There are only a few truly global banking institutions that provide a full range of sophisticated shariah-compliant advice, products and services. HSBC leads this select group, making it Euromoney’s best international Islamic bank for 2024.
Its leadership was evident across multiple areas last year, from sukuk, murabaha, trade and supply-chain financing, to sustainable and structured finance, hedging, securities services, wealth and personal banking. Its head of Islamic finance is Mohammed Dawood.
Extensive coverage from wholesale to retail banking, principally through its Malaysia-based Islamic banking business HSBC Amanah, is one of the bank’s key strengths.
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