The Islamic alternative to conventional short-term market investment is derived from transactions in Parallel Purchase and Sale of Currencies & Commodities (PPSC&C), i.e. a spot purchase of a currency or commodity and a forward sale of the same.
Investments in PPSC&Cs are made in internationally traded currencies and commodities and are dealt with carefully selected parties only, comprising to date 9 AA and A rated banks. Investment tenures span from one week to several months.
The bank’s treasury experts closely monitor the world stock markets, alert customers to opportunities and offer suitable advice with regards to potential investments.
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