HSBC coupled depth in liquidity structuring with Islamic innovation to further develop its cash management proposition in Malaysia.
In a global first for the group, the bank’s Islamic banking subsidiary HSBC Amanah launched a Shariah-compliant Balance Consolidation Facility-i, enabling Islamic corporates to notionally pool multi-currency balances, thus optimising yield while maintaining Shariah compliance. This was followed by a Shariah-compliant USD liquidity facility proof-of-concept, signalling new avenues for Islamic financial institutions to enhance returns within accepted principles.
Its bulk real-time disbursements have materially reduced payout frictions for Malaysia’s new-economy clients
Execution speed was the bank’s second pillar of accomplishment.
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