To invest in Bahrain Bourse you can either open an account as an individual or for a institution by filling the Opening Account Form and choosing a Broker. Different opening account forms are to be filled for each case as seen in the table below:
Individual Investors
|
|---|
| Fees
| Requirement
|
|---|
First Time Investor
| BD 5
|
* The original and copy of a valid National Identification Card * The original and copy of valid Passport
|
| IPO | BD 1
|
|
Change of Broker
| BD 1
|
|
Further documentation requirements for individuals are as follow:
Individual Investors
|
|---|
| Requirement
|
|---|
| Representative | * A copy of power of attorney certified by a notary public. If you are a foreigner please certify your power of attorney from the Ministry of Foreign Affairs in your country. * A copy of the respresentative's valid Identification and Passport |
| Minor ( Less than 21yrs old) | * The original and copy of valid National Identification card * The original and copy of valid Passport * Certified copy of court order in case of the legal guardian not being the father of the minor account holder. * A copy of Passport and National Identification Card of the legal guardian |
| Joint account | * The original and copy of a valid National Identification Card for all parties *The original and copy of valid Passport for all parties * Fill "Signature Card" & "Investor Number Form" for each party * Signature of all parties * Letter from all parties of joint account directed to Bahrain Bourse authorizing any or all parties to manage the account |
Institutional Investors
|
|---|
| Fees
| Requirement
|
|---|
First Time Investor
| BD 5
| * Copy of Institution valid Registration Certificate (CR) * A copy of the institutiion's Memorandum & Articles of Association * List of directors names, shares held by each one of them and their full address * An original letter printed on the institution's official letter head stating the authorized person(s) on behlaf of the institution * The original and a copy of the authorized persons' valid passports and identification cards |
| IPO | BD 1
|
|
Change of Broker
| BD 1
|
|
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