Commit to Change
The world's local bank- Global – HSBC Financial Literacy Programme
- USA – Foundation for Teaching Economics
- Hong Kong – HSBC Living Finance
- UK – UNIAID
- UK – Tuska and Pepi
- Global – Junior Achievement/Young Enterprise
- Hong Kong, Malaysia, the Philippines, Thailand, Bangladesh and Vietnam – HSBC Young Entrepreneur Awards
- UK – Made in Brunel
- Hong Kong – Social Entrepreneurship Programme
- USA – Islamic Finance Project
- UK – Management Academy Programme
- UK – What Money Means
USA – Islamic Finance Project
Islamic Finance* and Investment is based on laws and ethics from Islamic law. The Islamic Legal Studies Program at Harvard University, Massachusetts, USA first involved itself in the study of Islamic finance and banking with the establishment of the Center for Middle Eastern Studies in 1994. The study has since grown and expanded.
HSBC's Amanah* division has supported the Islamic Finance Project, part of the Islamic Legal Studies Program since the late 1990s. The project aims to study the field of Islamic finance from the legal and Shariah points of view by analysing contemporary scholarship, inducing collaboration among scholars within and outside the Muslim world, and increasing the interaction between theory and practice in Islamic finance.
To find out more about HSBC’s Amanah division, click here.
Islamic Finance: Financial services that meet the requirements of the Shariah, or Islamic law. While designed to meet the specific religious requirements of Muslim customers, Islamic banking is not restricted to Muslims: both the financial services provider and the customer can be non-Muslim as well as Muslim.
Amanah: Trust, with associated meanings of trustworthiness, faithfulness and honesty. As an important secondary meaning, the term also identifies a transaction where one party keeps another's funds or property in trust. This is in fact the most widely understood and used application of the term, and has a long history of use in Islamic commercial law. By extension, the term can also be used to describe different financial or commercial activities such as deposit taking, custody or goods on consignment.
