Standard Char-tered has enhanced its Islamic banking offer for customers who want high quality Shariah-compliant banking products and services. 'Saadiq', which means truthful, is the global Islamic banking brand of the bank. The enhanced Saadiq suite includes new products such as the Saadiq Platinum and PIA Co Brand Platinum Debit Cards; Saadiq Platinum and PIA Co Brand Platinum Credit Cards; and Saadiq Saver Plus Monthly Savings Account.
Standard Chartered is the only bank to offer Shariah-compliant credit cards to its customers. The key proposition that Saadiq offers its customers is a similar range of products, similar quality of service, and access to the same, extensive distribution channels that the conventional customers are accustomed to.
Saadiq continues to offer current and savings accounts, term deposits, the first Shariah compliant credit card, takaful, home financing and SME trade and finance facilities. Customers can avail Islamic banking products and services from all 143 SC bank branches with over 500 relationship managers spread across 32 cities. Commenting on the launch, Mohsin Nathani, Chief Executive, Standard Chartered Pakistan said, "We believe that our Islamic Banking customers should not have to sacrifice any of the commercial aspects of their needs or any of the conveniences that a conventional customer would be able to access. The brand is a clear demonstration of our 'Here for Good' commitment by responding to the evolving needs of our Islamic Banking customers and providing them with convenient, effective and rewarding Shari'ah compliant banking solutions."
All Islamic products offered by Standard Chartered in Pakistan are approved by an independent Shariah Supervisory Committee composed of respected and qualified scholars of international repute, including Dr Abdul Sattar Abu Guddah, Sheikh Nizam Yaqubi and Dr Mohammed Ali Elgari. Its operations are reviewed and appraised by a dedicated Shariah Advisor Mufti Muhammad Abdul Mubeen who provides guidance on Shariah related matters.-PR
Comments
Comments are closed.