With a strong team of FX specialists, we offer clients efficient and seamless access to FX markets to manage their risks associated with the volatility of such markets in an accurate and timely manner at competitive rates. Our team is always there to assist clients in providing market updates and executing transactions as per needs following the principles of Sharia.
We offer comprehensive solutions for clients seeking assistance on their FX needs. Our offering encompasses all the major currencies and exchange and payment facilities in various developed and emerging market currencies. Tenor-wise, we also have a comprehensive set of Spot, Outright Promise, Optional Promise, and Swap facilities that we offer in various currencies according to the principles of Sharia. We also provide the flexibility of orders where clients can let us know the level they would like to transact, and we execute their orders if and when that level is traded in the market.
Promise transactions allow customers to fix exchange rates for specific future-dated foreign currency transactions following the principles of Sharia. This eliminates the uncertainty of future currency fluctuations and will enable customers to plan with the exact rates/cost of payment at future dates.