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:

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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

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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

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

01 July 2022 | 9.15 am

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

Australian Dollar

AUD
3.1080
2.9770 2.9610 3.1940
2.9460
...

Brunei Dollar

BND
3.2560
3.1160 3.1050
3.2660
3.0970
...

Canadian Dollar

CAD
3.4830
3.3630 3.3460
0.0000
0.0000
...

Swiss Franc

CHF
4.7150 4.5160 4.4980
4.7520
4.4930
...

Euro

EUR
4.7030
4.5230
4.5010
4.7450
4.4950
...

Sterling Pound

GBP
5.4430 5.2720 5.2630
5.8670
5.2440
...

New Zealand Dollar

NZD
2.8200 2.6930 2.6780
0.0000
0.0000
...

Singapore Dollar

SGD
3.2560
3.1290
3.1280
3.2660
3.0970
...

United States Dollar

USD
4.4960 4.3240 4.3070 4.5050
4.3140
 
 
 
 
 
 
 
Per 100 Unit of Foreign Currency
Selling Buying Currency Notes
TT/OD TT OD Selling Buying
...

UAE Dirham

AED
123.5908
116.5200 114.3200
0.0000
0.0000
...

Bangladesh Taka

BDT
4.9900 4.4300 4.1300
0.0000
0.0000
...

Danish Kroner

DKK
65.0400

59.8200

59.2200
0.0000
0.0000
...

Hong Kong Dollar

HKD
57.6300
53.9200
53.3200
58.0230
54.0890
...

Indian Rupee

INR
5.8800
5.3000
5.3000
0.0000
0.0000
...

Indonesian Rupiah

IDR
0.0318
0.0267
0.0217
0.0320
0.0260
...

Japanese Yen

JPY
3.3160
3.1990
3.1860
3.5040
3.1590
...

Sri Lanka Rupee

LKR
1.3500
1.1500
1.0300
0.0000
0.0000
...

Mauritius Rupee

MUR
11.9900
7.5200
0.0000
0.0000
0.0000
...

Norwegian Kroner

NOK
46.7700
41.9900
41.3900
0.0000
0.0000
...

Pakistan Rupee

PKR
2.2800
2.1600
1.7600
0.0000
0.0000
...

Philippine Peso

PHP
8.2600
7.7700
7.4700
0.0000
0.0000
...

Qatari Riyal

QAR
123.7700
113.8200
112.9200
0.0000
0.0000
...

Saudi Arabian Riyal

SAR
120.7500
113.8100
110.8100
124.5090
112.6350
...

Swedish Kroner

SEK
44.7700

39.9700

39.7700
0.0000
0.0000
...

Thai Baht

THB
13.3400
11.4600
11.1800
14.3410
11.5800
...

South Africa Rand

ZAR
28.5800
25.6700
25.4700
0.0000
0.0000
...

Nepal Rupee

NPR
3.7800
3.4000
3.3100
0.0000
0.0000
...

Chinese Renminbi

CNY
68.4300
63.0800
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

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