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Islamic Credit Cards

United Arab Emirates · 1 card

Standard Chartered Saadiq Islamic credit cards

Every Shariah-compliant card Standard Chartered Saadiq currently offers, with the contract behind each one and the fee schedule it came from.

Islamic windowMurabahah

Who Standard Chartered Saadiq are

An Islamic window: a Shariah-compliant division inside a conventional bank.

Listed by the CBUAE as 'Standard Chartered Bank (Foreign)' under Banks with Islamic Windows. Saadiq is Standard Chartered's global Islamic brand spanning Asia, Africa and the Middle East. Its UAE card range has contracted to a single product, Smart Saadiq; the two Saadiq Platinum variants documented in its own Service and Price Guide no longer have product pages. Unusually for this dataset, it publishes a full signed ISSC pronouncement naming all five UAE scholars.

Legal name
Standard Chartered Bank (UAE branch) — Saadiq Islamic banking
Parent group
Standard Chartered Bank
Head office
Dubai, UAE
Regulator
Central Bank of the UAE
Shariah board
Internal Shariah Supervision Committee (ISSC), UAEsource
sc.com/ae/islamic/

All 1 Standard Chartered Saadiq Islamic credit card

Smart Saadiq Credit Card

Zero fees on the things that usually cost money, plus 360 Rewards points

Annual fee
AED 315
Profit rate
3.69% /mo
Minimum income
AED 8,000 a month
Structure
Murabahah
Reward points

Full breakdown

Cards Standard Chartered Saadiq no longer offers

Saadiq Platinum Murabaha

Annual fee
AED 300
Profit rate
3.25% /mo
Minimum income
Not published
Structure
Murabahah
Withdrawn

Full breakdown

Saadiq Platinum Ujrah

Annual fee
AED 750
Profit rate
Not published
Minimum income
Not published
Structure
Ujrah
Withdrawn

Full breakdown

Other Islamic card issuers in United Arab Emirates