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Treasury
Department
The Treasury Department provides the Bank with the crucial direct link
to local and international financial markets. The role of the Treasury
function has rapidly grown over time with the growth of KFH. This
department has the prime responsibility of creating liquidity for the
Bank, optimizing returns on the Bank’s excess liquidity and analyzing
the local and international markets. The Treasury Department employs
highly trained professionals, and has state-of-the-art facilities to
respond swiftly to dynamics of the market. Some of the Department’s
products are described below:
Foreign Currency Trading
the Treasury Department trades and controls Forex Exposure in
designated foreign currencies on behalf of KFH and its clients. This
department offers a very competitive currency trading service, and its
clientele includes major corporate organizations and high net worth
clients from the asset management department.
Trade Finance Murabaha
This product is primarily targeted at the high end of the market.
Customers could invest a minimum of 100,000 US Dollars or its
equivalent in a designated currency and obtain attractive returns for
varying tenors from 1 to 12 months.
Funding KFH Products
The Treasury Department funds controls and monitors local and foreign
currency needs of various departments of KFH with both local and
international banks through swapping (exchange of deposits) in
accordance with Islamic Sharia’a.
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