The term ‘cash is king’ has always and will continue to stand the test of time. RUSD Bank’s Money Market portfolio is suitable for treasury and cash management for corporate, ultra high net-worths and high net-worths in a Shariah-compliant manner.
The offerings under our money market investment portfolios include:
i. RUSD Money Market Portfolio
As a Shahriah-compliant low risk portfolio, the RUSD Money Market Portfolio (RMMP) is an investment mix of short to medium term Murabaha deals, Islamic Sukuk, leasing certificates and other commercial papers, direct short to medium-term direct financing, and trade / commodity finance. The primary objective of the portfolio is to offer competitive returns to the client with minimum risks.
ii. RUSD Leasing Portfolio.
The RUSD Leasing Portfolio covers an open-ended Fund established by RUSD Investment Bank Inc. in adherence with the Shariah laws. The Fund invests against the financial leases written by leading leasing companies in the Middle East. The Fund’s investment is secured by way of assignment of selective leased assets of the company with a margin of 20 per cent.
Additionaly, we also manage Sukuk offerings providing the opportunity to invest in the consumer finance sector in the Middle East.