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Thursday, 20 June 2013

Blazing the trail for Islamic Banking

Islamic banking has taken the world of finance by storm setting new benchmarks for transparent, ethical, and accountable banking practices, and one of the most influential voices amongst the leaders who have championed the progress of Shariah compliant banking is, without a doubt, Afaq Khan, CEO of Standard Chartered Saadiq, the international Islamic banking business of Standard Chartered Bank. 
On Wednesday the 26th of June, the Capital Club, Dubai’s premier private business Club and member of the Enshaa group of companies, will be hosting an intimate evening with Mr Khan who will be sharing insights from his journey to the top of his field and a look at what the future of Islamic Banking will be. Moderated by Shane Phllips, Presenter of Dubai Eye's Eye On Careers and Host of Zee TVs show Top Guns, the evening marks the second in the Capital Club’s series of ‘The Path To Success’ talks that aim to give the Club’s Members and their guests a unique glimpse into what it takes to become a successful CEO. 
With over 20 years of banking experience, Mr Khan is actively involved in helping governments develop Islamic banking regulations. His in-depth banking experience has led him to a number of industry “firsts” including the inaugural USD denominated sukuk issued by the Republic of Indonesia; the first sovereign sukuk issued in AED denomination by the Emirate of Ras Al-Khaimah; as well as the first local currency sukuk programmes issued by the Government of Pakistan and the Monetary Authority of Singapore. 
Having joined Standard Chartered Bank in 2003 with the mandate to launch the Islamic business division for the Bank, Mr Khan has been responsible for the strategic build up of Standard Chartered’s international Islamic banking business covering retail, corporate and investment banking, culminating in the launch of the 'Saadiq' brand for Islamic banking at Standard Chartered Bank in 2007. Under his leadership, Standard Chartered Saadiq has received numerous awards, including being voted “Best International Islamic Bank” in 2009 by Euromoney and “Best Islamic Investment Bank” by the Asset Triple A Awards for Islamic Finance in 2009. 
(Albawaba Business / 19 June 2013)

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