HSBC Ceases Selling Retail Shariah-Compliant U.K., UAE Loans
HSBC decied to exit the get out of the Shariah-compliant business in the U.K., the UAE, Bahrain, Bangladesh, Singabpor and Mauritius due to high local competition and relatively small market size where there is not sufficient scale to be economic.
See also under: http://www.bloomberg.com/news/2012-10-04/hsbc-ceases-selling-retail-shar...
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