What impact does booking a price have on me as a customer?

Arranging to reserve or fix a currency exchange rate is not the same as buying a commodity on installment.

If the bank offers a currency risk management product for businesses, understand the commitment and settlement timings and the contract used before signing.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

Source

• AAOIFI — Sharia Standards