Treasury and Investment

Smart Deal

SmartDeal is an online FX dealing platform that provides clients with access to view streaming FX prices and execute transactions with click of a button.

Direct Dealing

Emirates Islamic's Treasury Direct Dealing service brings you access and coverage to a wide variety of products. Foreign Exchange conversions, Coverage and Custodian services for Global Sukuk, access to buying and selling of Global Equities, and various kinds of Shariah compliant hedging products for both Foreign Exchange and Profit Rate.

Our experienced Team is fully dedicated to offer you superior services with seamless execution.

Vanilla Profit Rate Swap (PRS)

A Vanilla PRS is rates hedge transaction where the customer converts his floating rate exposure to a fixed rate or vice-versa based on his preference for profit rate exposure. A Profit Rate Swap is an agreement to exchange profit rate payments between a party paying a Fixed Profit Rate and a party paying a Floating Profit Rate implemented through the execution of a series of underlying contracts to trade certain assets under the Shariah principles of Murabaha.

Cancellable Profit Rate Swap (Cancellable PRS)

A Cancellable Profit Rate Swap (Cancellable PRS) is rates hedge transaction where the customer has the right to cancel the PRS on a pre-agreed date(s) without incurring any MTM or cancellation charges.

Cross Currency Profit Rate Swap (Cross-Currency Swap)

Cross Currency Profit Rate Swap (Cross-Currency Swap), profit payments and principal in one currency are exchanged for principal and profit payments with the second currency. Profit payments are exchanged at fixed intervals during the life of the agreement. Cross-currency swaps are highly customizable and can include variable, fixed rates, or both.

Profit Rate Cap

A Profit Rate Cap is rates hedge transaction where the customer limits his maximum rate exposure at pre-agreed level to protect against rising rate environment.

Profit Rate Cap Spread

A Profit Rate Cap Spread is rates hedge transaction where the customer limits his maximum rate exposure at a pre-agreed level up to a certain point only. It is a cheaper option compared to the standard Profit Rate Cap.

Profit Rate Leverage Cap Spread

A Profit Rate Leverage Cap Spread is rates hedge transaction where the customer limits his maximum rate exposure at a pre-agreed level up to a certain point only plus an implied barrier where in if breached, poses risk to the client. It is a further cheaper option compared to the standard Profit Rate Cap Spread.

Profit Rate Collar

A Profit Rate Collar is rates hedge transaction where the customer limits his maximum and minimum rate exposure at pre-agreed levels to mitigate excessive rates volatility on their cash-flows.

Wakala

An investment contact between an agent and a principal whereby the principal appoints the agent to invest its funds in Shariah compliant activities. The principal specifies the returns expected from the investment, and agent is required to source an investment to achieve the expected returns, after deducting the agency fees.

Wealth Management

• Sukuk: As "safe" wealth management products go, Sukuk are often considered to be an extremely conservative investment. If held till maturity, Sukuk will usually return investors the full amount originally invested.
  Additionally, over the life of the holding, investors will also receive regular returns in the form of "Coupons". Investors looking for regular and predictable income from their accumulated wealth may find Sukuk an attractive option. TRY dealers can assist to execute sukuk buy and sell orders. Clients will have the choice for placing either market orders (buy or sell at prevailing market price) or Limit orders (buy or sell at specified price).
• Mutual Funds: These are one of the most known types of wealth management products available today. It is not the Mutual Fund itself, but the underlying investments held in the fund that determine its risk profile. Before investing any part of your wealth in a Mutual Fund, it is always advisable to understand what the underlying holdings are.
• Local & International Equities: Equities are a product that almost every investor is familiar with. Investing in equities of publicly traded corporations is easy to do, and many individuals will have at least some of their wealth invested in stocks.
  However, like other wealth management products, equities come in varying flavours, and are available to fulfill diverse wealth management objectives.