Standard Chartered Bank has launched a Shariah compliant version of its online banking platform, Straight2Bank, to provide cash management, securities services and reporting.
Standard Chartereds Islamic clients will be able to manage their cash and trade portfolios with the bank electronically.
Afaq Khan, CEO of Standard Chartered Saadiq, the Banks 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.
Shariah compliant Straight2Bank will be available to customers across all segments, including SMEs, in the United Arab Emirates, Bangladesh, Bahrain, Pakistan and Malaysia.
(JDC)