FX Solutions

Foreign Exchange Solutions for SMEs

With a strong team of FX specialists, Meethaq offers its clients efficient and seamless access to FX markets. Our team is always there to assist clients in providing market updates as well as to execute transactions as per clients’ needs in accordance with the principles of Sharia. We offers a comprehensive set of solutions for clients seeking assistance on their FX needs. Our offering encompasses all the major currencies as well as exchange and payment facilities in various developed and emerging market currencies. We also offer the flexibility of orders where clients can let us know the level where they would like to transact and we execute their orders if and when that level is traded in the market.

Meethaq Spot Foreign Currency Exchange (Spot FX)

Meethaq’s Spot Foreign Currency Exchange solution is designed to meet the foreign exchange requirements of customers. The Spot Foreign Currency solution is based on the Shariah contract of Bai al-Sarf, which is basically translated as an exchange of two different currencies, has strict Shariah requirements whereby Spot Foreign Currency Exchange transactions are required to be concluded on spot settlement.

Benefits:

• World-class Shari’a compliant solutions.
• Competitive exchange rates.
• Convenient approval process.
• Exchange services available for all Major Currencies.

FAQs:

Visit your nearest branch or contact us at smemeethaq[a]bankmuscat.com for further details.​​​​​