Six bankers were sacked yesterday for pretending to behead an Asian workmate in a mock IS execution — while yelling “Allahu Akbar”.
The HSBC workers filmed the sick stunt while on a team-building exercise then posted it online.
The video shows them dressed in jumpsuits and balaclavas similar to those worn by the Islamic fanatics and using a coat hanger as a pretend knife.
The “assassins” laugh and joke as a colleague, who has been named as Saf Ahmed, kneels down to be “executed”.
One banker then yells: “Allahu Akbar” — Arabic for “God is great” — which IS executioners scream as they murder hostages.
The film was posted on Instagram. It was later deleted but not before it was seen by appalled co-workers.
HSBC yesterday sacked all involved and apologised.
The six men were on a day out at Teamworks Karting track in Birmingham organised by HSBC.
In the seven-second video, five men in balaclavas stand behind kneeling Mr Ahmed, who is in an orange jumpsuit.
As the men chant and yell, one raises the coat hanger above the “victim’s” head and another holds his shoulders.
Kidnapped British aid workers Alan Henning and David Haines were both wearing orange jumpsuits when they were beheaded in Syria by IS.
It is thought the HSBC men were in a Birmingham-based legal team. A source said: “It’s shocking they would think this is funny.”
HSBC said: “We do not tolerate inappropriate behaviour.
“As soon as The Sun brought this video to our attention we took the decision to sack the individuals involved.
“This is an abhorrent video and HSBC would like to apologise for any offence.”
The company has recently been engulfed in a money-laundering scandal and last year was among five banks fined £2billion for rigging foreign exchange markets.