Premier Bank Kenya offers a comprehensive suite of Sharia-compliant risk management and investment solutions, designed to meet the diverse needs of its customers. With a dedicated team of specialists, we provide tailored treasury products to mitigate financial risks, improve investment yields, and ensure compliance with Islamic financial principles.
Treasury Products
Foreign Exchange (FX) Dealing and Hedging
We provide competitive FX rates and the ability to buy and sell a wide range of currencies through our digital platforms or branches. Our well-trained specialists ensure seamless and secure transactions.
Benefits:
- Access to major global currencies.
- Real-time exchange rates.
- Enhanced flexibility for international trade and travel.
- Expert advisory for hedging against currency volatility.
Requirements:
- Business account with Premier Bank Kenya.
- Valid identification for individual or corporate representatives.
- FX hedging agreements as applicable.
Profit Rate Hedging
A Sharia-compliant agreement allowing customers to exchange a series of profit payments for another in the same currency over a fixed period of time.
Benefits:
- Protection against fluctuations in profit rates.
- Flexibility to structure profit payments based on business needs.
- Full compliance with Sharia principles.
Requirements:
- Documentation detailing the financial exposure to be hedged.
- Agreement with Premier Bank specifying terms and conditions.
Commodity Price Hedging
Allows customers to safeguard against fluctuations in commodity prices by purchasing contracts that guarantee specific prices for commodities.
Benefits:
- Mitigate risks associated with volatile commodity prices.
- Secure consistent pricing for business operations.
- Flexibility to hedge various commodities such as oil, metals, and agricultural products.
Requirements:
- Documentation detailing the commodity exposure.
- Agreement specifying the hedge's structure and terms.
Investment Solutions
Third-Party Mutual Funds
Premier Bank Kenya partners with reputable fund managers to offer Sharia-compliant mutual funds tailored to customers’ investment goals.
Benefits:
- Diversified investment portfolio.
- Access to professionally managed funds.
- Transparent and ethical investment opportunities.
Requirements:
- Investment profile assessment.
- Minimum contribution amount as stipulated by the fund.
Global Sukuk Fund
A Sharia-compliant fixed-income investment product that provides exposure to global Sukuk (Islamic bonds) markets.
Benefits:
- Stable returns with lower risk.
- Compliance with Sharia guidelines.
- Investment diversification across global markets.
Requirements:
- Completed investment application form.
- Initial capital contribution as per fund requirements.
Structured Products
Customized investment solutions designed to meet specific financial goals, combining Sharia-compliant financial instruments.
Benefits:
- Tailored risk-return profile.
- Enhanced returns compared to conventional products.
- Flexibility in tenure and payout structures.
Requirements:
- Investment assessment and agreement.
- Minimum investment amounts as specified by Premier Bank.
Why Choose Premier Bank Kenya Treasury Products?
Sharia Compliance: All products adhere to Islamic financial principles, ensuring ethical transactions.
Tailored Solutions: Bespoke products designed to meet individual and business needs.
Expert Guidance: Access to a dedicated team with extensive market knowledge and structuring skills.
Seamless Execution: Efficient and transparent trade execution processes.
Risk Mitigation: Comprehensive tools to hedge against market and financial risks.
Premier Bank Kenya is committed to providing innovative and Sharia-compliant treasury solutions for its clients. For more information or to discuss your specific needs, contact our Treasury team or visit the nearest Premier Bank branch.
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