Through the stages of product development, fund segregation and Syariah review, our Syariah advisors ensure that our services are free of interest and within the guidelines for commerce, finance and investment that are prescribed by the Syariah (Islamic law).

The HSBC Amanah central Syariah Supervisory Committee reviews institutional transactions and New products for global distribution. Four scholars of international repute, well versed in both Islamic law and modern finance, serve on this committee:

• Shaykh Nizam Yaquby
  Shaykh Nizam Yaquby is an active scholar in the Islamic banking industry, and acts as an independent consultant based in Bahrain. He has a BA in Economics and Comparative Religion from McGill University (Canada), and is currently completing his PhD in Islamic law at University of Wales (UK).
• Dr. Mohamed A. Elgari
  As an established Islamic economist, Dr. Elgari teaches, writes and works with several institutions in the field. He received his PhD in Economics from University of California (USA), and is currently on the faculty of King Abdulaziz University (Jeddah).
• Dr. M. Imran Usmani
  Dr. Imran Usmani holds a PhD in Islamic Finance. He has also obtained degrees of Alimiyyah and Takhassus (specialization in Islamic jurisprudence) from Jamia Darul Uloom, Karachi. He teaches at Darul Uloom and the Institute of Business Administration (IBA), Karachi.

The Syariah Supervisory Committee for Indonesia consists of:

• Dr. K.H. M.A. Sahal Mahfudh (Chairman)
  K.H. Sahal is the Chairman of Indonesian Ulemma Council (Majelis Ulama Indonesia - MUI), Chairman of Syariah National Committee (Dewan Syariah Nasional - DSN) and Rais Am Nadhlatul Ulama. He lives in Pati, Central Java and is active in his Pondok Pesantren Maslakul Huda. He had the privilege to study in Mecca under direct guidance from Shaykh Yasin Al-Fadani and had obtained Doctor Honoris Causa from Universitas Islam Negeri (UIN) Jakarta.
• Prof. Dr. H.M. Din Syamsuddin
  Prof. Din is the Vice General Chairman for the MUI as well as the Chairman of PP Muhammadiyah. He is a Professor at Islamic Political Thought of Faculty of Ushuluddin and Graduate Program at UIN Jakarta. Prof. Din earned his doctorate degrees from University of California Los Angeles (UCLA), United States, in Islamic Political Thought. Prior to that, he studied at the Faculty of Ushuluddin, majoring in Religion Comparison at IAIN Syariah Hidayatullah and at the Kulliyatul Muallimin Al Islamiyah at Pondok Modern Gontor, East Java.
• Ikhwan Abidin Basri, M.Sc
  Mr. Ikhwan is a member of Syariah National Committee (DSN). He is also member of Shariah Supervisory Boards at several banks in Indonesia. He obtained Bachelor of Science degree in Islamic Economics from International Institute of Islamic Economics, International Islamic University, Pakistan. He also obtained Master of Science degree from the same Institute. He also holds Master of Art degree in Islamic Studies at Jami’ah Salafiyah, Faisalabad, Punjab, Pakistan.

• Bank Indonesia
  Bank Indonesia through the Directorate of Shariah Banking oversee and regulates the Syariah Banking Industry. Bank Indonesia roles and responsibilities are, among others; issue business license for Syariah Bank, conduct general audit to Syariah banks, and issue regulations related to the Syariah Bank industries.
• Dewan Syariah Nasional (DSN)
  Institution formed by the Majelis Ulama Indonesia (MUI) with main roles to deal with Syariah financial institution activities, i.e. to supervise, review, and formulate Syariah principles into a fatwa, so that it can be used as a guideline in Syariah financial transaction.
• Dewan Pengawas Syariah (DPS)
  The main role of DPS is to supervise the Syariah Financial Institution activities in order to be in accordance with the DSN Fatwa.

• Amanah Savings Account Plus - iB
  Amanah Savings Account Plus - iB is a saving account that offers a competitive return fund to customers. Amanah Savings Account Plus - iB is applied on the principle of profit-sharing or as Mudharabah Almutlaqah.
• Amanah Current Account - iB
  Amanah Current Account is an account with a cheque book facility based on the Shariah principle of Wadiah (guaranteed safekeeping). With the HSBC Amanah Current Account, you will be able to do regular banking transactions with ease.
• Amanah Term Investment - iB
  Amanah Term Investment is ideal for you if you're an individual who is looking for a potentially competitive profit rate and prefers Shariah compliant investment products. This product is based on the Shariah principle of Mudharabah (investment partnership).
• Indonesian Government issued Sukuk
  Sukuk is a Shariah compliant bond issued by the Government of Republic of Indonesia, which provide a regular coupon payment.
• Ranges of Shariah compliant Mutual Funds products
  Mutual funds are a pool of money invested in stocks, bonds and money market instruments managed by an independent professional fund managers in order to maximize returns and diversify risks for investors. Shariah compliant mutual funds allocate the assets into various Shariah.
  
  Compliant securities and deposits HSBC distributes Shariah compliant Mutual Funds from reputable Fund Managers such as Manulife, Fortis, and Mandiri Manajemen Investasi.
• Insurance product
  Smart Fund Amanah - iB is a syariah insurance unit link product which can help your financial plan so that you can enjoy the benefits of long-term investment in the capital market and at the same time gives you the insurance protection at affordable price. Smart Fund Amanah - iB gives a protection benefit until reaching the age of 99 years old. The amount of life insurance coverage depends on the amount of the single premium paid.