Standard Chartered Saadiq Bangladesh has been recognised as the nation’s “Islamic Bank of the Year”, along with “Best Islamic SME Bank” and “Best Islamic Retail Bank” at The Asset Triple A Islamic Finance Awards 2024. This year, Standard Chartered Saadiq has won a total of 38 awards across multiple countries. The franchise has also been globally recognised as the “Sukuk adviser of the year” and “Best Islamic Bank for Digital Innovation”. These awards signify Standard Chartered Saadiq’s position as the leading Islamic banking proposition in Bangladesh and across its unique global footprint.
Naser Ezaz Bijoy, Chief Executive Officer, Standard Chartered said, “As the only international bank with full suite of products and services under Islamic Banking, Standard Chartered Bangladesh is deeply committed to meeting the evolving needs of our clients by offering ethical and transparent financial solutions. These achievements underscore our dedication to provide best in class Shari’ah compliant financial solutions and the trust our clients place in us to provide services that align with their values. With strong support from policy and regulatory bodies, we have been able to enhance our offerings and promote financial inclusion, ensuring that more people have access to Islamic banking services. Under the guidance of the bank’s Global Shari’ah Board with recognised international scholars, we will continue to innovate and lead the Islamic Banking industry with integrity and excellence.”
Standard Chartered Saadiq is the only international Islamic banking proposition in Bangladesh for both retail and corporate clients. With a network spanning Asia, Africa, and the Middle East, its Shariah-compliant product offerings and processes connect companies, institutions, and individuals to, and in, some of the world’s fastest growing and most dynamic regions. Standard Chartered Saadiq’s Global Shariah Board is comprised of recognized and leading Islamic scholars from across the world.
In corporate and investment banking, Standard Chartered Saadiq supports clients with products and solutions ranging from cash management, import finance, export finance and standard working capital requirements to complex structured corporate finance solutions. In retail banking, innovative digital solutions such as Real Time On-Boarding (RTOB), Robotic Process Automation (RPA) and Saadiq Non-Face to Face (NF2F) enable customers to manage their finances with ease and comfort. Innovations like the Saadiq Sadaqah Account – a one-of-a-kind Mudaraba based savings account – empowers customers to make charitable donations seamlessly.
The Asset Triple A Islamic Finance Awards are the industry's most prestigious awards in what has rapidly become one of the most promising niches of global finance. The awards recognise the best Islamic banks and houses, as well as the deals that have played a role in defining the industry. The Asset adopts a rigorous approach in selecting the best Islamic institutions and transactions across the world.
– Press release
