Treasury
Our treasury products range from foreign currencies- spot to forwards and other tailor made products as required by you.
We also provide cash management to improve your working capital.
We offer services in your receivables and payables management freeing your valuable time and reducing your processing cost to concentrate on your core area of business.
The major foreign currencies that we provide are USD, Euro, Great British Pound, Japanese Yen, Swiss Franc at market competitive rates for your import and export needs or for your general business/personal purposes.
The Treasury Department progressively thrive to develop diversity in Shariah-compliant products to offer a high-quality efficient and professional services to our customers.
Investments
• Direct Investing
-Share Dealing
We provide advisory services and trading facilities for investment in equities and bonds in the secondary market. Buying of equity shares during Initial Public Offering and purchase of bonds (Sukuks) at issue are also facilitated.
– Funds
We provide funds on behalf of multinational fund houses and our customers can choose to buy into the funds at his/her sole discretion.
– Systematic Investment Plan
We provide facilities to invest systematically based on your monthly savings in asset classes of your choice-equity, gold, fx or other bespoke products.
– Mudaraba By acting as the Mudarib, we invest the funds and the profits are shared with the customer-the Rabb ul Mal based on Shariah compliant principles.
The customer can deposit specific sum of money at definite intervals of 1m, 3m, 6m, 9m and a year and has the option to withdraw certain amount of profits at varied intervals.