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

   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: 09 June 2023 | 9.15 am

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

Australian Dollar

AUD
3.1610
3.0250 3.0090 3.2480
2.9930
...

Brunei Dollar

BND
3.5260
3.3700 3.3590
3.5360
3.3490
...

Canadian Dollar

CAD
3.5080
3.3830 3.3660
0.0000
0.0000
...

Swiss Franc

CHF
5.2410 50150 4.9970
5.2830
4.9880
...

Euro

EUR
5.0660
4.8670
4.8450
5.1120
4.8360
...

Sterling Pound

GBP
5.8820 5.6900 5.6810
6.3400
5.6610
...

New Zealand Dollar

NZD
2.8810

2.7480

2.7330
0.0000
0.0000
...

Singapore Dollar

SGD
3.5260
3.3840
3.3830
3.5360
3.3490
...

United States Dollar

USD
4.7020 4.5170 4.5000 4.7120
4.5080
 
 
 
 
 
 
 
Per 100 Unit of Foreign Currency
Selling Buying Currency Notes
TT/OD TT OD Selling Buying
...

UAE Dirham

AED
129.1170
121.7300

119.5300

0.0000
0.0000
...

Bangladesh Taka

BDT
4.7000 3.9900

3.6900

0.0000
0.0000
...

Danish Kroner

DKK

69.9400

64.2500

63.6500
0.0000
0.0000
...

Hong Kong Dollar

HKD
60.3500
56.4000
55.8000
60.7630
56.5790
...

Indian Rupee

INR
5.8800
5.2900
5.2900
0.0000
0.0000
...

Indonesian Rupiah

IDR
0.0336
0.0279
0.0229
0.0340
0.0280
...

Japanese Yen

JPY
3.3890
3.2660
3.2530
3.5820
3.2260
...

Sri Lanka Rupee

LKR
1.7100
1.4800
1.3600
0.0000
0.0000
...

Mauritius Rupee

MUR
12.3600
7.8900
0.0000
0.0000
0.0000
...

Norwegian Kroner

NOK
44.1800
39.6400
39.0400
0.0000
0.0000
...

Pakistan Rupee

PKR
1.8400
1.5800
0.9800
0.0000
0.0000
...

Philippine Peso

PHP
8.6200
7.8100
7.3700
0.0000
0.0000
...

Qatari Riyal

QAR

130.2200

119.8100
118.9100
0.0000
0.0000
...

Saudi Arabian Riyal

SAR
126.3700
118.9700
115.9700
130.3030
117.7410
...

Swedish Kroner

SEK
44.3900

39.5900

39.3900
0.0000
0.0000
...

Thai Baht

THB
14.2800
12.1400
11.8600
15.3450
12.2750
...

South Africa Rand

ZAR
25.8100
23.1700
22.9700
0.0000
0.0000
...

Nepal Rupee

NPR
3.7800
3.3900
3.3000
0.0000
0.0000
...

Chinese Renminbi

CNY
67.4200
62.0900
0.0000
0.0000
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

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