Sat, Apr 19, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Financial Instruments (Credit Cards, Debts, Loans, Mort more

StanChart offers Islamic products for SMEs

Posted on 22 June 2011

Standard Chartered Saadiq, the bank’s brand name for Islamic banking, yesterday unveiled two shariah compliant products for business customers in Bangladesh.
The products — Islamic business installment finance, and Islamic finance against property — are designed for small and medium enterprises (SMEs). Islamic business installment finance operates under the concept of goods murabaha and Islamic finance against property works under hire purchase Shirkat-ul-Melk (diminishing musharaka) concept……………………………………….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
282930