PDA

View Full Version : HSBC closes down Muslim Charities Account



HumbleServant
07-25-2007, 07:19 PM
PRESS RELEASE

[Thursday 14th June 2007]

HSBC Shuts Down Muslim Charity’s Account



On Thursday 7th June 2007, HSBC announced it "no longer wished to operate an account for Hhugs (Helping Households under Great Stress). Hhugs is a British based registered charity, which supports Muslim families in dire need of financial assistance.

Hhugs was set up in November 2004 in response to the increasing problems faced by families affected by miscarriages of justice, in the ‘war on terror’.

Hhugs provides these affected families with assistance that many people take for granted. These range from emotional support to the families of detainees, assisting in basic household chores (cooking, shopping) to prison visits.

Banks are under no legal obligation to give a reason as to why they have decided to close our account, however they stated that they ‘reserve the right to decline to provide services to organisations whose value systems and objectives, we consider, are markedly different to our own".

A Hhugs spokesperson said:

"This latest insult to a Muslim charity registered in the UK has me dumbfounded. Please explain to me how a registered charity giving financial assistance to mothers and their children has ‘value systems and objectives’ that are ‘markedly different’ to those of HSBC Bank?"

A Hhugs volunteer said:

"I can’t believe a bank would close the account of a registered charity. Some of these families are desperate for financial assistance and rely on Hhugs and this only makes matters more difficult.

On top of that the people who promote Hhugs need to be notified; the thousand of leaflets that have been printed need to be changed. This will only divert voluntary workers of Hhugs attention to this rather than helping these families."


Hhugs and supporters of Hhugs strongly condemn HSBC actions.

END
Reply

Login/Register to hide ads. Scroll down for more posts
S@K!N@H
07-25-2007, 07:34 PM
it started with locking up the men... now they want to take away their only help? wallahi have no fear Allah has something greater planed for us... inshallah with His help we will have victory... so they can plot whatever they like bcoz Allah hears and sees all. nothing can stop the truth no matter how hard they try... and may Allah grant our brothers who are locked up for speaking the truth with Jannah. Ameen!!!
Reply

HumbleServant
07-25-2007, 07:37 PM
Ameen
Reply

wilberhum
07-25-2007, 07:38 PM
Did HSBC give a reason?
Well that proves it is Islamophobia. :skeleton:
Right? :rollseyes
Reply

Welcome, Guest!
Hey there! Looks like you're enjoying the discussion, but you're not signed up for an account.

When you create an account, you can participate in the discussions and share your thoughts. You also get notifications, here and via email, whenever new posts are made. And you can like posts and make new friends.
Sign Up
HumbleServant
07-25-2007, 07:50 PM
No they didn't. But their t & c's explain their actions as it's their t & c's that make up the business' values. And their t & c's state that HSBC ‘reserve the right to decline to provide services to organisations whose value systems and objectives, we consider, are markedly different to our own".

So the objectives of HHUGS are to what? To serve the Muslim community. As far as HHUGS values are concerned, then everything is legitimate and it's a registered charity. So where's the problem?

The conclusion is obvious.
Reply

wilberhum
07-25-2007, 07:54 PM
The conclusion is obvious.
Yes, I think it is. HSBC does not want to start more prolbems.
They just want to be rid of the one they got.
Reply

Muezzin
07-25-2007, 07:56 PM
HSBC seem to be acting like buttheads.

Surely it must be possible for the charity to find another bank?
Reply

wilberhum
07-25-2007, 07:58 PM
Originally Posted by Muezzin
HSBC seem to be acting like buttheads.

Surely it must be possible for the charity to find another bank?
It seems that every one wants to assume the worst about HSBC.

