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Home > Personal Banking > Managing Your Needs > Standard Chartered Saadiq > Saadiq Accounts > Saadiq ACTIV Account


    Saadiq Accounts
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I Saadiq ACTIV Account I

No minimum balance
plus a world of benefits.*


At Standard Chartered, we believe that banking should come with peace of mind. That's why we are pleased to present Standard Chartered Saadiq ACTIV Account that offers you convenient banking without compromising your beliefs. The Saadiq ACTIV Account allows you to transact, and enjoy a world of benefits, features and services that complement your lifestyle.

  • No minimum balance requirement
  • Free Debit Card and cheque book
  • Free unlimited cheque issuance
  • Free remittances1
  • Free teller transactions2
  • Free quarterly statements

Free personal accident coverage
Coverage of up to AED 50,000 for the account holder from Aman Insurance, a Shariah-compliant insurance provider. The cover includes death (disbursed to beneficiary) and permanent or partial disability from accidents.
For more information, please call 04 3379987.

Free travel inconvenience cover (Outside the UAE)
  1. Baggage delay or loss: If your baggage is delayed for more than 4 hours, you will be eligible to receive AED 500, and in the event of loss of baggage the eligibility will be AED 1,000.
  2. Loss of Passport: All expenses incurred by the Account holder towards replacement of the lost passport e.g. fees, penalties and courier charges will be covered by AMAN Insurance.

For more information, please call 04 3379987.

Discount on car insurance
Avail up to 7% discount on your annual car insurance premium when you insure your car through Aman Insurance.
For more information, please call 04 3379987.

Discount of 5% on the following
travel services
  • Airline tickets3
  • Holiday packages
  • Hotel booking within and outside the UAE
  • MARHABA services in Dubai
  • Limo transfers
  • Dhow cruise dinners
  • Desert safari
  • Helicopter rides
  • Hot air balloon rides

Free delivery of tickets to your office or home
This service is available for deliveries in Dubai only and requires a minimum notice period of 24 working hours. Available between 10 am and 6 pm from Saturday to Thursday.

All above bookings should be made through the MM I Travel office located on Sheikh Zayed Road, Dubai. For more details and bookings please call 04 4045999 - the dedicated number for Saadiq ACTIV Account holders, available 8 am to 6 pm -Saturday to Thursday.

1 Four free remittances worth AED 300 or more per annum. A nominal charge of AED 80 applies from the fifth remittance onward.
2 Four free teller transactions per month. A nominal charge of AED 20 applies from the fifth transaction onward.
3 Discount on airline tickets excludes taxes, sectors of Bahrain, Muscat, Salalah, Doha, and airline carriers Air Arabia and Indian Airlines.
   
 

A nominal monthly charge of AED 40 applies for Saadiq ACTIV Account.

* Terms and Conditions apply.

Opening up the world for you
Your free Debit Card with Saadiq Savings, Current or ACTIV Account will give you access to your funds anywhere in the world. You can use your Debit Card to make purchases at over 12 million merchant establishments and 1 million ATMs under the VISA network worldwide.

Round-the-clock banking convenience
Enjoy the freedom of banking 24 hours a day, 7 days a week, from wherever you are in the world, along with the convenience of:

  • Free iBanking- Manage your Account anytime, anywhere in total security and confidentiality with our Internet banking service.
  • 24-hour Phone Banking service
  • Automated Teller Machines (ATM’s) available at over 50 convenient locations
  • Cash and Cheque Deposit Machines (CDM’s) at select branches in the UAE

Shariah Supervisory Committee
Standard Chartered Saadiq products are supervised by the independent Shariah Supervisory Committee. The Committee regularly reviews as well as appraises the products and the transactions structured by Standard Chartered. The Committee currently comprises two of the world's most renowned and respected scholars in Islamic Banking:

Dr. Abdul Sattar Abu Ghuddah
With a Ph.D. in Islamic Law from Al Azhar University, Cairo, Egypt, Dr. Abu Ghuddah is currently a member of the Shariah Board of several Islamic institutions in various parts of the world.

Sheikh Nizam Yaqubi
With a Bachelor’s degree from McGill University, Canada, Shiekh Yaqubi currently holds highly respected positions on the Shariah Boards of many Islamic institutions worldwide.

For more information, visit your nearest Standard Chartered branch or call us on +971 4 3138888 or email us.

* These products are governed by the Standard Chartered Saadiq Terms & Conditions available at the Bank’s branches across UAE.

 


Saadiq Current Account
Saadiq Savings Account
Saadiq Term Account
Saadiq ACTIV Account



 
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