Foreign Exchange

 

Overview

Bank Muamalat’s Treasury & Capital Markets department offers Shariah-compliant foreign exchange services at competitive rates for major currencies against the Ringgit or other foreign currencies, such as:

...

US Dollar

...

Japanase Yen

...

Singapore Dollar

...

Swiss Franc

...

Euro

...

Pound Sterling

...

Australian Dollar

We also offer Shariah-compliant foreign exchange services for exotic currencies such as:

...

UAE Dirham

...

Sri Lanka rupee

...

South African rand, etc

...

Bangladeshi Taka

...

Pakistani Rupee

Islamic Foreign Exchange

Services that are currently offered are as follows:

  • Counter Rates;
  • Value today – Delivery on the same day
  • Value tom – Delivery on the next working day
  • Value spot – Delivery in two business days
  • Forwards – Delivery between spot and one year (or more)
  • Advisory services on foreign exchange matters.

Forward Foreign Exchange

Features

  • Shariah approved;
  • Concept: Wa’d Mulzim
  • Value tom
  • Unilateral (client promise to enter into the transaction aware of their obligations);
  • Pricing to be negotiated with dealers;
  • Bank has the right to claim for Mark-to-Market (MTM) losses on extension or cancellation of forwards.

Advisory

Our experienced foreign exchange Corporate Sales team will gladly assist clients in managing their foreign exchange exposures and requirements.

Forex Rates

 

10 August 2020 | 9.15 am

Per Unit of Foreign Currency
Selling Buying Currency Notes
TT/OD TT OD Selling Buying
...

Australian Dollar

AUD
3.0660
2.9530
2.9370 3.1620
2.9160
...

Brunei Dollar

BND
3.1420
3.0020
2.9910
3.1230
2.9900
...

Canadian Dollar

CAD
3.1880
3.0800
3.0675
0.0000
0.0000
...

Swiss Franc

CHF
4.6870
4.5250
4.5070
4.7430
4.4830
...

Euro

EUR
5.0430
4.8330
4.8180
5.0920
4.8220
...

Sterling Pound

GBP
5.6140
5.3820
5.3690
6.0090
5.3710
...

New Zealand Dollar

NZD
2.8290
2.7030
2.6880
0.0000
0.0000
...

Singapore Dollar

SGD
3.1100
3.0020
2.9910
3.1230
2.9900
...

United States Dollar

USD
4.3010
4.1110
4.0940
4.2930
4.1110
 
 
 
 
 
 
 
Per 100 Unit of Foreign Currency
Selling Buying Currency Notes
TT/OD TT OD Selling Buying
...

UAE Dirham

AED
118.7802
110.1000
107.1000
0.0000
0.0000
...

Bangladesh Taka

BDT
5.2100
4.5700
4.2700
0.0000
0.0000
...

Danish Kroner

DKK
69.3600
63.7500
63.1500
0.0000
0.0000
...

Hong Kong Dollar

HKD
55.8700
51.9600
51.3600
55.9810
52.1780
...

Indian Rupee

INR
5.8600
4.8700
4.0700
0.0000
0.0000
...

Indonesian Rupiah

IDR
0.0305
0.0265
0.0215
0.0320
0.0260
...

Japanese Yen

JPY
4.0570
3.8860
3.8730
4.2880
3.8650
...

Sri Lanka Rupee

LKR
2.3800
2.1500
2.0300
0.0000
0.0000
...

Mauritius Rupee

MUR
12.9500
8.2700
0.0000
0.0000
0.0000
...

Norwegian Kroner

NOK
48.5800
43.6300
43.0300
0.0000
0.0000
...

Pakistan Rupee

PKR
2.6000
2.3900
1.9900
0.0000
0.0000
...

Philippine Peso

PHP
8.8200
8.3000
8.0000
0.0000
0.0000
...

Qatari Riyal

QAR
117.7800
108.9200
108.0200
0.0000
0.0000
...

Saudi Arabian Riyal

SAR
115.3600
106.2600
105.8600
118.7200
107.3830
...

Swedish Kroner

SEK
50.2000
45.6600
45.4600
0.0000
0.0000
...

Thai Baht

THB
14.7000
12.3900
12.1100
15.5050
12.5230
...

South Africa Rand

ZAR
24.7700
22.5700
22.3700
0.0000
0.0000
...

Nepal Rupee

NPR
3.7400
3.4100
3.3200
0.0000
0.0000
 
 
 
 
 
 
 
 

The rates quoted herein are indicative only, and subject to change without notice at our sole discretion.

For more information, please contact our Treasury and Capital Markets Department at14 03 2070 4404 / 4406 / 4410 / 4414

Locate Our Branches

Find a Bank Muamalat branch
nearby you

Locate Our Branch