Standard Chartered Saadiq, the Islamic banking division of Standard Chartered Bank, has launched its first dedicated Islamic banking centre in the UAE at the Al Khalidiya Branch in Abu Dhabi.
The new office, which will deliver an array of Shariah-compliant products and services, has been opened to bridge the service and distribution gap between Islamic and conventional banking.
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Standard Chartered global head Islamic Retail Clients & CEO Wasim Saifi said, "Standard Chartered Saadiq is the only international bank offering Shariah-compliant retail banking services in the UAE."
"We have a dedicated and qualified Islamic Banking team who are trained to provide our clients with world-class Islamic financial expertise and advise them on the best products and services that match their needs," Saifi added.
Standard Chartered manages 11 bank offices, five electronic banking units and more than 90 ATMS and cash deposit machines in UAE.
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