HSBC Amanah has again been named the Best International Islamic Bank by Euromoney magazine in Islamic Finance Awards 2011, HSBC said in a statement yesterday.

The awards are widely considered to be the most high profile accolades in Islamic finance industry, and annually recognise outstanding performance, quality, service, and innovation in the sector.

“HSBC Amanah is delighted to be at the forefront of a global industry which increases in scale, sophistication and penetration each year,” said Mukhtar Hussain, global chief executive officer of HSBC Amanah.

Shariah-compliant financial services continue to grow in line with customer demands and HSBC Amanah is proud to be recognised as the premier, cross-border financial institution by Euromoney, the statement added.

HSBC Amanah, established in 1998, is the global Islamic financial services division of the HSBC Group. More than 300 professionals are working in the Middle East, Asia-Pacific, Europe and Africa for the division.

HSBC Amanah products and services are offered in Bangladesh, Saudi Arabia, the UAE, Malaysia, the UK, Indonesia, Brunei, Singapore, Bahrain, Qatar and Mauritius.

News: The Daily Star/ Bangladesh/ Mar-02-2011