Section 30

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;

deposits with Bank Negara Malaysia or any financial institution; or

any other investment as approved by the Minister, upon the recommendation of the Board.

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.

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.

Financial year