| 09 Mar 2010 |
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HSBC Amanah picks up 11 accolades at the Islamic Finance News Awards2010
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HSBC AmanahHSBC Amanah
has collected 11 awards at the Islamic Finance News Awards 2010, which recognise excellence and leadership in Islamic finance.
, attended the event on behalf of HSBC AmanahHSBC Amanah
.Islamic Finance News also hosted an event in Kuala Lumpur, Malaysia last week, where Mukhtar Hussain, HSBC AmanahHSBC Amanah
's global CEO, who is based in the country, collected the awards relating to Asian deals.
Islamic Finance News named HSBC AmanahHSBC Amanah
winner in the following categories:
Best Islamic Private Bank; Wakalah Deal of the Year - IFC Hilal Sukuk al-Istithmar; Deal of the Year, Sovereign & Indonesia Deal of the Year -Republic of Indonesia Domestic Sukuk; Sovereign & Indonesia Deal of the Year - Republic of Indonesia Global Sukuk; Real Estate & UAE Deal of the Year - TDIC Sukuk Limited Trust Certificates; Yemen Deal of the Year - Sabafon ECA-backed Asset Murabahah Financing; Saudi Arabia Deal of the Year - Saudi Electricity Corporation Sukuk.
Razi Fakih, Deputy CEO of HSBC AmanahHSBC Amanah
, said: "In 2009 HSBC AmanahHSBC Amanah
reinforced its position as the premier cross-border provider of Shariah compliant financial services. We are delighted to receive these awards, which reiterate our leading global role in the increasingly competitive Islamic finance market.He added: "During the last 12 months HSBC AmanahHSBC Amanah
launched the world's first international Islamic premium banking service and led activity in the Islamic debt capital markets, structuring and lead managing many of 2009's landmark transactions. We continue to build on these successes and look forward to another year of innovation and industry firsts."
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About HSBC Amanah
HSBC AmanahHSBC Amanah
is the global Islamic financial services business of the HSBC Group. It was established in 1998 with the aim of making HSBC the leading provider of Islamic financial services worldwide. With established and successful operations in the Middle East, Asia-Pacific and Europe, HSBC AmanahHSBC Amanah
represents the largest and most comprehensive Islamic proposition of any international bank.With the global resources of the HSBC Group at its disposal, and the largest Islamic finance team of any international bank, HSBC AmanahHSBC Amanah
is uniquely positioned to understand, structure, and distribute financial services that are compatible with the requirements of Shariah (Islamic Law).
For further information please contact:
Lucy Kelly
Corporate Communications Manager, HSBC Amanah
+971-56-6039871/ lucykelly@hsbc.com
© Press Release 2010
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