Features and User Benefits - Standard Chartered Bank Pakistan

Saadiq Foreign Currency Current AccountWhen you deposit your funds in Standard Chartered Saadiq Foreign Currency Current Account, you can be sure that your funds will only be used in a Shariah compliant manner. We at Standard Chartered Saadiq are committed to offering Shariah compliant banking services and ensure that your hard earned funds remain Riba-free.

Benefits

• Peace of mind in placing funds with a bank that uses it in Shariah compliant (Riba-free) transactions.
• Complete transactional convenience
• World-class benefits of Internet Banking, SMS and Phone Banking services available 24 / 7.

Salient Features

• Shariah compliant foreign currency current account.
• Available in USD, GBP and EUR currencies.
• Unlimited deposits and withdrawals.
• No minimum balance requirement.

Product Structure

Saadiq Foreign Currency Current Account is a non-profit bearing transaction account based on Islamic principle of "Qard", whereby the customer is the lender and bank is the borrower. The funds collected in Saadiq Current Account are invested in Shariah Compliant business ventures only (Islamic Assets like Murabaha, Musharaka, Sukuk, etc).

Useful Information

• Shariah Consultants
• Mudarib's Profit Share and Weightages
• Saadiq Terms and Conditions (Credit Cards)
• Saadiq MID

• FAQs & Disclosure / Announcement
• Saadiq Schedule of Charges
• Saadiq Terms and Conditions (Urdu)
• Saadiq Account Opening Form (Customer Copy)

• Saadiq Home Finance Pricing
• Fatwas
• Saadiq Terms and Conditions
• Saadiq Term Deposit Application Form
• Straight2Bank Service Charges

Personal Banking - Saadiq - Standard Chartered Bank Pakistan