HSBC talks about its Shariah-compliant structured product in Malaysia
Malaysia's first Shariah-compliant dual-currency, structured investment product is now on offer. Here's how it works.
As Malaysia continues to try to establish itself as the Asian hub for Islamic financing, HSBC has stepped up its offerings. Earlier this month, HSBC Bank Malaysia launched the nation's first Shariah-compliant consistent with Islamic law dual-currency, structured-investment product.áHSBC's Adrian Loo,áhead ofáwealthámanagementásales, Malaysia, talks about the new offering.
What is this new structured product
The HSBCáAmanah Islamicádualácurrencyástructuredáinvestment is an Islamic compliant version of a dual currency structured product. It is made of two components.
The first part is the...
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