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Saadiq Non-Profit Current Account - Standard Chartered Pakistan

Benefits

  • Peace of mind in placing funds with a bank that uses it in Shariah compliant (Riba-free) transactions.
  • Complete transactional convenience.
  • Funds are accessible with Saadiq Visa Debit Card 24 / 7 at over 2,000 ATMs and 50,000 POS terminals in Pakistan.
  • Saadiq Visa Debit Card is accepted at 1 million VISA network ATMs and 27 million outlets worldwide.
  • World-class benefits of Internet Banking, SMS and Phone Banking services available 24 / 7.

Salient Features

  • Shariah compliant current account.
  • Unlimited deposits and withdrawals.
  • Access your funds with Saadiq Visa Debit Card 24 / 7.
  • Avail Internet Banking, SMS, eStatement and Phone Banking services 24 / 7.
  • No minimum balance requirement.

Product Structure

Saadiq 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).
Saadiq Non-Profit Current Account - Standard Chartered Pakistan Saadiq Non-Profit Current Account - Standard Chartered Pakistan Reviewed by BARI.0492 on August 22, 2014 Rating: 5

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