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Standard Chartered opens talks with regulators on Islamic banking

Posted on 16 December 2011

Standard Chartered bank has opened discussion with regulators to offer Islamic banking services in Nigeria and Oman now that both countries are revamping their regulatory environments to encourage Islamic finance.
The global head of Islamic banking Wasim Saifi said on Sunday that the company, which already has a strong conventional presence in both markets, was waiting for the countries to finalise their regulatory frameworks for Islamic banking but could offer the services in Nigeria and Oman as early as next year……………………………………….Full Article: Source

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