“Since the launch of the HSBC Amanah finance, many Muslims have opened accounts and used the system to buy property, take loans, e.t.c. they have portrayed themselves as being “sensitive to Muslim needs” within the banking system, therefore grabbing a piece of the market which was previously untouched by any high street banking institution. No doubt this has contributed to HSBC declaring last year a profit of £9bn which if calculated equals £327 per second. However Muslims need to think again about banking with HSBC. In Britain’s recent war on Muslims, the authorities have been requesting banks to close accounts of Muslims in Britain without giving any reason or explanation. ‘Amanah’ means trust, however through the actions of HSBC they have clearly demonstrated that they cannot be trusted with your money and instead are taking advantage of you. ” (full article here)

Mumbai, June 27, 2005 - HSBC, under its CSR initiative, is training their employees to be ‘green’ (environment-friendly), and has earmarked a $50 million spend over a five-year period to help communities across the globe protect the environment. HSBC India’s senior vice-president and head-SME, commercial banking, Royston Braganza, said, “Our initiative, investing in nature, includes three programmes within its fold—earth watch, fresh water projects in rivers such as Yangtse, Rio Grande and Amazon in China and the US and a project with the Botanic Gardens Conservation International (BGCI).”

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