Saadiq FX Forwards

It offers you a convenient, Shariah compliant solution to manage your currency exposures against adverse fluctuations. Saadiq FX Forward utilises the 'Wa'ad' structure to allow Islamic companies and institutions to hedge forward FX exposures under a Shariah compliant structure.

Saadiq Structured Deposits

You can benefit from various asset classes with the flexibility of a short to medium term tenure.

• Saadiq Fixed Deposit
  If you have excess liquidity and are looking for an avenue to place your funds for a fixed period then Saadiq Fixed Deposit based on "Commodity Murabaha" structure is the right product for you. The product offers attractive returns, flexible tenors and the convenience to prematurely withdraw your funds in case of any emergency. Early settlement from Saadiq Fixed Deposits will be as per the terms agreed between Bank and Customers at the time of early settlement.
• Saadiq Structure Derivative Deposit Products
  This is a group of innovative investment products consisting of Islamic Yield Differential Accrual (YDA) and Islamic Global Yield Model (GYM).
  • Saadiq YDA
    • Targets annualised return of 12-13%
    • 100% principal protected
    • Focus on G10 currencies
    • Shariah compliant
  • Saadiq GYM
    • Targets annualised return of 15-17%
    • 100% principal protected
    • Focus on G10 and emerging market currencies
    • Shariah compliant