Feb 22 2011 |
more articles from
|
HSBC Amanah is Euromoney's Best International Islamic Bank for second year
HSBC Amanah has again been named Best International Islamic Bank by Euromoney magazine, in its Islamic Finance Awards 2011. The awards are widely considered to be the most high profile accolades in the Islamic finance industry and annually recognise outstanding performance, quality, service, and innovation in the sector.
Besides Best International Islamic Bank, HSBC Amanah has also won the Best Sukuk House award for the second consecutive year, in recognition of its leading role in Islamic debt capital markets.
In 2010,
HSBC Amanah
continued to grow its operations in the core markets of Saudi Arabia, UAE, and Malaysia, while expanding in key growth territories of Indonesia, Bangladesh, Bahrain and the UK. The business also continued to lead in several global, landmark transactions, including:
* Largest Sukuk deal of the year:
Saudi Electricity Company
's SAR 7 billion Sukuk
* Largest US dollar sovereign Sukuk: US$1.25 billion Government of Malaysia Sukuk
* World's largest Shariah-compliant REIT and first Shariah-compliant listing in Singapore: US$664.4 million Sabana REIT
* First project finance Sukuk by a foreign borrower in the Malaysian Ringgit capital markets: Trans Thai-Malaysia (Thailand) Limited MYR 600 million Sukuk
Mukhtar Hussain, Global CEO of
HSBC Amanah
, said: "
HSBC Amanah
is delighted to be at the forefront of a global industry which increases in scale, sophistication and penetration each year. Shariah-compliant financial services continue to grow in line with customer demands and
HSBC Amanah
is proud to be recognised as the premier, cross-border financial institution by Euromoney.
HSBC Amanah
will continue to invest in our franchises both in the Middle East and Asia. The potential for the industry remains considerable but further efforts will need to be made to institutionalise and operationalise best practices. Notwithstanding the challenges, this remains an exciting era of opportunities."
-Ends-
About
HSBC Amanah
HSBC 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 Amanah
offers the largest and most comprehensive Islamic proposition of any international bank.
For further information, please contact:
Rosana Gulzar Mohd
HSBC Amanah corporate communications
+971-44-235607/ rosanagulzar@hsbc.com
Zawya Comment Policy
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Copyright © 2012 Zawya Ltd. All rights reserved. |
provided by www.zawya.com |
Post Your Comment