05.06.2012 - Bank Islam launches dual currency investment product
Bank Islam Malaysia Bhd (Bank Islam) launched its Islamic Dual Currency Investment-i (DCI-i), a deposit product that is expected to earn higher returns than regular foreign currency deposits. Bank Islam’s DCI-i is a fixed deposit product linked to the performance of a pair of foreign currencies based on the concept of Wakalah-lil-Istithmar – an agency contract for investment – that meets both local and international syariah standards...............................................Full Article: Source
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