HSBC Amanah named Most Outstanding Islamic Private Banking

Notes and media contacts

Media enquiries to Dina Kotby, Manager Corporate Communications, HSBC Bank Middle East Limited, on tel. 04 3906634

1. HSBC Amanah
HSBC Amanah is the Global Islamic financial services division of the HSBC Group. It is responsible for the development of Islamic financial products for distribution to customers of the HSBC Group. Its aim is to ensure that HSBC is the leading provider of value added Islamic financial products and services. Headquartered in London with regional representations in Bangladesh, Brunei, Indonesia, Malaysia, Saudi Arabia, Singapore, UAE, and USA, HSBC Amanah is uniquely positioned to understand, structure and deliver financial solutions that are compatible with the requirements of Shariah (Islamic law).
The HSBC Shariah Supervisory Committee comprises:
Justice (Retd.) Muhammad Taqi Usmani
Shaykh Nizam Yaquby
Dr. Mohamed Ali Elgari
Dr. Muhammad Imran Ashraf Usmani

2. HSBC Holdings plc
HSBC Bank Middle East Limited has been a principal member of the HSBC Group since 1959. Serving over 125 million customers worldwide, the HSBC Group has some 9,500 offices in 76 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of US$1,738 billion at 30 June 2006, HSBC is one of the world's largest banking and financial services organisations. HSBC is marketed worldwide as 'the world's local bank'.