Select a page

Banking News

Shariah compliant Straight2Bank now available

Shariah compliant Straight2Bank now available

(18 December 2012 – Asia) Standard Chartered Bank has announced an Islamic version of its online banking platform Straight2Bank. The new platform expands client access to the bank’s Islamic products by providing a secure online portal that is compliant with Shariah laws for its growing customer base.

The Straight2Bank platform presents a convenient, branchless access to cash management, trade, securities services and reporting.

The introduction of a Shariah compliant Straight2Bank will improve operating efficiency for the Bank’s Islamic clients by enabling them to manage their cash and trade portfolios with the Bank electronically and instantaneously.

Afaq Khan, chief executive of Standard Chartered Saadiq, the Bank’s Global Islamic Banking business, commented: "We have observed growing client demand for Shariah-compliant banking services across our key markets. We are confident that the launch of this platform will serve to reaffirm our commitment to our clients in line with their needs and aspirations".
East & Partners's avatar

Comment on this article


Your comments will not be published. Required fields are marked *


Please enter the word you see in the image below:


Subscribe to our mailing list

Sign up now to keep up-to-date with the latest
market news and insights in B2B banking.

* indicates required

For more information please read our Terms and Conditions and Privacy Statements.