Islamic Cross Currency Swap ICCS. allows the Islamic banks to hedge the interest and currency exchange risks of their investments in foreign denominated assets.

Name: Islamic Cross Currency Swap ICCS. allows the Islamic banks to hedge the interest and currency exchange risks of their investments in foreign denominated assets.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

ICCS is a financial instrument that allows Islamic banks to manage the risks associated with foreign currency investments.