www.ap.hsbcnet.com/country/ae/islamic_banking.html -
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Published on: 6/23/2008
Last Visited: 1/17/2009
Nabeel Shoaib, Global Head of HSBC Amanah, said the provision of Islamic financial services reflects HSBC's responsiveness to customer needs.
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Nabeel said the key differentiators for HSBC Amanah are its strong brand and a reputation for innovation.
"We are always working towards improving the quality of our product propositions, which includes enhancing customer experience through increased levels of education of our sales force and setting up of an efficient technology platform that can facilitate Shariah-based financial solutions."
Nabeel noted that HSBC Amanah was recently named the best international Islamic bank by Euromoney.
"We see our long-term local presence, our global reach, and the depth of our services for clients from as many as 20 countries and beyond as key strengths.
Above all, we aim to be the trusted adviser to our clients, which means that we have to work with them first to truly understand their needs and to then deliver the most appropriate solutions.
This way we have built, and will continue to build, long-standing partnerships with our clients which endure across regions and across generations."
Nabeel Shoaib, Global Head of HSBC Amanah
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Nabeel Shoaib, Global Head of HSBC Amanah
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Malaysia is another country where we continue to do very well, so this market will remain on our radar," said Nabeel.
However, as understanding of the principles of Islamic finance principles spread beyond the Islamic world, the financial industry should not underestimate the sector's potential.
"Even non-Muslim countries have started to open up for Islamic banking, which can only be promising for the industry," added Nabeel.