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: 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

20 Sept 2019 | 9.00 am

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

Australian Dollar

AUD
2.8960
2.7890
2.7730
2.9860
2.7540
...

Brunei Dollar

BND
3.1110
2.9830
2.9720
3.1030
2.9700
...

Canadian Dollar

CAD
3.2090
3.1000
3.0875
0.0000
0.0000
...

Swiss Franc

CHF
4.3000
4.1500
4.1320
4.3510
4.1110
...

Euro

EUR
4.7170
4.5200
4.5080
4.7630
4.5100
...

Sterling Pound

GBP
5.3200
5.1490
5.1360
5.7520
5.1380
...

New Zealand Dollar

NZD
2.6880
2.5660
2.5510
0.0000
0.0000
...

Singapore Dollar

SGD
3.0900
2.9830
2.9720
3.1030
2.9700
...

United States Dollar

USD
4.2570
4.1250
4.1080
4.2860
4.1040
 
 
 
 
 
 
 
Per 100 Unit of Foreign Currency
Selling Buying Currency Notes
TT/OD TT OD Selling Buying
...

UAE Dirham

AED
118.5659
109.9000
106.9000
0.0000
0.0000
...

Bangladesh Taka

BDT
5.2300
4.5800
4.2800
0.0000
0.0000
...

Danish Kroner

DKK
64.7100
59.4800
58.8800
0.0000
0.0000
...

Hong Kong Dollar

HKD
55.2000
51.3400
50.7400
55.3120
51.5520
...

Indian Rupee

INR
6.1300
5.1000
4.3000
0.0000
0.0000
...

Indonesian Rupiah

IDR
0.0317
0.0275
0.0225
0.0330
0.0270
...

Japanese Yen

JPY
3.9670
3.8000
3.7870
4.1930
3.7800
...

Sri Lanka Rupee

LKR
2.4200
2.2000
2.0800
0.0000
0.0000
...

Mauritius Rupee

MUR
14.0500
9.0800
0.00
0.0000
0.0000
...

Norwegian Kroner

NOK
48.8200
43.8600
43.2600
0.0000
0.0000
...

Pakistan Rupee

PKR
2.7900
2.5500
2.1500
0.0000
0.0000
...

Philippine Peso

PHP
8.2600
7.7600
7.4600
0.0000
0.0000
...

Qatari Riyal

QAR
118.0200
109.2400
108.3400
0.0000
0.0000
...

Saudi Arabian Riyal

SAR
115.1500
106.0600
105.6600
118.5010
107.1810
...

Swedish Kroner

SEK
45.2100
41.1300
40.9300
0.0000
0.0000
...

Thai Baht

THB
14.9800
12.6200
12.3400
15.8000
12.7530
...

South Africa Rand

ZAR
29.4300
26.8300
26.6300
0.0000
0.0000
...

Nepal Rupee

NPR
3.9100
3.5800
3.4900
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 Treasury and Capital Markets Department at 03 2070 4404 / 4406 / 4410 / 4414

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