Foreign Currency Current Account-i (FCCA-i) is an excellent way for you to manage the risk associated with foreign currencies. It adopts the Shariah principle of Tawarruq.
*Tawarruq is an arrangement which consists of two (or multiple) sale and purchase contracts. The first involves the sale of an asset by a seller to a purchaser on a deferred basis. Subsequently, the purchaser of the first sale will sell the same asset to a third party on a cash and spot basis.
Eligible deposit insured by PIDM