HSBC offers international Islamic personal banking service


KUALA LUMPUR: HSBC Amanah Malaysia Berhad is proud to launch the HSBC Amanah Premier to provide the world’s first globally linked-up Islamic banking service for the benefit of internationally mobile and affluent customers in Malaysia.

HSBC Amanah Premier is a cross-border Islamic banking service that offers customers access to HSBC Premier with Shariah compliant banking and wealth management products.

“HSBC’s conventional Premier proposition has already attracted over 3.1 million customers around the world since its inception in 2007. In view of the increasing mobility and growing number of affluent Muslim population in Malaysia, we believe this is the right time to introduce a Shariah compliant Premier service to support the evolving lifestyle of customers with a preference for Islamic banking,” said Mukhtar Hussain, chairman, HSBC Amanah Malaysia (also deputy chairman and chief executive officer of HSBC Bank Malaysia and Global CEO of HSBC Amanah).

“With HSBC Amanah Premier, customers are able to open overseas accounts within HSBC group’s network from Malaysia, with the transfer of credit history. They can also view and manage all their international accounts on one ‘Global View’ through HSBC Amanah’s internet banking, and make free fund transfers between their own accounts,” he explained.

According to Musa Abdul Malek, executive director and chief executive officer of HSBC Amanah Malaysia: “By leveraging on HSBC’s extensive footprints and international expertise, HSBC Amanah Premier gives our Islamic banking customers in Malaysia peace of mind by assisting them with their financial management even when they travel overseas or move abroad.”

With an HSBC Amanah Premier account, customers visiting any of the 40 markets where HSBC operates will be recognised as an HSBC Amanah Premier customer and given priority assistance and worldwide emergency support such as emergency cash advance, next day credit card replacement and expert local advice.

The international banking benefits that HSBC Amanah Premier provides will cover our customers as well as their families.

HSBC Amanah Premier customers are required to maintain an average monthly total relationship balance of RM200,000 or more.

HSBC Amanah Premier customers have access to more than 350 international Premier Centres in other major cities around the world. Each location will have access to the information needed to serve Amanah Premier customers and provide local advisory services. HSBC Amanah Premier products are also available in Indonesia, Saudi Arabia, UAE, Qatar and Bahrain.