Dhaka, Bangladesh (BBN)– HSBC Amanah has again been named the “Best International Islamic Bank” by Euromoney magazine, in its Islamic Finance Awards 2011.

The awards are widely considered to be the most high profile accolades in the Islamic finance industry and annually recognize outstanding performance, quality, service, and innovation in the sector.

Mukhtar Hussain, Global CEO of HSBC Amanah, said: “HSBC Amanah is delighted to be at the forefront of a global industry which increases in scale, sophistication and penetration each year. Shariah-compliant financial services continue to grow in line with customer demands and HSBC Amanah is proud to be recognised as the premier, cross-border financial institution by Euromoney.”

HSBC Amanah is the global Islamic financial services division of the HSBC Group. Established in 1998, with more than 300 professionals serving the Middle East, Asia-Pacific, Europe and Africa, HSBC Amanah represents the largest Islamic financial services team of any international bank. HSBC Amanah products and services are offered in Bangladesh, Saudi Arabia, the UAE, Malaysia, the UK, Indonesia, Brunei, Singapore, Bahrain, Qatar and Mauritius.

In Bangladesh, HSBC Amanah offers a comprehensive range of Shariah compliant products for both personal and commercial customers. In addition, the Bank also operates an “Amanah exclusive” branch in Dhaka.

BBN/SSR/AD-28Feb11-1:25 am (BST)