Treasury
1. Foreign Exchange: Spot Foreign Exchange and FX Promise (sale and purchase of currency). FX transaction is a unilateral promise to enter into a spot transaction on a future date.
2. Shari'a compliant products which are used as an alternative to the derivatives and risk mitigates (such as: Shari'a compliant Profit Rate Swap).
3. Market Analysis/Updates: In-depth analyses and research on regional and international market. Regular updates on market developments and trends. Customer seminars on foreign exchange and Shari'a compliant products which are used as an alternative to the derivative products)
Foreign Exchange
Spot and Islamic Forward purchase/sale of foreign currencies against the Egyptian Pound
Spot and Islamic Forward purchase/sale of foreign exchange crosses
Fixed Income
Liquidity management and yield enhancement solutions built around money market instruments (e.g. purchase of Treasury Bills/Bonds for customers)
Islamic Derivatives & Risk Mitigants
Exposure management strategies for hedging risk on foreign exchange, profit rate and commodity price risk (e.g. Profit Rate Swaps) Liquidity management strategies
Market Analysis/Updates
In-depth analyses and research on regional and international market. Regular updates on market developments and trends. Customer seminars on foreign exchange and derivative products)