• Finance amounts: Avail of finance amounts up to AED 400,000 at a competitive, pre-arranged profit rate.
• Flexible payments: Enjoy convenient monthly installment. We offer financial periods of up to 48 months.
• Additional Finance: If needed, we can arrange additional finance 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.
• Installment Deferment: Possibility of being able to postpone monthly payments twice a year.

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