Would Investing at isx-aman.com act as also as a bank hedge?

[spacetuna]

Would investing in the ISX act also as a hedge? I didn't know if the funds you invested were dollars or dinars? And if you cash out a fund would it be repaid in dinars or dollars? I would rather just set up a trading account than a trading account AND a bank account.

[shellie01]

Hi, the only thing is that the money you put into the account at aman is not an interest bearing account. It's just there for trading on the ISX. When you open the account you have the choice to convert to dinar or keep USD in there instead. I don't want two different accounts either but Warka offers 6% interest so I'm thinking maybe that might be good after all.

[spacetuna]

I'm just a little leary of the fact that I found several threads from people stating that they could not get any balance statements from Warka after several requests. That makes me a little nervous, so far my experience with ISX-aman has been great so I feel a little more comfortable keeping my money there as a hedge.

Just to get this straight, at ISX-aman I could convert my funds to dinar and request dinar to be sent to me if I cashed out my account correct??

[MEALTICKET]

Help me someone is ISX AMMAN DIFFERNT FROM ALWARKA OR ARE THEY CONNECTED?

[spacetuna]

ISX-AMAN is a brokerage for trading stocks (like Etrade) AlWarka is a bank.