Investment Account Holder definition

Investment Account Holder or “IAH” means the account holder of an Investment Account.
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Investment Account Holder. IAH”)” means the DIA-i Global Sukuk’s account holder as the capital provider of the DIA-i Global Sukuk maintained at the Bank whereby the Bank, as the appointed wakil (agent) is responsible to manage the Investment provided by the IAH and reference to the “IAHs” shall be construed accordingly; “Investment” means the investments by the respective IAHs in the the DIA-i Global Sukuk via the Wakalah contract; “Investment Portfolio” means the portfolio of assets being cash, fixed income securities or such other investment assets from time to time invested by the Bank as the agent, which are in accordance with Shariah and the Investment Account Guideline issued by Bank Negara Malaysia; “Launch Date” means [22 April 2024]; “Dynamic Investment Account-i (DIA-i) Global Sukuk or DIA-i Global Sukuk” means an unrestricted investment account known as DIA- i based on the contract of Wakalah, where the customer provides the Bank with the general mandate to make the investment decisions without specifying any particular restrictions and/or conditions; “Maybank Group” means, collectively, the Bank, its affiliates, and any related companies of the Bank (by virtue of Section 7 of the Companies Act 2016) as well as associated companies of the Bank or of its parent company; “Mandate” means the written authorisation or resolution given by the IAH to another person to operate and manage the DIA-i as further described under clause 8.21; “Net Asset Value” or “NAV” means the value of all DIA-i Global Sukuk’s assets less the value of all DIA-i Global Sukuk’s liabilities, at the point of valuation; “Ringgit Malaysia or RM” means the lawful currency of Malaysia; “Securities Commission” means the commission established by the Securities Commission Act 1993; “Security Details” means details which includes but is not limited to a passbook/ATM card/ electronic banking password and PIN and other confidential information, security codes and or security devices used in relation to the account holder’s DIA-i Global Sukuk; “Termsand Conditions” means the terms and conditions herein, as may be amended from time to time by the Bank in accordance with the terms hereof;
Sample 1
Investment Account Holder or “IAH” means the account holder of an IA.
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Examples of Investment Account Holder in a sentence

  • In the field of statistical physics [5], opinion dynamics are commonly studied by applying mathe- matical models and analytic approaches.

  • Notwithstanding, the PER of the Investment Account Holder (IAH) may subsequently be eligible to be distributed as part of future returns to the Customer or other IAHs in the pool.

  • The Investment Account Holder (“IAH”) authorizes the Bank to invest the account holder’s funds on the basis of Mudaraba contract in a manner which the Bank deems appropriate without laying down any restrictions as to where, how and for what purpose the funds should be invested.

  • The PER of the Investment Account Holder ("IAH") continues to be classified as a liability and is recognised at cost, with subsequent apportionments being recognised in the income statement.

  • MTIA-i is a type of an unrestricted investment account opened and maintained by the Investment Account Holder (“IAH”) with the Bank.

  • RIA refers to a type of investment account where the Investment Account Holder (‘IAH’) provides a specific investment mandate to the IFI such as purpose, asset class, economic sector and period for investment while URIA refers to a type of investment account where the IAH provides the IFI with the mandate to make the ultimate investment decision without specifying any particular restrictions or conditions.

  • There are two options of which Investor can choose for TIA-i promotion;  With Auto Renewal:o Principal only (P) - Profit will be credited into Investment Account Holder (Investor)’s CASA-i (HLISB) or Hong Leong Bank Berhad (“HLBB”) CASA; oro Principal with profit. Without Auto Renewal – investment will mature on the specified maturity date.

  • Should the cheques or monetary instruments provided be dishonoured by the paying bank, an Image Return Document (“IRD”) or Image Return Advice (“IRA”) will be returned to the Investment Account Holder instead of the physical cheque.

  • Furthermore, the denominator of a securities fund is a third party fund or Profit Sharing Investment Account Holder.

  • Unless expressly stated to the contrary herein, all other Terms and Conditions governing the operations of an account with the Bank shall remain and be binding with full force and effect on the account and/or the Investment Account Holder.

Related to Investment Account Holder

  • Investment Account As defined in Section 3.12(a).

  • Investment Accounts means the Collateral Account, Securities Accounts, Commodities Accounts and Deposit Accounts.

  • Account Holder The term “Account Holder” means the person listed or identified as the holder of a Financial Account. A person, other than a Financial Institution, holding a Financial Account for the benefit of another person as an agent, a custodian, a nominee, a signatory, an investment advisor, an intermediary, or as a legal guardian, is not treated as the Account Holder. In these circumstances that other person is the Account Holder. For example in the case of a parent/child relationship where the parent is acting as a legal guardian, the child is regarded as the Account Holder. With respect to a jointly held account, each joint holder is treated as an Account Holder.

  • Trading Account means the unique personified register of all completed transactions, open positions, orders and nontrading operations on the trading platform.

  • Eligible Deposit Account means either (a) a segregated account with an Eligible Institution or (b) a segregated trust account with the corporate trust department of a depository institution organized under the laws of the United States of America or any one of the states thereof or the District of Columbia (or any domestic branch of a foreign bank), having corporate trust powers and acting as trustee for funds deposited in such account, so long as any of the securities of such depository institution shall have a credit rating from each Rating Agency in one of its generic rating categories that signifies investment grade.

  • Designated Deposit Account is Borrower’s deposit account, account number , maintained with Bank.

  • Deposit Account is any “deposit account” as defined in the Code with such additions to such term as may hereafter be made.

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).

  • Settlement Account means an account established at a financial institution designated by Merchant as the account to be credited and debited by the Servicers for Transactions, Card Fees, Chargebacks and other amount assessed by a Card Association and passed- through to Merchant pursuant to the terms of this Agreement.

  • L/C Cash Deposit Account means an interest bearing cash deposit account to be established and maintained by the Agent, over which the Agent shall have sole dominion and control, upon terms as may be satisfactory to the Agent.

  • Controlled Deposit Account means a Deposit Account (i) that is subject to a Deposit Account Control Agreement or (ii) as to which the Collateral Agent is the Depositary Bank’s “customer” (as defined in UCC Section 4-104).

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Securities Account is any “securities account” as defined in the Code with such additions to such term as may hereafter be made.

  • Controlled Securities Account means each securities account (including all financial assets held therein and all certificates and instruments, if any, representing or evidencing such financial assets) that is the subject of an effective Control Agreement.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).