I wish our good Doctor could borrow of this bank given he advised for the Al Ma'aden Phosphate Company (did he not?)
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MANAMA: Standard Chartered Saadiq has been honoured by the international financial magazine Euromoney.
It was named 'Best International Islamic Bank' for 2009.
A number of significant deals the bank closed last year, including the first sovereign deal for the government of Pakistan and a project finance deal for Al Ma'aden Phosphate Company, contributed to the win.
"The bank remains focused on delivering Sharia-compliant financial products and solutions seamlessly across our geographic footprint," said Standard Chartered Group Saadiq chief executive officer Afaq Khan.
Standard Chartered Saadiq celebrated its first anniversary as a global Islamic banking brand last year.
Last year, Saadiq was presented with 14 awards for major achievements in the Islamic banking field.
Standard Chartered launched its dedicated Saadiq offering in Bahrain earlier this month.
UCL Price at posting:
0.4¢ Sentiment: None Disclosure: Held
