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Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

Standard Chartered appoints CEO for Saadiq

    • Khurram has held several senior positions within the Bank

    • He brings over 20 years of Islamic banking experience to the CEO position

    Standard Chartered has appointed Khurram Hilal as Chief Executive Officer (CEO) of Standard Chartered Saadiq, the Bank’s global Islamic banking arm. His appointment is in line with the Bank’s objectives of strengthening its Islamic banking offering across its global network.

    Khurram brings over 20 years of Islamic banking experience to the CEO position, specifically in the areas of retail banking, wealth management, private banking, transaction banking and financial markets. During that time, Khurram has held several senior positions within the Bank, including Head of Group Islamic Products, which he continues to lead alongside his new role.

    He has led the development and execution of the Bank’s Islamic product proposition for over a decade across its footprint in Asia, Africa, the Middle East, Europe, and North America. Khurram has also been an active contributor to the Islamic banking industry and regularly provides advice to regulators and industry bodies.

    Khurram holds a master’s degree from the Institute of Business Administration in Pakistan and has achieved a CFA certification from Charlottesville, USA. He is also currently pursuing advanced studies in classical Islamic jurisprudence.