StanChart names global Islamic banking head

Standard Chartered has appointed Khurram Hilal as chief executive of Saadiq, the bank’s global Islamic banking division.

Hilal will be based in Dubai.

In a career of more than 20 years in sharia-compliant banking, Hilal has worked in wealth management and private banking as well as transaction and retail banking.

He has also held a number of roles at Standard Chartered, most recently as head of group Islamic products.

According to Standard Chartered, Hilal’s promotion is in line with the bank’s objective to grow its Islamic banking offering across its network.

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