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Standard Chartered Saadiq signs up to Tamkeen’s enterprise financing scheme

Posted on 30 November 2011

Standard Chartered Saadiq and Tamkeen introduce the Enterprise Finance Scheme for Standard Chartered customers in Bahrain, offers 50 per cent guarantee on total financing and subsidies on 50 per cent of profit payments.
The scheme offers Shari’ah-compliant financing for enterprises incorporated in Bahrain. Wasim Akhtar Saifi, Global Head Islamic Banking, Consumer Banking, Standard Chartered Bank, said “Standard Chartered Bank is proud to be associated with Tamkeen on the Enterprise Finance Scheme, catering to enterprises in general with a focus on small and medium enterprises (SMEs). “……………………………………….Full Article: Source

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