The Banker recognised Standard Chartered Saadiq as the “Best Islamic Bank for the year 2019”. The Banker awards are among the most prestigious awards, designed to recognize institutions that have made significant contributions to the banking and finance industry.
Standard Chartered Saadiq was competing with some of the largest players in the Banking Industry and has won this award on the basis of its competence and commitment to clients.
Commenting on this recognition, Mr. Azhar Aslam, Head of Islamic Banking, Standard Chartered Pakistan, said, “This award comes as a recognition of our efforts to provide our clients efficient, and convenient shariah compliant solutions. Standard Chartered’s global expertise, strong on-the-ground presence and deep local market insights, give us a distinct competitive edge to provide financing structures that enable us to deliver value to our clients.”
Standard Chartered was the first international bank to get an Islamic Banking license in 2004 and to the first to open an Islamic Banking branch in Pakistan.
Our Islamic Banking innovation capability is reflected by being the first and only bank to launch and offer a Shariah Compliant Credit Card in the country.
Standard Chartered Saadiq offers a comprehensive Islamic product suite for our Corporate Finance/ Commercial Banking and Retail Banking clients. It also has some globally recognized capabilities and deals to its credentials. Saadiq’s client base cuts across all business segments and is growing at a consistent pace.