Security Center
ATM & BranchesHSBC Saudi Arabia launches Amanah Sukuk Fund
|
Wealth Management
Low Limit Credit Cards
Debit Cards
Prepaid Card
ICSAB+
Finance
Help & Support
Help & Support
Tools & Resources
Ways to Bank
Help & Support
ESG at SAB
Security
How can we help?
Filter
Looks like we don’t have any matches for
Try a different search term or check out some of our suggestions below.
Frequently Asked Questions
Have questions about SAB banking services? Let us help you with these frequently asked questions.
FAQS
Customer Service
Our friendly Customer Support team are on hand to help with any queries you have. We're here to help!
Contact UsQuick Links
Filters
HSBC Saudi Arabia has launched its new HSBC Amanah Sukuk Fund. The open-end Shariah compliant fund aims to provide investors with income stabilizing and potential growth over the medium-to-long term by investing in local and international Sukuks. The Fund also invests in Shariah compliant money market funds, term deposits and certificates. The performance of the Fund is measured against a composite benchmark which includes HSBC/NASDAQ Dubai Amanah US Dollar Sukuk Index. One of the main features of the fund is the income distribution, whereby earned income will be distributed to customers on a quarterly basis. Osamah Shaker, MD Head of Financial Markets at HSBC Saudi Arabia said "Among our broad spectrum of investment products, we are pleased to offer customers the ability to invest in local and international Sukuks through our new fund. We believe investment in Sukuks is essential for any comprehensive Shariah compliant investment portfolio. Date: 02-19-2012
Your are now leaving this site
Your are now leaving this site
You are about to leave this site. You are being redirected to an external site. Would you like to leave this site?
© SAB, Saudi Arabia. All Rights Reserved, 2024
Saudi Awwal Bank, a listed joint stock company, incorporated in the Kingdom of Saudi Arabia, with paid in capital of SAR 20,547,945,220, commercial registration certificate 1010025779, unified number 7000018668, Mailing Address: P.O. Box 9084, Riyadh 11413. National Address: 7383 King Fahad Branch Rd, 2338 Al Yasmeen Dist., 13325 Riyadh, Kingdom of Saudi Arabia, Tel. +966 11 4050677, www.sab.com, licensed pursuant to the Council of Ministers Resolution No. 198 dated 06/02/1398H and Royal Decree No. M/4 dated 12/08/1398H, and regulated and supervised by the Saudi Central Bank.