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 ôCommodity Murabaha-Iö, which you may know is based on the concept of ædeferred payment saleÆ. That concept ensures that the underlying is an actual commercial transaction, which is required under Shariah law.áIt allows...
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