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4. Definitions

No: 43083108 Date(g): 25/4/2022 | Date(h): 24/9/1443

Effective from Oct 01 2022 - Sep 30 2022
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The following terms and phrases, where used in these Rules, should have the corresponding meanings, unless the context implies otherwise: 
 
Rules
 
Banks Investment Rules.
 
Local Investment
 
Any investment in both trading and banking book that takes place in the Kingdom of Saudi Arabia regardless of the currency and the residency of the issuer.
 
International Investment
 
Any investment in both trading and banking book that takes place outside the Kingdom of Saudi Arabia regardless of the currency and the residency of the issuer.