 | HSBC launches Shariah-compliant financial service with full product range
18 December, 2010
The Hongkong and Shanghai Banking Corporation (HSBC) Limited Wednesday launched a Shariah-compliant financial service 'HSBC Amanah' with full range of products in the country.
The first Shariah-compliant flagship branch of the bank was launched at Gulshan in city.
With the goal of providing a range of Islamic financial services to its customers, the bank introduced the product that was developed under supervision of independent, competent Shariah scholars, the high officials of the bank said at a press conference at a city hotel.
Head of International, HSBC Asia Pacific, Guy Harvey-Samuel, Global Deputy CEO, HSBC Amanah, Razi Fakih, CEO of Bangladesh Sanjay Prakash and Head of Amanah, Personal banking, Laila F Rahim were present at the press conference.
The bank executives said Amanah offers personal banking products including deposits, account services and financial solutions for vehicle, home and other purposes.
For commercial customers, it offers world-class Shariah-compliant corporate accounts, deposit services, term financing and term investment services.
Release link:http://www.thefinancialexpress-bd.com/more.php?news_id=120306&date=2010-12-16
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