• Finance amounts: Avail of finance amounts up to AED 250,000 at a competitive, pre-arranged profit rate.
• Flexible payments: Enjoy convenient monthly installments. We offer financial periods of up to 60 months for expatriates and 84 months for UAE nationals.
• Additional Finance: If needed, we can arrange additional finance up to the original amount, during your existing finance tenure, provided your payments have been regular.
• Transferring existing finance: If you already have a financial arrangement with another bank, you can transfer it to Standard Chartered Saadiq Personal Finance with a smooth and hassle-free process.
• Islamic Credit Life Cover: Your finance amount is fully covered by Aman Insurance a Shariah-compliant insurance provider. In the unfortunate event of death, all outstanding payments will be waived completely, so that financial burdens are kept to a minimum.

Saadiq Personal Finance is based on the Tawaruq concept, which is a widely recognised Islamic finance tool. Our financing procedure is quick and straightforward, involving two independent transactions.

• Transaction 1
  • Step 1: You approach us with a request to purchase metals.
  • Step 2: We sell the metals to you at a price that includes a fixed profit margin and you agree to pay the whole amount in fixed Equal Monthly Installments (EMI).
• Transaction 2
  • Step 1: We help you then sell the metals at a price to an international trader. The proceeds from the sale will be deposited into your Account.

Click here to read about the details of the Shariah Supervisory Committee