Online Banking Login
Saadiq Letter of Credit (LC)
It gives your suppliers the assurance of a world-class bank that respects Islamic values. When dealing with new suppliers, you can be confident that payment will be made only after the documents are received and verified, as per the agreed terms of the LC.
Saadiq Import Financing
This service helps provide financing solutions to pay for the goods you import through our Saadiq Import Finance. It is based on the 'Murabaha' structure where the Bank buys the goods from the foreign supplier and sells them to you at an agreed profit margin.
Saadiq Shipping Guarantee
For clearing your imported goods prior to receiving the shipment documents, you’ll need the Saadiq Shipping Guarantee. By utilising our guarantee, your goods will be cleared until such time that your shipment documents are received.
Saadiq Invoice Financing
Meet your import and export financing requirements with a complete open account financing solution. Using the Shariah compliant concept of ‘Musawamah’, we offer Islamic export finance so that you do not have to convert your export receivables into cash. We also offer you the flexibility to fund your open account imports through our Islamic import invoice financing, based on the 'Murabaha' structure.
Saadiq Performance Bonds and Other Guarantees
Saadiq Performance Bonds provide a bank guarantee to your customers by using the Islamic financing concept of 'Kafalah'. Using our expertise we offer you customized solutions that meet all your performance bond, financial and other guarantee needs.
Saadiq Export Letter of Credit Confirmation
It gives you peace of mind knowing that your payment is guaranteed by a leading international bank in full compliance with Shariah principles. This is extremely useful when dealing with new buyers or less familiar banks.
Saadiq Export Bills for Collection
To handle your collection requests by facilitating documents against acceptance, documents against payment or clean collections as per agreed terms. It eliminates many of your exporting hassles and helps simplify dispatch, payment tracking and reconciliation of your export collections.
Saadiq Export Bills under LC
Finance your export transactions in a Shariah compliant manner with Saadiq Export Bills under LC, using our innovative 'Musawamah' structure. In addition, our stringent checking standards and world-class service are applied to ensure that your documents are accepted, negotiated and despatched quickly.
Apply now to trade more
It is our constant endeavour to help you grow your business in accordance with your principles.
