5 Investments

Investments

               
   At fair value through other comprehensive income   At fair value through profit or loss   At amortised cost   Total
  AED’000   AED’000   AED’000   AED’000
31 December 2018              
Equity instruments:              
– Quoted 454,925   161,384     616,309
– Unquoted 99,317       99,317
               
Debt instruments:              
–  Unquoted investments     1,837   1,837
               
Investment in managed funds 6,336       6,336
 
560,578
 
161,384
 
1,837
 
723,799
               
Within UAE 360,354   161,384     521,738
Outside UAE 200,224     1,837   202,061
 
560,578
 
161,384
 
1,837
 
723,799
31 December 2017              
Equity instruments:              
– Quoted 616,102   174,858     790,960
– Unquoted 92,917       92,917
               
Debt instruments:              
– Quoted – fixed rate   1,500     1,500
– Unquoted investments     81,654   81,654
 

Investment in managed funds

7,322       7,322
 
716,341
 
176,358
 
81,654
 
974,353
               
Within UAE 450,133   176,358     626,491
Outside UAE 266,208     81,654   347,862
 
716,341
 
176,358
 
81,654
 
974,353


The Group holds investments in Tier 1 perpetual instruments which are classified under quoted equity instruments and unquoted equity instruments amounting to AED 220,853 thousand (2017: AED 336,390 thousand) and AED 20,000 thousand (2017: AED 39,882 thousand), respectively. These instruments carry an average coupon interest/profit rate between 5.5% p.a – 8.25% p.a.

During the year, the Group has redeemed investments on maturity carried at amortised cost of AED 81,654 thousand (2017:  AED 88,249 thousand).