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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Saadiq eyes newly-opened Islamic banking markets

Posted on 12 December 2011

Standard Chartered Saadiq, the Islamic banking arm of Standard Chartered Bank, yesterday said it is looking at opportunities to expand into newly-opened Islamic banking markets such as Oman and Nigeria and is closely evaluating the opportunities in the Middle East and North Africa (Mena) region.
“We are looking at opportunities in Oman and Nigeria, the two newly-opened markets for Islamic finance. The bank is likely to take a decision on entry into these markets sometime next year,” said Wasim Saifi, Global Head, Islamic Banking (Consumer Banking) of Standard Chartered Saadiq………………………………………..Full Article: Source

 
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