HSBC launches Islamic Finance in Malaysia
HSBC was the first foreign bank in Malaysia to launch Islamic banking in 1994 through existing infrastructure under a “window” operations.
HSBC establishes Islamic Finance globally
This initiative was to capture new opportunities for the HSBC Group through enhanced service platform and differentiated proposition.
HSBC Bank Malaysia Berhad launches its first Islamic Charge Card in Malaysia
HSBC launched its first Islamic Charge Credit Card based on Shariah principles in the market.
Launch of HSBC Amanah
HSBC registered its global brand for HSBC Islamic Finance.
HSBC Malaysia launches new Shariah-Compliant initiatives
HSBC Malaysia launched the 1st Shariah-compliant structured investment product in Malaysia: HSBC Amanah Islamic Dual Currency Structured Investment.
HSBC Malaysia also presented HSBC Amanah's first zakat payment to Pusat Pungutan Zakat, Wilayah Persekutuan.
HSBC Malaysia Launches More Islamic Initiatives
HSBC Bank Malaysia launched HSBC Amanah Wealth Management Proposition, the first full suite of Islamic financial planning solutions in Malaysia.
In November 2007, HSBC Bank Malaysia became the first locally incorporated foreign bank to be awarded licence to set up an Islamic Banking Subsidiary by the Central Bank of Malaysia.
HSBC Amanah Malaysia Berhad: The Beginning
In February 2008, HSBC Amanah Malaysia Berhad, the new fully fledged Islamic bank wholly owned by HSBC Bank Malaysia was incorporated.
In August 2008, HSBC Amanah Malaysia commenced its operations.
In November 2008, the first branch of HSBC Amanah Malaysia, located in Bandar Utama, was opened. This was followed by the second branch in December 2008 at Juru Auto City, Penang.
HSBC Amanah was officially launched by Y.Bhg. Tan Sri Dato' Sri Dr. Zeti Akhtar Aziz, the Governor of Bank Negara Malaysia ("BNM") in One-Utama Shopping Centre, Petaling Jaya.
The HSBC Amanah Scholarship Programme was launched this year as part of HSBC Amanah Malaysia's efforts to support human capital development in Islamic finance. Two undergraduates became the first two recipients of the HSBC Amanah Scholarship.
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A Global Shariah Advisory Board and Regional Shariah Committees for HSBC Amanah.
Notice: Reduction in Interbank GIRO Fees and Increase in Cheque Processing Fee
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