Good businesses don't do stupid things. (As a general rule)
Reply

S@K!N@H
07-25-2007, 08:02 PM
Originally Posted by wilberhum
Did HSBC give a reason?
Well that proves it is Islamophobia. :skeleton:
Right? :rollseyes
this goes deeper than Islamophobia, its a sick and twissed game of power and greed... i dnt even believe islam has anything to do with this its only the means to an end. create a common fear/threat then the people will have a need for their socalled just leaders to go to war and distory lifes.
Reply

wilberhum
07-25-2007, 08:09 PM
Originally Posted by S@K!N@H
this goes deeper than Islamophobia, its a sick and twissed game of power and greed... i dnt even believe islam has anything to do with this its only the means to an end. create a common fear/threat then the people will have a need for their socalled just leaders to go to war and distory lifes.
So what power did HSBC gain? :hmm: How does greed enter in to it? :hmm: How did they make more mony by turning business away? :hmm: How is HSBC creating fear? :hmm: And what Threat? :hmm: Is war the objective of HSBC? :hmm: How will they gain? :hmm:

I think you are suffering from some deep seated anger and you feel a need to vent. :hiding:
Reply

HumbleServant
07-25-2007, 08:10 PM
Good businesses don't do stupid things? You're right. Good businesses only do things that bring more benefit and money to them. And by holding such an account with a charity they may be under 'threat'. Well hats off to them and wish em luck. They'll need it from now.
Reply

S@K!N@H
07-25-2007, 08:38 PM
Originally Posted by wilberhum
So what power did HSBC gain? :hmm: How does greed enter in to it? :hmm: How did they make more mony by turning business away? :hmm: How is HSBC creating fear? :hmm: And what Threat? :hmm: Is war the objective of HSBC? :hmm: How will they gain? :hmm:

I think you are suffering from some deep seated anger and you feel a need to vent. :hiding:
mayb u dnt understand the fact that the little people like urself and me dnt really matter in view of thebig picture, while they the banks make more money no matter whether they get business from a non profit charity or not. u know that all the banks are subject to politics so its in their best interest to keep them happy. "never bight the hand that feeds" right?
islam is the fear and the threat 'we' all must fight right? these men we locked up then the only help they had is being taken from them.

there is no anger on my behalf so please do make judgments about wat u have no idea, r u in my mind r u? so u r in no place to say how i feel.
but yes i am upset and hurt that children and families will be the ones who really lose out... that is jst something i would expect a moral human to feel.
Reply

wilberhum
07-25-2007, 08:46 PM
^You may not be angry but you still seem to be a victim of your own “Conspiracy Theory”.
Reply

جوري
07-25-2007, 08:59 PM
Thanks for the article, I just closed an account I had with them and fwd this to my friends and contacts.. I'll try to find an Islamic bank to deal with for all my affairs insha'Allah.. since I am actually disenchanted with the my other bank (chase)--- Does anyone in here know of an international Islamic bank, to transfer both, savings and checking to?
Thank you
:w:
Reply

S@K!N@H
07-25-2007, 08:59 PM
Originally Posted by wilberhum
^You may not be angry but you still seem to be a victim of your own “Conspiracy Theory”.
:giggling: so u trust politics?:hmm:
Reply

wilberhum
07-25-2007, 09:05 PM
Originally Posted by S@K!N@H
:giggling: so u trust politics?:hmm:
Some.

HSBC is a world wide bank. They have many offices in the Middle East.
Practical application of facts works better than some anti-Islamic Conspiracy Theory.
Reply

islamirama
07-25-2007, 09:07 PM
Originally Posted by PurestAmbrosia
Thanks for the article, I just closed an account I had with them and fwd this to my friends and contacts.. I'll try to find an Islamic bank to deal with for all my affairs insha'Allah.. since I am actually disenchanted with the my other bank (chase)--- Does anyone in here know of an international Islamic bank, to transfer both, savings and checking to?
Thank you
:w:
:sl:

it would help if you state WHY you close your account and show your strong disapproval of their actions and how you will have say in your friends, family and relatives who have business with them.
Reply

