Bank Muamalat 1Malaysia
 
   
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Foreign Exchange
Forward Foreign Exchange
Click on the list below to learn more about Foreign Exchange:
Features

Shariah approved;
Concept: Wa’d Mulzim
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.

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