The first International Bank to raise awareness of UAE community about Islamic Banking

28 January 2015, Dubai, United Arab Emirates - Standard Chartered Saadiq has launched an Islamic financial education programme this month.  This programme aims to educate the UAE Community in the ways of responsibly handling their financial future in a Halal way.

Afaq Khan, Standard Chartered Saadiq's Global CEO says, "It gives me great pleasure to launch this programme to play our part for the community that we serve.  We hope that this programme goes a long way towards preparing youths towards a better financial age and help their future contribution towards making Dubai the capital of the Islamic economy. "

Standard Chartered Saadiq has decided to develop such a programme to contribute towards bringing about continued growth in Dubai, as well as developing sustainability in the long term for the local community, especially in helping the youths of today.  The curriculum is available in Arabic and English.

This programme comprises of a basic and an advanced module and has been first delivered at Al Sadiq Islamic English School on Monday 13 January 2015. The modules focus on the prohibition of transactions which involve riba, fair distribution of profit and loss as well as prohibition of transactions which involves uncertainty or speculation.  This is an extension of the Financial Education for Youth programme which Standard Chartered Bank has been running since 2013.  In 2014, Standard Chartered Bank delivered financial education to 2080 youths in the United Arab Emirates through 160 staff volunteers.

For further information please contact:
Charles Tan
Senior Regional Manager, Corporate Affairs
Standard Chartered Bank
T: +971 4 508 4936
E-mail: Charles.yc-tan@sc.com

Standard Chartered - leading the way in Asia, Africa and the Middle East
Standard Chartered is a leading international banking group. It has operated for over 150 years in some of the world's most dynamic markets and earns around 90 per cent of its income and profits in Asia, Africa and the Middle East.

This geographic focus and commitment to developing deep relationships with clients and customers has driven the Bank's growth in recent years. Standard Chartered PLC is listed on the London and Hong Kong stock exchanges as well as the Bombay and National Stock Exchanges in India.

With 1,700 offices in 70 markets, the Group offers exciting and challenging international career opportunities to over 88,000 staff. It is committed to building a sustainable business over the long term and upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. Standard Chartered's heritage and values are expressed in its brand promise, 'Here for good'.

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© Press Release 2015