Muamalat Rolls Out DCI-i Product

Bank Muamalat Malaysia has introduced an Islamic dual currency investment product.

Bank Muamalat Malaysia has introduced an Islamic dual currency investment (DCI-i) product, Bernama reports. It will initially be offered to wholesale customers in the Malaysian ringgit, euro and U.S. dollar. DCI-i is a foreign exchange-based structured investment offering coupled to the performance of two foreign currencies. The new launch is part of the bank’s product and services expansion plans.

Click here for the story from Bernama.