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

...

Singapore Dollar

...

Swiss Franc

...

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

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

07 October 2022 | 9.15 am

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

Australian Dollar

AUD
3.0470
2.9190 2.9030 3.1310
2.8890
...

Brunei Dollar

BND
3.3390
3.1970 3.1860
3.3500
3.1770
...

Canadian Dollar

CAD
3.4390
3.3210 3.3040
0.0000
0.0000
...

Swiss Franc

CHF
4.7970 4.5960 4.5780
4.8360
4.5720
...

Euro

EUR
4.6380
4.4600
4.4380
4.6790
4.4330
...

Sterling Pound

GBP
5.2630 5.0980 5.0890
5.6730
5.0710
...

New Zealand Dollar

NZD
2.7000 2.5790 2.5640
0.0000
0.0000
...

Singapore Dollar

SGD
3.3390
3.2100
3.2090
3.3500
3.1770
...

United States Dollar

USD
4.7400 4.5590 4.5420 4.7500
4.5500
 
 
 
 
 
 
 
Per 100 Unit of Foreign Currency
Selling Buying Currency Notes
TT/OD TT OD Selling Buying
...

UAE Dirham

AED
130.3240
122.8700 120.6700
0.0000
0.0000
...

Bangladesh Taka

BDT
4.9600 4.2300 3.9300
0.0000
0.0000
...

Danish Kroner

DKK
64.1200

58.9800

58.3800
0.0000
0.0000
...

Hong Kong Dollar

HKD
60.7400
56.8400
56.2400
61.1530
57.0170
...

Indian Rupee

INR
5.9800
5.3900
5.3900
0.0000
0.0000
...

Indonesian Rupiah

IDR
0.0329
0.0276
0.0226
0.0340
0.0270
...

Japanese Yen

JPY
3.2760
3.1610
3.1480
3.4620
3.1220
...

Sri Lanka Rupee

LKR
1.4000
1.1900
1.0700
0.0000
0.0000
...

Mauritius Rupee

MUR
12.4400
7.9400
0.0000
0.0000
0.0000
...

Norwegian Kroner

NOK
45.3200
40.7100
40.1100
0.0000
0.0000
...

Pakistan Rupee

PKR
2.4000
2.0800
1.4800
0.0000
0.0000
...

Philippine Peso

PHP
8.3100
7.5400
7.1000
0.0000
0.0000
...

Qatari Riyal

QAR

130.0700

119.6600
118.7600
0.0000
0.0000
...

Saudi Arabian Riyal

SAR
127.1500
119.8100
116.8100
131.1110
118.5760
...

Swedish Kroner

SEK
43.3800

38.7400

38.5400
0.0000
0.0000
...

Thai Baht

THB
13.3200
11.4400
11.1600
14.3160
11.5600
...

South Africa Rand

ZAR
27.2800
24.5100
24.3100
0.0000
0.0000
...

Nepal Rupee

NPR
3.8400
3.4600
3.3700
0.0000
0.0000
...

Chinese Renminbi

CNY
67.9200
62.6400
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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