Saadiq$aver-i
Your savings
Your practice
Standard Chartered Saadiq
Introducing Standard Chartered Saadiq, the world class Islamic savings account for your financial needs.
We know you'd like a more meaningful saving experience, regardless whether you are a Muslim or non-Muslim. This is why we created the Savings Account-i to manage and grow your wealth according to Syariah principles.
Savings Account-i is based on Al-Wadiah Yad Dhamanah principles or guaranteed safe custody. Just deposit your money with the bank for safekeeping and at the same time, give consent for the money to be used in any manner deemed appropriate. The deposits will be placed in investments based on Syariah principles and approved by Bank Negara Malaysia.
At the bank's discretion, a portion of the returns from the investment may be awarded to you in the form of discretionary gift or 'hibah'. Furthermore, the Bank also guarantees repayment of your deposit in whole or any part of outstanding balance upon request.
How Savings Account-i works to your benefit
Dividend Rates |
The bank is allowed to pay discretionary 'hibah' to our Savings Account-i customer based on the performance of the return of investment. |
Syariah Compliant |
Your money will be invested in activities approved by the Syariah Consultant to ensure all investment activities are in accordance to Syariah principles. |
Monthly Statement |
Every month, a statement will be sent to you, helping you keep track of all transactions. If you have more than one account with us, we will send you a consolidated statement for an all-in-one monthly report. This way, you can tell your financial position at a glance. If you like your statements to be emailed to you, call us |
Convenience access to your funds |
You will receive an ATM Card, which you can use to conveniently withdraw or deposit cash and cheques at any Standard Chartered branch locally 24 hours a day, 7 days a week. (withdrawal up to RM3,000 daily). Our network of ATMs offers HOUSe and MEPS Interbank GIRO for added convenience. You will also have access to over one million ATM outlets in more than 150 countries. |
Banking Services at your Fingertips |
You can enjoy Phone Banking, Online Banking and SMS Banking 24 hours a day, 7 days a week. You will also have access to over one million ATM outlets in more than 150 countries. |
Easy to apply |
Individual account or joint account
|
Available to all Muslims and Non-Muslims
Interested?
We will be happy to show you how Savings Account-i can work for you.
Click Saadiq
Personal Account Rules & Regulations to learn more about the Terms
and Conditions of the accounts.
Call
us direct at 03-7711 8888
To sign
up, visit your nearest Standard Chartered branch
today!
*Terms and conditions apply
