Standard Chartered Saadiq, the Islamic Banking division of Standard Chartered Bank, inaugurated its first dedicated Islamic Banking Center in the UAE at the Al Khalidiya Branch in Abu Dhabi.
Present at the ceremony was Wasim Akhta
Standard Chartered Bank sees opportunities in Islamic derivatives products but is steering clear of hedge funds, another grey area of sharia-compliant finance, the head of its Saadiq unit said.
Afaq Khan, chief executive officer of Standar
Standard Chartered UAE has launched a Shariah compliant home finance solution under Standard Chartered Saadiq, the bank’s global Islamic banking brand.
The move strengthens its already strong line up of Islamic products currently offered a
Standard Chartered Bank's global Islamic banking business brand Saadiq was launched in Bahrain yesterday (March 2).
'Standard Chartered has a reputation for innovation in Islamic banking,' said Standard Chartered Middle East an