Misk Islamic Bank offers a variety of banking services that comply with the provisions of Islamic Sharia law to meet the needs of individuals. These services aim to provide innovative and safe financial solutions that help customers administration their money and achieve their financial goals.
Treasury Operations Include:
The Treasury and Investment Department provides customers with innovative financial services that are compatible with the provisions of Islamic Sharia. Through the Treasury Department, products are provided to meet the needs of customers in accordance with the terms and controls approved by the Sharia Supervisory Board of the Bank.
Money Markets and Instruments
The importance of Islamic financial markets stems from their full commitment to the provisions and values of Islamic Sharia related to transactions. Therefore, in issuing shares and sukuks, there is a strong adherence to the laws regulating the Sharia contracts on which their transactions are based, in an acceptable sales manner. The team is constantly enhancing its suite of solutions to meet customers' increasingly complex investment, liquidity and risk management needs.
Foreign Currency Exchange
We provide foreign exchange rates on a daily basis to business units and departments, which are transmitted to the branches and then to their customers. Foreign currency exchange rates are provided before work begins in order to assist various business units and departments to serve their customers based on the instructions of the Central Bank of Iraq.
Seamless Banking
Misk Islamic Bank offers a variety of banking services that comply with the provisions of Islamic Sharia