Saadiq Auto Finance

At Standard Chartered, we believe in providing products which not only respect your principles but also offer solutions to fulfil your needs and dreams. Saadiq Auto Finance has been designed with these specific objectives.

The financing principle

Standard Chartered Saadiq Auto finance is based on the principles of Murabaha and combines the convenient features of banking with Standard Chartered. Like all our other Saadiq products, Saadiq Auto Finance has been approved by our renowned Shariah Supervisory Committee.

Flexible payment schedule

We offer financial periods up to 60 months. You can enjoy convenient monthly instalments in order to help you organise your financial commitments and make your payments easy to meet.

Easy access and application

To apply for Saadiq Auto Finance, just call us on 17 531 532 or walk into your nearest Standard Chartered Branch. Our banking hours are from 8.00 am to 2.30 pm, from Sunday to Thursday. Our Saadiq Auto Finance Consultants are also available at the leading auto dealerships to offer you efficient on-the-spot service.

Our financing procedure is quick and straightforward

Step 1: You approach us with a request to purchase a vehicle from us

Step 2: We buy the vehicle of your choice from the dealer against payment of cash price

Step 3: We will then sell the vehicle to you at a price that includes an agreed profit