SCB launches Saadiq Instalment plan for its credit card customers

Saadiq, Standard Chartered’s Islamic Banking division, has enhanced its product suite by introducing travel packages and products through the Saadiq Instalment Plan on the Saadiq Credit Card – the only Shariah Compliant Credit Card available nationwide. Clients can now enjoy payback in easy instalments of up to 12 months, with no processing fees or extra charges. They can avail these facilities on air tickets, holiday packages, Umrah packages and on a large range of home appliances and electronics, including  home furnishing products from  Habitt and Interwood stores. To introduce the instalment plan to the Saadiq suite, Ali Allawala, Head , Islamic Banking – Retail Clients, comments, “Developing Islamic Banking products based on customer needs is a key focus area of the Bank. Our comprehensive range of Islamic banking products and services are innovative and unique in the country. By further catering to the Islamic banking market, Standard Chartered Pakistan is able to strengthen its position as the bank of choice for clients.”