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
German railway operator stops trains citing nationwide IT malfunction
Trading Day: Chip wreck
Soccer-Scotland look to give Tartan Army reason to drink Miami dry after Brazil clash
Analysis-Alo Yoga primed for public offering or sale after owner's sale of wholesale T-shirt business
Nord Stream 2 pipeline owner sues EU over Russian gas ban
More from Trading
Explore more articles in the Trading category
Why the Best Traders Spend More Time Reading Markets Than Predicting Them
Why Smart Traders Are Learning to Respect Market Silence
Why the Best Traders Learn to Read Risk Before Price
The Trading Skill That Becomes More Valuable as Markets Get Faster
The Trading Question That Matters More Than Market Direction
The Trading Discipline That Matters Most When Markets Move Too Fast
The Trading Advantage Hidden in Plain Sight: Why Market Context Matters More Than Signals
The Overlooked Trading Edge: Why Adaptability Is Becoming More Valuable Than Accuracy
The Hidden Force Behind Modern Trading: Why AI Is Making Markets More Emotional
The Trading Advantage Hidden in Time: Why Market Timing Is Often Misunderstood
The Market Clue Most Traders Miss: Why Capital Flows Matter More Than Headlines
The Hidden Force Behind Every Trade: Why Market Confidence Matters More Than You Think