News : UBS adds Sharia compliant FX products

First Published: e-Forex Magazine 30 / News / January, 2008

UBS has recently added Sharia-Compliant FX structured products to its prestigious UBS Investor e-trading platform. UBS Investor is a web based application allowing clients to structure and execute tailor-made currency and commodity linked investments. This groundbreaking web platform allows UBS' clients to instantly tailor their investments for as little as USD 50'000. The tool enables users to generate a termsheet in a few seconds in several languages. Sharia compliant FX structured products, Deposits (commodity Murabaha) and BLOCs (dual-currency Murabaha), are offered to clients to meet their short-term liquidity and risk management needs. ...continued

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