Amanah

According to Amanah's charter, membership is open to all Malaysians above the age of 18.

"I hope the people of Marawi will, in turn, help sustain the Al Amanah branch with their deposits and their businesses.

Mohammed Kateeb, Path Solutions' group chair & CEO, said, 'It's a significant landmark not just for Trustbank Amanah, but for the banking industry in South America.

After two years of preparation, Trustbank Amanah is ready to serve Surinamese society in Islamic financing.

In a recent interview with Gulf News, Razi Fakih, Deputy CEO of Global HSBC Amanah, said that about 80 per cent of the world's Muslims live in Asia and the Middle East.

HSBC Securities Services (HSS) and HSBC Amanah have launched HSBC Amanah Securities Services, which is a global service for Islamic fund managers.

The HSBC Amanah Multi Assets Growth Fund achieved a return of 8.88 per cent during 2010 while its two years cumulative return was 38.41 per cent.

Amanah Raya will control 55% in the new entity while joint venture partners Development Bank Kazakhstan and broker Fattah Finance will hold 40% and 5%, respectively.

Fakih said in Malaysia, Amanah, will have 10 branches by the end of the year and targets 26 branches by mid-2012.

HSBC Amanah Premier is available in Bahrain, Malaysia, Saudi Arabia (through SABB Amanah as SABB Amanah Premier), UAE, Indonesia and Qatar.

oHSBC Amanah has developed this savings account after listening to what our customers want,o said Rasheed.