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Known as Islamic FX Forward, it's a unilateral binding promise made by the party(customer)to enter into foreign exchange transactions with Maybank Islamic Berhad at a specific future date.
Features

PFX-i is structured based on the combination of two acceptable Shariah concepts.

Wa’d

  • Promise

Sarf

  • Currency Exchange
Tenor

Anything exceeding 2-days up to one year.

Amount

Type of Contract

Minimum Amount

Fixed Date Forwards

RM10,000.00

Single Optional DateForwards

RM10,000.00

Multiple Optional Date Forwards

RM500,000.00
Currency

Major currency pair

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