Islamic Treasury

Overview

TG’s Islamic Desk is primarily responsible for managing ABL Islamic liquidity requirements. It deals exclusively in Shariah-compliant treasury products and actively participates in the interbank market, while also supporting Islamic branches and customers in their daily transactional needs.

The desk also provides FX rates and sukuk portfolio securities pricing to Islamic Banking branches and customers. To mitigate foreign exchange risk, a Forward Cover product (Wa’ad) is also offered in accordance with Islamic principles.