An online Muslim photo & wallpapers. Islamic wallpapers, latest news & updates.
Islamic Wallpapers
natutre_wallpaper_by _islamic_wallpaper
natutre_wallpaper_by _islamic_wallpaper
Allah Wallpaper
Filed under: Latest News — admin     3:08 pm May 11, 2011

HSBC Bank Malaysia Bhd said it will sharpen the focus on Islamic banking to further ride on the strong demand for

Shariah-based products in the country, executive director and deputy chief executive officer, Jonathan Addis said.

“Overall, we see the Islamic business growing faster than the conventional segment and we will continue to concentrate on this very heavily via our Shariah-compliant unit, HSBC Amanah,” he told Bernama in an interview.

Addis said HSBC Malaysia will continue to invest in the country by opening new branches while more Islamic-based offerings will be rolled out to cater to the growing demand for Shariah-based products.

“We will continue to try and get a new range of products, both from the commercial and lending side, while hedging products for the corporate segment.

“We will also seek to secure products in the area of Shariah-compliant profit rate swap and trade finance while striving to be innovative in this area,” he added.

Asked about lending growth, he said the lending industry is expected to exceed the growth of the country, at between five to six per cent.

“The retail side will remain steady and relatively strong with the personal loans growth still quite strong.

“On the commercial side, we also see a big impact from the Economic Transformation Programme (ETP), with big projects coming in and this will generate growth, in this area,” Addis said.

Source : Bernama. com

No Comments »

No comments yet.

RSS feed for comments on this post. TrackBack URL

Leave a comment


Islamic Wallpapers
We are Hiring
Join Community, Make Friends
Latest News
Urdu News
Hindi News
Kalima Shahada mentioned in Quran
Stories of Sahabah
Popular Quran Quotes
Random 40 Hadith
Modern Muslim Women & Challenges
Marriage & family in Islam
Muslim Women World
Health, Beauty and Islam
Latest Posts
Muslim Women Rights In Islam
Random Photo
  • young Muslim group Egypt
Share
Bookmark and Share
Sponsored Links
  1. Surat Web Design
  2. Web Desgin Company
  3. kolkata Web Design Company
Most Popular Video
Facebook Like
Recent Comment
About Muslim Wallpapers
Islamic Blog provides information about latest Islamic News and updates. The website also contains large number of Islamic wallpapers and photos. You can also get here Islamic knowledge. We have also collected information about latest and relevant Islamic subjects. Apart from this you can find glittering stories off Sahabah.
Copyright © 2022 islamicblog.co.in All Rights Reserved.
POWERED BY : SUHANASOFT