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Islamic Finance Briefing - Categorized | Investment, Islamic Hedge Funds, Performance more

HSBC Islamic hedging, investment grew double-digits in 2011

Posted on 24 April 2012

HSBC Holdings Plc’s (HSBA) Islamic risk management business posted double-digit growth last year on rising demand for Shariah-compliant hedging and investment products.
“The depth and variety of these Shariah-compliant risk management products are now almost on par with conventional,” Abhishek Mishra, head of multi-asset structuring at HSBC Global Banking and Markets, Middle East and North Africa, said in an e- mailed statement. He forecasts similar growth in the bank’s Islamic hedging and investment business in 2012………………………………………..Full Article: Source

 
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