Standard Chartered has launched an Islamic banking awareness campaign under its global Islamic brand 'Saadiq'. Saadiq, which means 'truthful', is Standard Chartered's identity for our global Islamic banking business. Under the brand, the bank continues to offer a range of Islamic banking services in both wholesale and consumer banking with the guidance and advice of their Global Shariah Board.
It offers Current & Savings Accounts, Term Deposits, First Shariah Compliant Credit Card, Takaful, Home Financing and SMME Trade & Finance facilities The bank offers Shariah compliant financial solutions to its valued customers. 'Saadiq' comprises a team of qualified professionals who design and structure Islamic financial solutions and ensure that they are in line with Shariah principles on Islamic banking and finance.
Standard Chartered is the first international bank in Pakistan to receive an Islamic Banking license and to open Islamic banking branches across the country. The bank in Pakistan has 15 dedicated Islamic banking branches and window based operations in 147 branches spread across 41 cities, 200 ATMs and 19 Cash/Cheque Deposit Machines (CDMs) and access to more than 2,000 ATMs across the country via '1-Link'.-PR