Islamic Finance is a Value Proposition Open to All Customers

In an interview with the African Leadership Network, Lamin Manjang, CEO Standard Chartered Kenya stated the Kenyan government has previously stated it wishes to go down the route of a sovereign sukuk issuance, and that Standard Chartered Kenya is leveraging off the banks international experience in issuing sukuk to assist the Ministry of Finance.

He further stated Islamic finance is the fastest growing area in global finance, adding that it should be viewed as a value proposition open to all customers irrespective of if the customer is Muslim.

Standard Chartered Sukuk Experience

Standard Chartered is amongst the leading arrangers of Sukuk globally and this year has arranged a number of high profile sukuk including the second Hong Kong sovereign issuance, Indonesia’s national flag carrier Garuda Indonesia, and the record breaking double Malaysian sovereign issuance.