A tax-qualified benefit plan, shares the same characteristics of a defined-benefit plan, but also provides the beneficiary of the plan with added tax incentives.
Bahrain dinar. The dinar is the currency of Bahrain. It is divided into 1000 fils. The name dinar derives from the Roman denarius. The dinar was introduced in 1965, replacing the Gulf rupee at a rate of 10 rupees = 1 dinar.The Bahraini dinar is abbreviated BD).n 1965, The Bahrain Currency Board introduced notes in denominations of 100 fils, Â¼, Â½, 1, 5 and 10 dinar. In 1973, the Bahrain Monetary Agency took over production of paper money, issuing notes for Â½, 1, 5, 10 and 20 dinar.
Its industry relies on petroleum production and refining, as well as financial services and construction. With an exchange rate to the US dollar at around $2.65 for one Bahraini Dinar, itâs the third most valuable currency in the world. Itâs also expected to be relatively steady, as it was officially pegged to the dollar in 2001. 3.