جوري
07-25-2007, 09:11 PM
I hope the middle east wakes up and stops using Swiss banks and racialist banks for their business needs and realize the importance and the needs of the Muslims abroad who neither enjoy the usury or dealings of these so-called established institutions. I do hope this serves as a wake up call, as to where they wish to funnel your money and how they expect us to use it... Hope every Muslim on board fwds this to their friends and try to find alternate establishment for their financial needs... I have been boycotting products and businesses like Starbucks-- and think if each one of us does the same and simply not deal with trash, can we then expect to see some sort of solidarity and improvement in outcome...
:w:
Reply

جوري
07-25-2007, 09:14 PM
Originally Posted by islamirama
:sl:

it would help if you state WHY you close your account and show your strong disapproval of their actions and how you will have say in your friends, family and relatives who have business with them.
Trust me I did! I need to do the same with chase too, whether or not they follow in HSBC's lead, or are a subsidary of them since somehow they are all connected, I despise their business and how they clear my checks after 11 days, every month I have no access to my money until they decide to clear it, on whimsy I am supposing, I am not sure why it takes 1/3 of a month to clear a check... only then will I feel truly freed of this.. Do you know of any Islamic international banks though in the U.S?
:w:
Reply

Intisar
07-25-2007, 09:15 PM
:sl:Is it just me or are Muslims receiving more and more discrimination as of late? :confused:
Reply

جوري
07-25-2007, 09:18 PM
Originally Posted by Sister-Ameena*
:sl:Is it just me or are Muslims receiving more and more discrimination as of late? :confused:
this is prophetic.. they'll come after us under many flags seventy or so as the hadith states!
I think instead of feeling bad and discriminated against, we should be more pro-active.. just take your business to halal institutions! Fight back-- I just did!

:w:
Reply

islamirama
07-25-2007, 09:23 PM
Originally Posted by PurestAmbrosia
Trust me I did! I need to do the same with chase too, whether or not they follow in HSBC's lead, or are a subsidary of them since somehow they are all connected, I despise their business and how they clear my checks after 11 days, every month I have no access to my money until they decide to clear it, on whimsy I am supposing, I am not sure why it takes 1/3 of a month to clear a check... only then will I feel truly freed of this.. Do you know of any Islamic international banks though in the U.S?
:w:
I don't know of any intl banks personally, but here's a few i found online. The problem with that is, what kind of service will you get and how easy will it be to reach customer service? you can look more into it and see what you find.

Gulf - (also in london) http://www.gibonline.com/
US - http://www.wfib.com/
singpore - http://www.ipb.citibank.com.sg/
Korea - http://www.pibank.com/index.htm
Reply

Intisar
07-25-2007, 09:23 PM
Originally Posted by PurestAmbrosia
this is prophetic.. they'll come after us under many flags seventy or so as the hadith states!
I think instead of feeling bad and discriminated against, we should be more pro-active.. just take your business to halal institutions! Fight back-- I just did!

:w:
Yes, that's true we should do that sis but I just can't help but feel out of place in the West. My identity is Islam, and my identity is being put on trial. I don't care what the media tries to say, but whenever these 'terrorists' and 'suspicious actions' occur, the person carrying them out is not put on trial but our whole religion is! :sl:
Reply

Ourra-Tul-'Ain
07-25-2007, 09:26 PM
:sunny:
Originally Posted by PurestAmbrosia
this is prophetic.. they'll come after us under many flags seventy or so as the hadith states!
I think instead of feeling bad and discriminated against, we should be more pro-active.. just take your business to halal institutions! Fight back-- I just did!

:w:

^^^sooooo true^^^
sallam my sisters and brothers!:sunny:

i say lets be patient inshallah, in the end we will be the true winners.:happy:

oh n der is an islamic bank i saw in southall a few days ago, inshallah i'll try n find info about it then i'll post it inshallah.
sallam
Reply

S@K!N@H
07-25-2007, 09:28 PM
Originally Posted by wilberhum
Some.

