Shariah-compliant investing for SMEs
HSBC Amanah Term Investment is a Shariah-compliant short to medium-term investment solution that allows corporations to earn returns in a Shariah-compliant manner with HSBC.
United Arab Emirates: Wednesday, March 08 - 2006 at 14:20
When it comes to taking care of your investments, you need a trusted partner like HSBC Amanah.
We understand your values first, then give you services and products that meet the highest global standards, reflecting our concern for your investments, and our belief in your ambitions and goals.
HSBC Amanah Term Investment is a Shariah-compliant short to medium-term investment solution that allows corporations to earn returns in a Shariah-compliant manner with HSBC.
Your funds in this product will be invested in commodities (metals), which you will sell to the bank on the basis of Murabaha contract - sale of assets at a cost plus stated profit payable after a pre-determined investment period/tenor.
Key Features
- Minimum Investment amount of AED 50,000 or equivalent in foreign currency
- Varied investment periods and the option to automatically re-invest the investment amount and Murabaha profit for an additional term.
- There is an option of investing in AED, GBP, USD, EURO or other currencies
HSBC Shariah Supervisory Committee
HSBC Amanah Current Account for Business is approved by the HSBC Shariah Supervisory Committee, an independent committee of qualified scholars of international repute.
HSBCWednesday, March 08 - 2006 at 14:20 UAE local time (GMT+4)
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This Article was updated on Sunday, April 22 - 2007
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