after that date may not be incorporated.
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).