HSBC is a world wide bank. They have many offices in the Middle East.
Practical application of facts works better than some anti-Islamic Conspiracy Theory.
so wat if they have a few offices in the middle east, does that mean they have the interests of the people at heart? a is a bank, take the worldbank, wat good have they done for the world? apart from debt? with no real chances of clearing for most of africa. please dont talk about facts without looking at how the world is due the banks and their making money of the needy.
Reply

جوري
07-25-2007, 09:31 PM
Originally Posted by islamirama
I don't know of any intl banks personally, but here's a few i found online. The problem with that is, what kind of service will you get and how easy will it be to reach customer service? you can look more into it and see what you find.

http://www.gibonline.com/
http://www.wfib.com/
http://www.ipb.citibank.com.sg/
http://www.pibank.com/index.htm
Shokran akhi.. I know the only thing that would concern me is ATM withdrawl, but I'll look to see the ease of that.. I am sure one can write a check from any bank and it would be accepted, I am also hopeful that they all offer credit cards.. The only other banks I deal with now is AMEX and chase.. surprisingly AMEX has always had a stellar service especially for traveling... recently I closed an MBNA as well, frankly Chase MBNA and HSBC were the worst I have encountered, I think this article just pushed me over the edge..
:w:
Reply

جوري
07-25-2007, 09:32 PM
Originally Posted by Sister-Ameena*
Yes, that's true we should do that sis but I just can't help but feel out of place in the West. My identity is Islam, and my identity is being put on trial. I don't care what the media tries to say, but whenever these 'terrorists' and 'suspicious actions' occur, the person carrying them out is not put on trial but our whole religion is! :sl:
You hold on then!.. YOU HOLD ON STEADFAST TO ALLAH AND YOUR PRINCIPLES..

:w:
Reply

islamirama
07-25-2007, 09:34 PM
Originally Posted by PurestAmbrosia
Shokran akhi.. I know the only thing that would concern me is ATM withdrawl, but I'll look to see the ease of that.. I am sure one can write a check from any bank and it would be accepted, I am also hopeful that they all offer credit cards.. The only other banks I deal with now is AMEX and chase.. surprisingly AMEX has always had a stellar service especially for traveling... recently I closed an MBNA as well, frankly Chase MBNA and HSBC were the worst I have encountered, I think this article just pushed me over the edge..



Gulf - (also in london) http://www.gibonline.com/
US - http://www.wfib.com/
singpore - http://www.ipb.citibank.com.sg/
Korea - http://www.pibank.com/index.htm


:w:
I'm iffy about banks in US also, its not hard for them to freeze your account if they think you're a "suspect", post 9-11 the shut down many big islamic charities and stole millions of dollar by freezing their accounts and closing them down. Personally, i never use atm nor hardly write checks. I do everything online, faster and easier that way. I just use like visa card or something and then pay it in full each month electronically from the bank. As for money, just write a check to yourself when you need money.
Reply

wilberhum
07-25-2007, 09:37 PM
does that mean they have the interests of the people at heart?
That means they have there interests at heart. It is called Capitalism.
So why does closing an account make them more profitable?
There could be many many reasons. But none of yours are logical.
Reply

جوري
07-25-2007, 11:51 PM
Originally Posted by islamirama
I'm iffy about banks in US also, its not hard for them to freeze your account if they think you're a "suspect", post 9-11 the shut down many big islamic charities and stole millions of dollar by freezing their accounts and closing them down. Personally, i never use atm nor hardly write checks. I do everything online, faster and easier that way. I just use like visa card or something and then pay it in full each month electronically from the bank. As for money, just write a check to yourself when you need money.
That is not a bad idea.. I hardly use cash anyhow, unless it is a small shop on the way or I am driving and need a drink or something light...a good old fashioned iron safe behind a painting will do I suppose? but there will be no room for cash at all in the future :hmm:

:w:
Reply

Thanaa
07-26-2007, 12:03 AM
Originally Posted by wilberhum
It seems that every one wants to assume the worst about HSBC.

