Standard Chartered enhances Islamic banking services

Amanullah Khan

Karachi—Standard Chartered Saadiq, the dedicated Islamic Banking division within Standard Chartered Bank has enhanced its offering for clients looking for Shariah-compliant banking products and services.
The enhanced offering aims to provide clients with innovative banking solutions to meet their needs while offering them the convenience that comes with Standard Chartered’s class leading digital platform.
The enhanced Saadiq product suite includes Home Finance with fixed pricing for up to three years so the clients can benefit from prevailing low market rates and the Saadiq WorldMiles Credit Card, a premium Shariah compliant card that offers travel related privileges and benefits. In order to address the needs of its business banking clients, Saadiq has also launched a new product: Saadiq Business Term Finance, a Shariah compliant solution for clients to manage their business expenditures by availing financing against their existing property. Standard Chartered endeavours to meet the needs of clients, and Shariah compliant banking is key offering of the Bank.

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