Cempaka Business and Economy: HSBC to get into sharia banking

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Tuesday, March 27, 2007

HSBC to get into sharia banking

The Jakarta Post, Jakarta

HSBC Indonesia is set to accommodate increasing Indonesian demand for sharia financial services, after providing similar services globally for more than a decade.

"Indonesia is the largest Muslim country in the world. We see a growing number of Islamic customers who want to have sharia financial services, and we think we should provide that," HSBC Group chairman Stephen K. Green said Monday.

"It's also good momentum as the macroeconomic environment is quite attractive. This young market is about to develop."

The bank, which initially introduced Islamic financial services in Malaysia in 1994, sees potential market growth as fast as that projected by Bank Indonesia (BI), the nation's central bank.

"At the moment, only 1.5 percent of the overall banking market is Islamic. BI has said by the end of 2008... that (figure) would move up to 5 percent," said HSBC's Indonesia CEO Richard McHowat.

The bank has targeted attracting 200,000 new sharia customers over the next three years, raising about US$300 million in liabilities.

According to HSBC's survey, about 40 percent of conventional banking customers here are interested in sharia financial services.

In 2003, HSBC also established a sharia unit providing sharia-based corporate financial services.

Meanwhile, Din Syamsuddin, the chairman of Indonesia's second-largest Muslim organization, Muhammadiyah, said the government should provide more assistance to encourage sharia banking in the country.

"The government should provide regulations to guarantee the flourishing of sharia banking because such mechanisms can be a solution to economic problems," he said.

In addition, he said, sharia financial practices did not necessarily correspond with the implementation of Islamic bylaws. "(Sharia banking) merely provides alternative products in the banking industry."

Indonesia will be the eighth country -- after Malaysia, the United Arab Emirates, Saudi Arabia, the United States, Britain, Brunei and Singapore -- where HSBC provides sharia retail products.

Similar sharia products are currently provided in Indonesia by various banks, including sharia banking pioneer Bank Muamalat Indonesia, Bank Syariah Mandiri, Bank Mega Syariah, Bank Negara Indonesia and Bank Rakyat Indonesia.

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Tuesday, March 27, 2007

HSBC to get into sharia banking

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