Karachi—As part of Standard Chartered’s commitment to provide high quality Shariah-compliant banking products and services to its customers, the Bank inaugurated its Islamic Banking (Saadiq) branch at Khayaban-e-Hafiz, DHA, Karachi. This branch provides a comprehensive value added Islamic Banking customer value proposition recently launched for its customers. This key proposition offers its customers a similar range of products, quality of service, and access to the same, extensive distribution channels that the conventional customers are accustomed to.
This branch also offers its unique Islamic Priority Banking offering through a dedicated Priority Banking Centre for its customers. Present at the occasion were the Bank’s valued customers, Mohsin Nathani, Chief Executive, Standard Chartered Pakistan, Afaq Khan, Global CEO of Islamic Banking, Raheel Ahmed, Global Head of Distribution and other senior executives of the Bank.
Saadiq, which means ‘truthful’, is Standard Chartered’s global Islamic Banking brand. Under the Saadiq brand Standard Chartered offers Current & Savings accounts, Term Deposits, the first Shariah compliant credit card, Takaful, Home Financing, Employee Banking and SME Trade & Finance facilities. In Pakistan, customers can avail Islamic Banking products and services from all 143 Standard Chartered branches with over 500 relationship managers spread across 32 cities.