Hedging Products

Hedging Products

Products that meet your expectations.

Bank Albilad’s treasury division offers various hedging products that aim to protect our clients from the exposure to price fluctuations

Profit Rate Swap (PRS)

At Bank Albilad, we offer PRS product which is designed to hedge a long term financial facility against market markup changes. It is an over the counter derivative instrument, where two parties agrees to exchange profit rate cash flows based on a specified notional amount. As structure of the product, the bank will receives the floating rate (SAIBOR/ SOFR etc.) and pays fixed rate to the client or vice versa.

Features

  • The product is in line with the guidelines set by the bank’s Shariah committee.
  • We offer competitive prices.
  • No hidden costs
  •  Reducing the risk of price fluctuation of benchmark rates such as SAIBOR/ SOFR etc.

Flexi Forward (Wa’ad based)

Currencies are sold or bought within a pre-agreed period at an agreed price, where the client can buy or sell the currency at any time during the agreed period, and its aim is to protect customer against exchange rate fluctuations .


Features

  • The product is in line with the guidelines set by the bank’s Shariah committee.
  • We offer competitive prices.
  • We have wide range of currencies available for this product.

Flexi Forward (Wa’ad based)

Currencies are sold or bought within a pre-agreed period at an agreed price, where the client can buy or sell the currency at any time during the agreed period, and its aim is to protect customer against exchange rate fluctuations.

Features

  • The product is in line with the guidelines set by the bank’s Shariah committee.
  • We offer competitive prices.
  • We have wide range of currencies available for this product.


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