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Standard Chartered became the first international bank in Malaysia to offer Islamic banking products in 1993, and Standard Chartered Saadiq Berhad was incorporated in 2008 as a full-fledged Islamic banking subsidiary.
At Standard Chartered Saadiq Berhad, we offer a wide range of products and services that comply with the Syariah principles that govern Islamic banking and finance.
The Shariah Committee (SC) was formed in October 2000 with the mandate given by the Board of Directors of Standard Chartered Saadiq Berhad to oversee the bank’s Islamic banking business and ensure we comply with the strict requirements of Shariah Law.
Standard Chartered Saadiq offers a comprehensive range of Shariah-compliant solutions through dedicated branches as well as via Islamic banking windows at Standard Chartered branches. In 2012, the Bank established Kuala Lumpur as its global hub for Islamic retail banking.
Standard Chartered Saadiq Berhad (SCSB) is a subsidiary of Standard Chartered Bank Malaysia Berhad (SCBMB). SCSB was set up in 2008 with the purpose of providing Islamic banking solutions to drive commerce and prosperity through our unique diversity.
Jun 6, 2024 · KUALA LUMPUR: Standard Chartered Saadiq Malaysia unveiled a major achievement on the establishment of Islamic Sustainable Accounts, at the recent Global Forum of Islamic Economics and Finance. The bank is proud to mark the milestone with PETRONAS in opening Islamic Sustainable Accounts for its subsidiaries engaged in sustainable activities.
Jun 17, 2010 · KUALA LUMPUR: Standard Chartered Saadiq Bhd (Saadiq), the Islamic banking arm of Standard Chartered banking group, opened a new branch in Ampang yesterday as part of its expansion plan to strengthen its presence in Malaysia.
KUALA LUMPUR: Standard Chartered Saadiq Malaysia has appointed Bilal Parvaiz as its chief executive officer (CEO) with effect from March 15, 2024. In a statement today, the bank said Bilal will take over the reins from Mohd Suhaimi Abdul Hamid who will be stepping down to pursue other opportunities.
Jan 17, 2024 · Standard Chartered Saadiq CEO Says Islamic Banks Must “Catch Up Fast” on Digitisation. A swift digital transformation is unfolding across the world’s financial sectors, and Malaysia’s Islamic banking sphere is very much part of this change. Offering insight into this evolution is Mohd Suhaimi Abdul Hamid, CEO of Standard Chartered ...
Oct 4, 2021 · RAM Ratings has reaffirmed the AAA/Stable/P1 financial institution ratings (FIRs) of Standard Chartered Bank Malaysia Berhad (Standard Chartered Malaysia or the Bank) and Standard Chartered Saadiq Berhad (Saadiq).
