| Treasury Services |
Print | Bookmark |
Foreign Exchange
Foreign Exchange Products
Features of Islamic FX Forward
- Approved by Shariah Advisory Council (SAC) of Bank Negara Malaysia
- Promise on trade date followed by Aqad on value date
- Unilateral (client promise to enter into the contract)
- Pricing is the same as conventional FX Forward
- Bank has the right to claim for losses in case of Mark-To-Mark (MTM) losses on termination date
- Competitive price
|