Good businesses don't do stupid things. (As a general rule)
Oh they do.
You probably dont get any UK channels where you are (Us right?), unless you have Sky, I guess.
Ever seen 'Watchdog'?
Banks like HSBC like to charge people stupid amounts for admin, say, £35, when it only cost them £3.50p. :thumbs_do
So...when people complain, and take back their money (which they are entitled to do), the Banks (inc. HSBC) have been known to shut down their accounts because the relationship between bank and customer is "damaged".
The only reason its "damaged" is because the customer demanded a refund...which they are allowed to do.
Basically, many banks in the UK are run by morons and bullies.
So I guess HSBC isnt a good business at all. I dont think Barclays is either-they keep charging me for an account, and Im pretty certain that theyre not meant to take that much...could just be me though. :D
Mind you, I need to get a decent interest-free account...
Reply

wilberhum
07-26-2007, 12:07 AM
Originally Posted by Thanaa
Oh they do.
You probably dont get any UK channels where you are (Us right?), unless you have Sky, I guess.
Ever seen 'Watchdog'?
Banks like HSBC like to charge people stupid amounts for admin, say, £35, when it only cost them £3.50p. :thumbs_do
So...when people complain, and take back their money (which they are entitled to do), the Banks (inc. HSBC) have been known to shut down their accounts because the relationship between bank and customer is "damaged".
The only reason its "damaged" is because the customer demanded a refund...which they are allowed to do.
Basically, many banks in the UK are run by morons and bullies.
So I guess HSBC isnt a good business at all. I dont think Barclays is either-they keep charging me for an account, and Im pretty certain that theyre not meant to take that much...could just be me though. :D
Mind you, I need to get a decent interest-free account...
One simple question.
Are they making a profit?
Well two question, ;D Are they making huge profits?
If the answers are yes and yes, then they arn't too stupid. :confused:
Reply

Thanaa
07-26-2007, 12:10 AM
Originally Posted by wilberhum
One simple question.
Are they making a profit?
Well two question, ;D Are they making huge profits?
If the answers are yes and yes, then they arn't too stupid. :confused:
Lol. :D I suppose youre right on that one!
Reply

Muezzin
07-26-2007, 12:27 PM
Originally Posted by wilberhum
It seems that every one wants to assume the worst about HSBC.

Good businesses don't do stupid things. (As a general rule)
True, but it's not going to look good from a PR standpoint - HSBC advertises itself as 'The World's Local Bank', implying great, considerate customer relations, so I'm not sure how the customers would react if they heard that their bank stopped helping a charity such as this.

But anyway, I repeat, can the charity not bank with another company?

p.s. Profit is not the be-all and end-all of everything, at least in the UK. Here there is legislation designed to prevent unfairness, and if companies are caught they are punished and forced to repair the damage. As they should be. Businesses should not be exempt from the law (or even mere criticism) simply because they represent the commercial soul of this society. That doesn't mean this particular story is legally actionable, I just felt the need to correct certain misconceptions - when you let profit justify unfair/unreasonable treatment of others, you have become greedy.
Reply

islamirama
07-26-2007, 03:12 PM
Originally Posted by PurestAmbrosia
That is not a bad idea.. I hardly use cash anyhow, unless it is a small shop on the way or I am driving and need a drink or something light...a good old fashioned iron safe behind a painting will do I suppose? but there will be no room for cash at all in the future :hmm:

:w:
:sl:

a new revert sister in south africa moved to syria, made hijra by herself. The best solution to all the problems is hijra from the kuffar land.
Reply

Hey there! Looks like you're enjoying the discussion, but you're not signed up for an account.

When you create an account, you can participate in the discussions and share your thoughts. You also get notifications, here and via email, whenever new posts are made. And you can like posts and make new friends.
Sign Up

Similar Threads

  1. Replies: 5
    Last Post: 07-31-2015, 01:03 PM
  2. Replies: 0
    Last Post: 05-06-2012, 09:36 PM
  3. Replies: 0
    Last Post: 12-04-2008, 04:26 PM
  4. Replies: 7
    Last Post: 11-18-2008, 04:48 PM
  5. Replies: 7
    Last Post: 11-16-2006, 02:33 AM

IslamicBoard

Experience a richer experience on our mobile app!