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HSBC Islamic Hedging, Investment Grew Double-Digits in 2011

HSBC Holdings Plc’s (HSBA) Islamic risk management business posted double-digit growth last year on rising demand for Shariah-compliant hedging and investment products. The bank has “more than 100 Islamic hedging and investment products, from about 10 products two and a half years ago,” Abhishek Mishra, head of multi-asset structuring at…

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