Photo for illustrative purposes only. Buildings in London's financial district on March 6, 2020. Shutterstock

Islamic Finance

Islamic fintech Wahed hires ex-HSBC exec to head UK operations


Islamic fintech Wahed Inc has hired ex-HSBC exec Umer Suleman as its UK operations general manager to expand the company’s services in the country.

Suleman will address the underbanked needs of the UK’s Muslim community while also serving the increasing number of retail investors seeking ethical alternatives to wealth creation, Wahed said in a statement on Thursday (June 24).

Wahed’s new UK general manager spent seven years at HSBC where he started as European Risk Manager before becoming Global Risk Manager, then Senior Regulatory and Operational Risks Programme Manager, and finally Chief Control Officer, according to his LinkedIn profile.

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Islamic Fintech