Islamic Banking - Treasury Products - Standard Chartered Bank Malaysia Berhad

Deposit and placement

Standard Chartered Saadiq offers a wide choice of treasury products to suit your needs without disregarding Islamic values. Our treasury products are syariah compliant and offered to both corporate and institutional customers. Managed by a team of dedicated personnels, you can be assured your investment will be invested in a prudent and acceptable manner.

Islamic Negotiable Instruments Of Deposit (INID) (Not eligible for protection by PIDM)
Negotiable Islamic Debt Certificate (NIDC) ( Not eligible for protection by PIDM)
Special General Investment Account-i SGIA (Wholesale) (Eligible for protection by PIDM)
Commodity Murabahah-i Programme (CMP-i Deposit) (Eligible for protection by PIDM)
Commodity Murabahah-i Financing (CMF-i Placement)

Islamic derivatives

At Standard Chartered Saadiq we are committed to helping you find creative solutions to the increasingly complex problems of interest rate and currency exposure. As risk becomes more complex, the use of Islamic derivatives is indeed essential. Our syariah compliant Islamic derivatives offer you a unique proposition for sound financial management and return on investment.

Islamic Profit Rate Swap (IPRS)
Islamic Cross Currency Swap (ICCS)
Islamic Forward Rate Agreement (IFRA)
FX Forward-i
Islamic Train-i (Eligible for protection by PIDM)

Islamic Negotiable Instruments Of Deposit (INID)

(Not eligible for protection by PIDM)

INID is a placement on profit-sharing (mudharabah) contract with a pre-determined profit sharing ratio for greater transparency. Therefore the Rate of Return is not fixed and will only be known on maturity, which can be between 30 days to 10 years.

Negotiable Islamic Debt Certificate (NIDC)

(Not eligible for protection by PIDM)

NIDC is a placement on the "bai inah" contract with pre-determined, fixed, and guaranteed rate of return which will enable you to better manage liquidity. Profit rate is fixed and placement can be made from 30 days up to 10 years.

Special General Investment Account-i SGIA (Wholesale)

(Eligible for protection by PIDM)

This is an alternative special general investment account. The account provides placement on a profit sharing (mudharabah) contract with a pre-determined profit sharing ratio for greater transparency. Rate of return is not fixed and will only be known on maturity. The tenor is between 1 day to 60 months.

Commodity Murabahah-i Programme (CMP-i Deposit)

(Eligible for protection by PIDM)

This is an alternative deposit product for corporate and institutional clients, which is based on globally accepted Islamic concepts. The product involves the purchase and sale of metal commodities at the London Metal Exchange (LME) based on the murabahah principle as the underlying transaction. Rate of return is pre-determined, fixed and guaranteed with a tenor which can be as short as 30 days or as long as 10 years.

Commodity Murabahah-i Financing (CMF-i Placement)

This is an alternative financing product for corporate and institutional clients which is based on globally accepted Islamic concepts. Similar to CMP-i, CMF-i involves the purchase and sale of metal commodities at the London Metal Exchange based on the murabahah principle as the underlying transaction. Rate of return is pre-determined, fixed and guaranteed with a tenor between 1-6 months.