Islamic finance is developing at a remarkable pace. Since its inception three decades ago, the number of Islamic Financial institution worldwide has risen from one in 1975 to more than 300 today in more than 75 countries. They are concentrated in Middle East and Southeast Asia, but are also appearing in Europe and the United States. Total asset worldwide are estimated to exceed US$ 700 billion, and are growing at an estimated 15-20 percent a year, making Islamic finance one of the fastest growing segments of the global financial markets.

HSBC's entrance into Islamic finance started in 1994, where it was the first foreign bank to establish an Islamic unit in Malaysia. In 1998, HSBC established HSBC Amanah, the global Islamic financial services divion of HSBC Group, with the aim of making HSBC the leading provider of Islamic financial services worldwide. Through more than a hundred professionals serving the Middle East, Asia Pacific, Europe and the Americas, HSBC Amanah represents the largest Islamic banking team of any international bank.

At HSBC Amanah, we recognize that customers demand more choice and greater flexibility in their day-to-day banking. That is why HSBC Amanah brings a range of Islamic banking services. As HSBC Amanah grows, it continues to expand our range of services and the number of countries in which it operates.

With headquarter in UK, in recent years, HSBC Amanah expanded rapidly and now offers sharia- compliant services in UK, Brunei, Malaysia, Singapore, Saudi Arabia, the United Arab Emirates, the United States.

HSBC Amanah offers a wide range of sharia-compliant propositions, including corporate institutional banking and markets, retail banking, corporate and middle market, treasury and risk management and wealth management group.

For more information on HSBC Amanah, click on www.hsbcamanah.com

All HSBC Amanah products and transactions are developed in consultation with independent Syariah scholars and approved by them prior to distribution.

HSBC Amanah has won the Euromoney 2007 awards for Best International Islamic Bank, Best Sukuk (Islamic Bonds) House, and Best Islamic Project Finance House.

HSBC Amanah has completed successful and innovative Shariah-compliant financing transactions.