Standard Chartered Saadiq - providing world-class Islamic solutions for your financial needs.

Islamic banking is a rapidly growing phenomenon in the global financial markets as it answers the call of discerning Muslims who seek a banking system that conforms to their religious tenets. Because of this, a number of banks from all over the world offer products and services that are Syariah (Islamic Law) compliant.

In Malaysia, Standard Chartered Bank Malaysia Berhad owns the honour of being the first foreign commercial bank to offer Islamic Banking products with the introduction of our Simpanan Dividend account in July 1992.

With the aim of answering the needs of our Muslim customers for Syariah compliant services that are fully differentiated from our conventional financial services, Standard Chartered Saadiq was introduced.

Standard Chartered Saadiq (“Saadiq” which means "truthful") offers a wide suite of Islamic solutions to meet your financial needs without compromising your beliefs and values. And it is also available for all our individual customer regardless their religion and race.

Our Islamic banking division comprises a team of qualified professionals who design and structure our Standard Chartered Saadiq products/services and ensure that they are in line with Syariah principles governing Islamic banking and finance.

In addition, to ensure conformity of all products with the tenets of Syariah the Bank has an independent Syariah Supervisory Committee comprising a team of professional managers who are guided by respected Syariah scholars both locally and abroad. All Standard Chartered Saadiq products and transactions are developed in consultation with these independent Syariah scholars and approved by them prior to distribution.