Bank Muamalat Malaysia Berhad » Foreign Exchange
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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:

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US Dollar

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Japanase Yen

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Singapore Dollar

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Swiss Franc

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Euro

...

Pound Sterling

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Australian Dollar

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

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UAE Dirham

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Sri Lanka rupee

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South African rand, etc

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Bangladeshi Taka

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Pakistani Rupee

   You may enjoy potentially better FX Rates for minimum amount of RM 20,000.00

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: Bai’ Al Sarf and 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

Latest Update: 04 December 2023 | 9.15 am

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

Australian Dollar

AUD
3.1980
3.0420 3.0260
...

Brunei Dollar

BND
3.5920
3.4310 3.4200
...

Canadian Dollar

CAD
3.5130
3.850 3.3680
...

Swiss Franc

CHF
5.4840 5.2430 5.2250
...

Euro

EUR
5.2340
4.9400
4.9180
...

Sterling Pound

GBP
6.0690 5.8140 5.8050
...

New Zealand Dollar

NZD
3.0410 2.8200 2.8050
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Singapore Dollar

SGD
3.5920 3.4450 3.4440
...

United States Dollar

USD
4.7350 4.5860 4.5690
 
 
 
 
 
Per 100 Unit of Foreign Currency
Selling Buying
TT/OD TT OD
...

UAE Dirham

AED
130.4542 122.9900 120.7900
...

Bangladesh Taka

BDT
4.6300 3.9500 3.6500
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Danish Kroner

DKK
71.2800 5.4300 64.6500
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Hong Kong Dollar

HKD
61.4200 57.1300 56.5300
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Indian Rupee

INR
5.8900 5.3000 5.3000
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Indonesian Rupiah

IDR
0.0326 0.0271 0.0221
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Japanese Yen

JPY
3.2530 3.1320 3.1190
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Sri Lanka Rupee

LKR
1.6200 1.3500 1.2300
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Mauritius Rupee

MUR
12.8900 8.2200 0.0000
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Norwegian Kroner

NOK
45.6700 40.9000 40.3000
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Pakistan Rupee

PKR
1.8700 1.6100 1.0100
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Philippine Peso

PHP
8.8300 7.9900 7.5500
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Qatari Riyal

QAR
131.6600 121.0300 120.1300
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Saudi Arabian Riyal

SAR
127.7300 120.0900 117.0900
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Swedish Kroner

SEK
46.7500 41.5900 41.3900
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Thai Baht

THB
14.7900 11.6700 11.4300
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South Africa Rand

ZAR
26.4400 23.7200 23.5200
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Nepal Rupee

NPR
3.7900 3.4000 3.3100
...

Chinese Renminbi

CNY
68.0100 62.5500 0.0000
         

Disclaimer: Rates displayed are indicative for the day and subject to change without prior notice. For the latest Currency notes and Remittance rates, please refer to your nearest Bank Muamalat branch.

For more information, please contact +603 2600 5500

 
Download

Terms & Conditions Of Foreign Currency Account-i

Download here

PDS Foreign Currency Account-i

Download here

 
 
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