What are the types of securities acceptable to the Central Bank and the SCA?
The types of securities acceptable to the Central Bank and the SCA include shares issued by joint stock companies, derivatives, investment units approved by the SCA, bonds, Sukuk and bills issued by the Federal Government, local governments, or public authorities or institutions in the State, as well as bonds, Sukuk, and any debt instruments issued by companies in accordance with regulations to be issued by the SCA. Additionally, any other local or foreign securities accepted by the Central Bank and the SCA are also considered acceptable.