Hedging Facility (Waad)

Lower your risk from FX volatility

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Hedging Facility (Waad)

Lower your risk from FX volatility

  • Based on Islamic principle of Waad 
  • Fully Shariah-compliant FX hedging facility
  • Available for all major world currencies
  • Continuous advice & support from relationship manager

The team of FX specialists at Dhofar Islamic offer you advanced Shariah-compliant tools to mitigate risk or protect investments from large or unexpected FX rate changes. 

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Frequently Asked Questions

This is a product based on the Sharia concept of Waad. 

It is an excellent alternative to Forward Cover from conventional banks. The service is specifically designed for businesses, pubic organization and High Net Worth Individuals (HNIs) with large investment positions or significant FX risks.

Please contact your Dhofar Islamic Relationship Manager for guidance. 

You can apply on www.dhofarislamic.com, or drop in at any DhofarIslamic Bank branch. Find your nearest location click here.

If you have a query, call us anytime 24x7 on +968 24775777.

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Do you need further assistance or have questions about Hedging Facility (Waad)? 
We are here to help you. Do not hesitate to contact us.

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