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Wednesday, April 23, 2008

HSBC Amanah Syariah

Wherever you may be, it is our aim to meet your particular financial needs through your preferred channels. We also understand that customers demand more choice and greater flexibility in their day-to-day banking, which is why we are proud to introduce an alternative concept to conventional banking.

HSBC, with its global brand "HSBC Amanah", was the first foreign bank to start providing sharia- compliant banking services in Indonesia in 2003, locally known as HSBC Amanah Syariah. By regulation, for any "Unit Usaha Syariah", the word "Syariah" must be incorporated at the end of the bank's name, accordingly we are known as HSBC Amanah Syariah.
Syariah finance is a unique form of commerce in which financial products and services offered to investors and customers are structured so as to comply the Shariah law. From its opening in 20 October 2003, HSBC Amanah Syariah has been focusing on the corporate sector to meet their financing requirements by arranging Syariah corporate deal from a plain vanilla Murabahah financing to a complex syndicated deal.
After successfully offering products to corporate customers, HSBC Amanah Syariah launched services to retail clients on March 26, 2007. Syariah banking products and services are open to all people, both Muslims and non Muslims.

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