Without prejudice to Paragraph 3 of Article 11 of the Law, the Finance Company shall not own securities such as stocks, bonds, SUKUK and derivatives except in the following cases:
| | 1. | As part of a Finance transaction where the purpose of the transaction is to grant Finance to the Borrower; |
| | 2. | To invest cash in hand, through local commercial banks deposits or through debt instruments that are approved by SAMA; |
| | 3. | To hedge an existing Term Cost risk Exposure; and |
| | 4. | To hedge an existing currency risk Exposure. |
