DUBAI, Dec 11 (Reuters) - Standard Chartered
is in discussions with regulators to offer Islamic banking
services in Oman and Nigeria, now that both countries are
revamping their regulatory environments to encourage Islamic
finance, the bank's global head of Islamic banking on Sunday.
Wasim Saifi said the company, which already has a strong
conventional presence in both markets, was waiting for the
countries to finalise their regulatory frameworks for Islamic
banking but could offer the services in Oman and Nigeria as
early as next year.
is in discussions with regulators to offer Islamic banking
services in Oman and Nigeria, now that both countries are
revamping their regulatory environments to encourage Islamic
finance, the bank's global head of Islamic banking on Sunday.
Wasim Saifi said the company, which already has a strong
conventional presence in both markets, was waiting for the
countries to finalise their regulatory frameworks for Islamic
banking but could offer the services in Oman and Nigeria as
early as next year.