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Islamic Finance Briefing - Categorized | Banking, Bonds (Sukuk), New Launches more

StanChart working on 4 sukuks in Gulf

Posted on 29 June 2012

Standard Chartered bank is arranging up to four sukuks in the Gulf region. Afaq Khan, CEO of Standard Chartered’s Islamic banking unit, said the bank is involved in 3-4 corporate and sovereign sukuks likely to be issued this year.
“There are 3-4 sukuk deals in the pipeline that Standard Chartered is working in the region. These are UAE dirham, US dollar and Malaysian ringgit denominated sukuks to be issued by corporates and sovereigns,” Khan said………………………………………..Full Article: Source

 
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