News
HSBC Amanah growth continues launches shariah-compliant products in Mauritius
11 May 2009
HSBC Bank (Mauritius) Limited has launched Islamic banking products for business customers. The Bank is introducing two products under the HSBC Amanah brand a current account and a term investment account. It is expected that these will be added to over time in line with customers' requirements.
With this launch, HSBC Bank Mauritius becomes the first bank in Mauritius to offer Shariahcompliant banking services.
By making use of the knowledge and global experience of HSBC Amanah, HSBC will provide companies with a presence in Mauritius with access to Shariah compliant banking products.
"I am delighted that HSBC is leading the growth of Islamic Banking in Mauritius," said Mukhtar Hussain, Global CEO of HSBC Amanah. "Our experience in other parts of the world is that business banking customers have demanded banking services that comply with Shariah, and Mauritius with its strong connections to the Middle East and the Indian subcontinent, is no different. This is a customer-driven business, and HSBC Amanah is one of the world's most trusted Islamic financial brands."
Giving further details on this historic launch, Blair Harden, Managing Director of HSBC Bank Mauritius advised "that Islamic banking services are a natural extension of HSBC's product range as we wish to appeal to investors with Shariah requirements not only from the Middle East but from other jurisdictions using Mauritius as a gateway into Africa and Asia. With HSBC's global capabilities, we are able to provide world-class HSBC Amanah banking products to our business client base."
- Media Enquiries
- If you are a member of the press and you require further information, please contact the HSBC Amanah Communications team:
- Rosana Gulzar Mohd
Corporate Communications Manager – HSBC Amanah
Phone: 971 4423 5607
Mobile: 971 5668 32759
E-mail: Rosana Gulzar Mohd
About HSBC Amanah
HSBC Amanah is the global Islamic financial services division of the HSBC Group. Established in 1998, with more than 300 professionals serving the Middle East, Asia-Pacific, Europe and the Americas, HSBC Amanah represents the largest Islamic financial services team of any international bank.
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Careers at HSBC Amanah
As one of the newest business areas in HSBC Group, HSBC Amanah presents a unique work environment.
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Glossary and FAQ
View definitions of the most commonly used terms in Islamic banking in our glossary.
View the most frequently asked questions about HSBC Amanah and about Islamic banking in our FAQ section.
Contact us
For questions about products please contact your local HSBC Amanah office.
For general information or queries that cannot be directed to a specific regional office, please e-mail us at hsbcamanah@hsbc.com.
