Standard Chartered Saadiq has been named the Best Project Finance House from Euromoney Islamic Finance Award 2008, Deal of the Year for African Transport / Ports for Doraleh Container Terminal from Euromoney Project Finance Magazine and Pakistan Deal of the Year for Engro Chemical Pakistan Limited from Islamic Finance News. The Bank prides itself on receiving numerous accolades for Islamic Banking solutions since 2005 and continues to play a significant role in helping shape the Islamic Banking industry across its key markets. Standard Chartered Saadiq has taken a leadership role in the development of project finance within the Islamic banking sector. Recently the bank was involved in the landmark Dhs1,000,000,000 Sukuk Issue for the Government of Ras Al Khaimah , acting through the Investment & Development Office. This first issue of the Ras Al Khaimah Government's Sukuk Programme, was 1.5 times oversubscribed.
Source: Select Property
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