1 Hong Leong Bank
2 International Islamic Bank for Investment and Development (IIBID)
3 National Bank of Pakistan (NBP)
4 Standard Chartered Islamic banking
5 The Islamic Bank of Asia Limited
6 DBS Bank
7 CIMB Islamic Bank
8 Bank Mandiri
9 BNI group
10 Bank Islam
Trading
List of Islamic Banks in Hong Kong
Published by Gbaf News
Posted on April 3, 2013
1 min read· Last updated: June 11, 2018
Key Takeaways
- Hong Leong Bank launched the first Islamic Banking window in Hong Kong recognized by both Malaysia’s central bank and the HKMA.
- CIMB Islamic and Hong Leong established Islamic banking windows in Hong Kong in 2008, expanding Shariah‑compliant services.
- Standard Chartered provides Islamic (Saadiq) banking through its Hong Kong subsidiary with global Shariah‑compliant offerings.
- Hong Kong is positioning itself as a growing Islamic finance hub in North Asia, with rising interest in sukuk issuance.
References
Frequently Asked Questions
What makes Hong Leong Bank notable in Islamic banking in Hong Kong?
It was the first bank in Hong Kong recognised by both the Central Bank of Malaysia and the Hong Kong Monetary Authority to launch Islamic banking services.
When did CIMB Islamic begin offering Islamic services in Hong Kong?
CIMB Islamic launched a Shariah‑compliant interbank product in Hong Kong in 2008, marking its entry into the market.
Does Standard Chartered offer Islamic banking in Hong Kong?
Yes, through its Saadiq Islamic banking network, Standard Chartered provides Shariah‑compliant retail and corporate products in Hong Kong.
Is Hong Kong developing as a hub for Islamic finance?
Yes, Hong Kong is positioning itself as an Islamic finance centre in North Asia, with increasing inquiries about sukuk issuance.
Tags
Related Articles
Tech rally boosts Asian stocks, dollar firms on rate-hike wagers
Yen squeezed as hawkish turn grips central banks
Houthis push for control of Yemen highlands as Trump is said to have called off strikes
EU's Kallas says Red Sea mission needs more than 10 warships
Macron says he discussed Ukraine-Russia energy truce ideas with Trump
More from Trading
Explore more articles in the Trading category
Why Market Depth Is Becoming a Better Liquidity Signal Than Spreads Alone
TetherMax Introduces Cashback Rate Guarantee Across Supported Crypto Exchanges
Why Execution Quality Is Becoming Harder to Measure in Fragmented Markets
How to Read a UK Forex Broker Comparison Beyond EUR USD Spreads
Why Market Liquidity Is Becoming More Fragmented Across Trading Venues
Why Settlement Cut-Off Dispersion Is Becoming a Cross-Border Liquidity Cost
Why Execution Drift Is Becoming a Bigger Trading Risk Than Signal Decay
How AI-Driven Currency Automation Is Narrowing the Divide Between Retail and Professional Forex
How Multi-Asset Brokers Support More Efficient Retail Trading
Why T+1 Is Turning Securities Settlement Into a Liquidity Management Problem
How Passive Investing Is Changing the Mechanics of Price Discovery
Why Index Rebalancing Is Becoming a Bigger Trading Event