Investment & Depositories

Investment Guide 102 IAAMa. All monies not needed for the day to day business of the society shall be invested in any safe manner as shall be advised by the Sharia Council

b. All funds of the organisation, except for petty cash shall be deposited as the board may from time to time designate and shall be so deposited not later than the second banking day after their receipt

 

AUDIT ACCOUNT

The account of the organisation shall be inspected and the audited within three months after the end of each financial year

 

INVESTMENT OF THE ORGANISATION

  1. The assets of the organisation shall, in so far as they are not required to be expended by the Board, be invested wholly or partly within Ghana or outside Ghana and in such manner as the Board of Trustees may think fit.

  2. The Board of Trustees shall not exercise the powers of investment without the approval of the Conference.