Standard Chartered
Standard Chartered Group
Sustainability

Access to Financial Services

Islamic Banking

With a dedicated unit in Dubai and teams based in Pakistan, Bangladesh and Malaysia, Standard Chartered is now the leading foreign provider of Islamic Banking services.

This ranking is down to our strategic position and our full range of Islamic banking products and services, which we have been developing since 2003.

  • We provide a comprehensive range of 10 Islamic Personal Banking products from mortgages and Murabaha Auto to credit cards and investment funds.
  • Our range of 16 Islamic Wholesale Banking products includes short-term and trade finance, cross currency swap and money market deposits.
  • We also provide Wholesale Banking products such as syndications, Sukuk and other Islamic capital market products to customers in countries such as Kuwait, Saudi Arabia, Qatar and Bahrain.
  • Having worked closely with other Islamic banks, we can structure transactions in a way that will satisfy the Sharia board requirements of banks in the Gulf Cooperation Council and Far East Asian markets.

Quick facts

  • Number of MFI partners: 41
  • Total Portfolio: $170 million
  • Number of countries covered: 13 countries across Asia and Africa
  • Estimated number of individuals impacted: 1.2 million
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