HSBC Amanah Securities Services is now offering Shariah compliant fund accounting and administration, global custody, transfer agency, banking and treasury services in 17 markets across the Middle East, Asia-Pacific, Europe and the Americas.
It has teams on the ground in each market, and offering its clients advice and assistance in their own time zone, language, and currency.
HSBC Amanah Securities Services head Germain Birgen said while they have serviced their clients in a number of locations with locally implemented Islamic solutions, they now present a globally consistent offering.
"Customers stand to benefit from our end-to-end Shariah compliant securities services proposition, including access to HSBC Amanah’s liquidity, risk management and Shariah compliant investment solutions," Birgen said.
Amanah deputy CEO Razi Fakih said their teams of Shariah scholars have ensured that HSBC Amanah Securities Services is certified by, and strictly aligned to, Shariah principles.
"The launch of HSBC Amanah Securities Services demonstrates our continuing commitment to offering best in class products and services that are designed to meet the needs of our customers," Fakih said.
