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:

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UAE Dirham

...

Sri Lanka rupee

...

South African rand, etc

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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

 

14 January 2022 | 9.00 am

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

Australian Dollar

AUD
3.1040
2.9790 2.9630 3.1950
2.9480
...

Brunei Dollar

BND
3.1780
3.0540 3.0430
3.1690
3.0350
...

Canadian Dollar

CAD
3.3980
3.2810 3.2640
0.0000
0.0000
...

Swiss Franc

CHF
4.6900 4.4930 4.4750
4.7270
4.4690
...

Euro

EUR
4.8550
4.6950
4.6730
4.9250
4.6650
...

Sterling Pound

GBP
5.8080 5.6420 5.6330
6.2780
5.6120
...

New Zealand Dollar

NZD
2.9320 2.8080 2.7930
0.0000
0.0000
...

Singapore Dollar

SGD
3.1530
3.0660
3.0650
3.1690
3.0350
...

United States Dollar

USD
4.2660 4.1030 4.0860 4.2750
4.0940
 
 
 
 
 
 
 
Per 100 Unit of Foreign Currency
Selling Buying Currency Notes
TT/OD TT OD Selling Buying
...

UAE Dirham

AED
117.2751
110.5600 108.3600
0.0000
0.0000
...

Bangladesh Taka

BDT
5.1400 4.5700 4.2700
0.0000
0.0000
...

Danish Kroner

DKK
67.4700

62.0600

61.4600
0.0000
0.0000
...

Hong Kong Dollar

HKD
55.0900
51.5500
50.9500
55.4700
51.7140
...

Indian Rupee

INR
5.9600
5.3700
5.3700
0.0000
0.0000
...

Indonesian Rupiah

IDR
0.0314
0.0264
0.0214
0.0320
0.0260
...

Japanese Yen

JPY
3.7460
3.6140
3.6010
3.9590
3.5690
...

Sri Lanka Rupee

LKR
2.2700
1.9600
1.8400
0.0000
0.0000
...

Mauritius Rupee

MUR
11.8200
7.3700
0.0000
0.0000
0.0000
...

Norwegian Kroner

NOK
50.2000
45.0900
44.4900
0.0000
0.0000
...

Pakistan Rupee

PKR
2.5000
2.3700
1.9700
0.0000
0.0000
...

Philippine Peso

PHP
8.4400
7.9300
7.6300
0.0000
0.0000
...

Qatari Riyal

QAR
117.4700
108.1400
107.2400
0.0000
0.0000
...

Saudi Arabian Riyal

SAR
114.5600
107.9700
104.9700
118.1270
106.8540
...

Swedish Kroner

SEK
48.7000

43.4800

43.2800
0.0000
0.0000
...

Thai Baht

THB
13.4800
11.5700
11.2900
14.4910
11.6990
...

South Africa Rand

ZAR
28.6300
25.7400
25.5400
0.0000
0.0000
...

Nepal Rupee

NPR
3.8300
3.4400
3.3500
0.0000
0.0000
...

Chinese Renminbi

CNY
68.3900
63.0600
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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