A short-term Islamic foreign currency money market instrument. It is a Shariah compliant investment product which is based on the concept of Mudharabah.
Features

FCM-i transaction must have a fixed maturity date.

Currency

Minimum Tenor

USD

1 day

EUR,AUD,GBP

7 days

NZD,HKD, CAD, SGD, CHF, JPY

1 month

Maximum (all currencies)

12 months

Amount

Currency

Minimum Amount

USD

USD20,000

EUR,AUD,GBP

USD20,000 equivalent

NZD,HKD, CAD, SGD, CHF, JPY

USD20,000 equivalent

Currency

USD, EUR, AUD, GBP, NZD, HKD, CAD, SGD, CHF, JPY

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