Bank Muamalat Malaysia Berhad » Foreign Exchange

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: 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

27 January 2023 | 9.15 am

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

Australian Dollar

AUD
3.0920
2.9580 2.9420 3.1770
2.9270
...

Brunei Dollar

BND
3.3270
3.1800 3.1690
3.3370
3.1610
...

Canadian Dollar

CAD
3.2440
3.1280 3.1110
0.0000
0.0000
...

Swiss Franc

CHF
4.7180 4.5130 4.4950
4.7560
4.4900
...

Euro

EUR
4.7170
4.5300
4.5080
4.7590
4.5020
...

Sterling Pound

GBP
5.3590 5.1830 5.1740
5.7760
5.1560
...

New Zealand Dollar

NZD
2.8290 2.6980 2.6830
0.0000
0.0000
...

Singapore Dollar

SGD
3.3270
3.1930
3.1920
3.3370
3.1610
...

United States Dollar

USD
4.3330 4.1620 4.1450 4.3420
4.1530
 
 
 
 
 
 
 
Per 100 Unit of Foreign Currency
Selling Buying Currency Notes
TT/OD TT OD Selling Buying
...

UAE Dirham

AED
118.9593
112.1500 109.9500
0.0000
0.0000
...

Bangladesh Taka

BDT
4.3900 3.7600

3.4600

0.0000
0.0000
...

Danish Kroner

DKK

65.2300

59.9200

59.3200
0.0000
0.0000
...

Hong Kong Dollar

HKD
55.6700
52.0200
51.4200
56.0520
52.1830
...

Indian Rupee

INR
5.4800
4.9300
4.9300
0.0000
0.0000
...

Indonesian Rupiah

IDR
0.0305
0.0256
0.0206
0.0310
0.0250
...

Japanese Yen

JPY
3.3450
3.2230
3.2100
3.5350
3.1830
...

Sri Lanka Rupee

LKR
1.2700
1.1000
0.9800
0.0000
0.0000
...

Mauritius Rupee

MUR
11.6700
7.4500
0.0000
0.0000
0.0000
...

Norwegian Kroner

NOK
45.0200
40.3900
39.7900
0.0000
0.0000
...

Pakistan Rupee

PKR
1.9500
1.6800
1.0800
0.0000
0.0000
...

Philippine Peso

PHP
8.1900
7.4200
6.9800
0.0000
0.0000
...

Qatari Riyal

QAR

119.9600

110.3100
109.4100
0.0000
0.0000
...

Saudi Arabian Riyal

SAR
116.3400
109.5000
106.5000
119.9650
108.3740
...

Swedish Kroner

SEK
43.0500

38.3900

38.1900
0.0000
0.0000
...

Thai Baht

THB
13.8300
11.9000
11.6200
14.9170
12.0270
...

South Africa Rand

ZAR
26.1000
23.4200
23.2200
0.0000
0.0000
...

Nepal Rupee

NPR
3.5200
3.1600
3.0700
0.0000
0.0000
...

Chinese Renminbi

CNY
65.0400
59.8900
0.0000
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 Tre9ury and Capital Markets Department at  03 2070 4404 / 4406 / 4410 / 4414

 

 

 

Locate Our Branches

Find a Bank Muamalat branch
nearby you

Locate Our Branch