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Trading Announcement and Calendar of Current Account and Savings Account under Tawarruq

Trading Announcement and Calendar

How it works

When applicable, Commodity Trading will be performed on a daily basis on the next Trading Day and it will be based on the end-of-day positive balance of Current and Savings Account under Tawarruq. Trading Day refers to Mondays to Fridays when the commodity trading platform is opened for trading.
Please refer to the calendar on the announcement of completion of the commodity trading based on colours of green, blue and grey. These are performed by the Bank, acting as an agent for the respective dates.

COMMODITY TRADING (GREEN)
COMMODITY TRADING (BLUE)
NO TRADING (GREY)
Completion of the Commodity Purchase for Current and Savings Account based on Shariah Concept of Tawarruq (CASA Tawarruq) Completion of the Commodity Purchase for Current and Savings Account based on Shariah Concept of Tawarruq (CASA Tawarruq) There is no trading.
  1. Standard Chartered Saadiq Berhad, acting as your agent, has completed the purchase of commodity today for the end-of-day positive balances in your CASA Tawarruq. The end-of-day positive balance refers to the available funds in your CASA Tawarruq as of previous business day at the cut-off time of 2359 hours.
  2. The commodity purchase was completed based on the commodity type, maximum commodity price and commodity trading platform as published here.
  3. We have decided, on your behalf, not to take delivery of the commodity.
  1. Standard Chartered Saadiq Berhad, acting as your agent, has completed the purchase of commodity today for the end-of-day positive balances in your CASA Tawarruq. The end-of-day positive balance refers to the available funds in your CASA Tawarruq as of previous business day and non-business day(s) at the cut-off time of 2359 hours.
  2. The commodity purchase was completed based on the commodity type, maximum commodity price and commodity trading platform as published here.
  3. We have decided, on your behalf, not to take delivery of the commodity.
Completion of the Commodity Sale for Current Account and Savings Account based on Shariah Concept of Tawarruq (CASA Tawarruq) Completion of the Commodity Sale for Current Account and Savings Account based on Shariah Concept of Tawarruq (CASA Tawarruq)
  1. Standard Chartered Saadiq Berhad, acting as your agent, has completed the sale of commodity  today at the sale price which is the commodity acquisition cost, plus the profit which is calculated based on the prevailing rate per annum for the previous business day as published here.
  2. The commodity sale was completed based on the commodity type as published here.
  3. The commodity purchaser is Standard Chartered Saadiq Berhad.
  4. The settlement of the commodity acquisition cost is on a cash basis and the profit will be paid on the last calendar day of the month.
  1. Standard Chartered Saadiq Berhad, acting as your agent, has completed the sale of commodity today at the sale price which is the commodity acquisition cost, plus the profit which is calculated based on the prevailing rate per annum for the previous business day and non-business days within the month as published here.
  2. The commodity sale was completed based on the commodity type as published here.
  3. The commodity purchaser is Standard Chartered Saadiq Berhad.
  4. The settlement of the commodity acquisition cost is on a cash basis and the profit will be paid on the last calendar day of the month.
Click here to view the calendar for trading announcements of the respective day

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