HSBC offers Islamic FX options in London

"Traditionally the demand for the sharia-compliant product has come from the Middle East and what we've seen over the past year or so is that demand has started to come from our European clients, from private banks, retail clients and corporates," said Danny Goldblum, global head of FX and precious metals structuring in London. "For that reason it was prudent to start the business up on the London platform."

The rollout is part of a wider initiative to globalise the bank's Islamic offering across

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