Islamic SME Products

Saadiq SME Finance

Saadiq Short Term Finance

We offer short term finance to complement your working capital requirement. The short term finance is based on the Islamic Finance Concept of Murabaha. Murabaha is a recognized concept under which Standard Chartered Saadiq will acquire the goods / assets required by your business and sell the same to you by adding an agreed profit margin to it. The financing can be provided for purchase of tangible goods such as raw material, inventories, plant and machinery etc.

Saadiq Term Finance

We also offer medium to long term finance to help meet your expansion requirement. The product can be used to acquire fixed assets plant, machinery and equipment based on your specific requirements. The financing is structured using the Shariah Compliant mode of Diminishing Musharakah. Under the arrangement, Standard Chartered Saadiq will acquire fixed assets in partnership with you and rent out its share to you against periodic payments. The ownership of the assets is transferred to you at the end of the financing period.

All charges will be applicable as mentioned in the Schedule of Charges (SOC) of Standard Chartered Bank (Pakistan) Limited.