HSBC Holdings Plc (HSBA)
HSBC Ceases Selling Retail Shariah-Compliant U.K., UAE Loans
Fri, 2012-10-05 11:53 — newsdeskHSBC 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...
Sharjah Islamic Bank hires HSBC, StanChart for Sukuk sale
Mon, 2011-05-09 21:51 — newsdeskHSBC Holdings Plc (HSBA) and Standard Chartered Plc (STAN) were employed to take care of the sale of Islamic bonds for Sharjah Islamic Bank (NBS) PJSC.
The bank announced that the dollar-denominated sukuk will be sold subject to market conditions and after fixed-income investor meetings in the Middle East, Asia and Europe.
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