Having foreign currencies in hand with the hope of getting a better yield? With our Shariah-compliant short term Foreign Currency Mudharabah-i (FCM-i), you can now place them in a profit sharing investment product to earn a potentially higher return.

FCM-i also allows for easy transfer of funds overseas safely with our wide network of branches as well as correspondent banks worldwide. What’s more, the profit-sharing principle of Mudharabah gives you the potential to earn better returns on your investment.

FCM-i offers:

• Alternative investment in Shariah compliant short term foreign currency investment.
• Dividend return is not fixed but will be based on the “R Rate”. A higher “R Rate” enables return for customers.*
• Dividend will be calculated daily and paid on maturity

FCM-i Features:

• Shariah Contract - based on Mudharabah (profit-sharing) contract where customers act as provider of fund and the Bank acts as entrepreneur. The Bank will invest the fund in Shariah-compliant investment avenues. The profit from the investment will be shared between the Bank and customers based on the pre-agreed profit sharing ratio.

Who can apply

• Individuals, both residents and non-residents
• Non-Individuals, or business banking customers

Currency Offered

Tenure or Minimum Deposit

* Subject to complete Terms and Conditions

*Terms and conditions apply