Most improved international Islamic bank: Standard Chartered

Pushing beyond the boundaries

Pushing beyond the boundaries

Standard Chartered Islamic branch has emerged as an institution to watch. Its extensive range of customized Islamic financial solutions in 2006 resulted in mandates that were several industry firsts. In 2007 Standard Chartered plans to accelerate product development and expand its already impressive global presence.

In Asia, it arranged the first Islamic profit rate swap deal, for Bank Muamalat, worth $150 million. Standard Chartered also jointly arranged the $96 million murabaha facility executed for Asia Real Estate Fund, the first Murabaha financing in Singapore.

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