24.04.2012 - HSBC Islamic hedging, investment grew double-digits in 2011
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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