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HSBC Amanah Malaysia Berhad

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HSBC Amanah Malaysia Berhad is a fully fledged Islamic bank in Malaysia, wholly owned by HSBC Bank Malaysia and a member of the HSBC Group.

Last updated September 1, 2026

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Overview

HSBC Amanah Malaysia Berhad is a fully fledged Islamic bank incorporated in February 2008 and commenced operations in August 2008. It is wholly owned by HSBC Bank Malaysia and a member of the HSBC Group. The bank offers Islamic financial services including credit cards, deposits, personal financing, and wealth management.

History

HSBC's presence in Malaysia dates back to 1884 when The Hongkong and Shanghai Banking Corporation Limited established its first branch in the country/region in 1884 on the island of Penang. HSBC has been offering Islamic financial services in Malaysia since 1994. HSBC introduced Islamic banking globally in 1998. In 2004, the HSBC Amanah brand was launched globally. In November 2007, HSBC Bank Malaysia Berhad was the first locally incorporated foreign bank in Malaysia to be awarded a license by Bank Negara Malaysia to set up an Islamic banking subsidiary. HSBC Amanah Malaysia Berhad was incorporated in February 2008 and commenced operations in August 2008.

Products and positioning

  • HSBC Amanah Premier

    Premium banking account offering up to 4.28% p.a. on Term Deposit-i and rewards worth up to RM20,000.

  • Term Deposit-i

    Islamic term deposit product.

  • Global Money Transfers

    Send money like a local to over 50 countries and territories with preferential rates and zero transfer fees.

  • Premier World Credit Card-i

    Credit card offering unlimited cashback and complimentary lounge access.

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