The Standard Chartered Saadiq Sadaqah account has enabled customers to make donations to charities of their choice directly from their accounts.
This unique solution made it possible for individuals like Ashik Mia – a young man with impaired hearing and learning disabilities – to receive specialised training from PFDA-Vocational Training Centre, read a press release on Tuesday.
Contributions from customers have also made a difference in the lives of children such as Tinni Akter – a young girl with cerebral palsy, with support from the Centre for the Rehabilitation of the Paralysed (CRP). Tinni has been admitted to the William and Marie Taylor Inclusive School.
Donations have also helped individuals access medical aid and healthcare at hospitals operated by Friendship in remote areas across Bangladesh.
Launched in 2021, the Standard Chartered Saadiq Sadaqah Account is designed to support clients and their philanthropic ambitions.
The Saadiq Sadaqah Account utilises Islamic and Shariah-compliant principles to meet the need of vulnerable communities across Bangladesh.
Current charity partners include the JAAGO Foundation, Friendship, PFDA-Vocational Training Center, UCEP Bangladesh, and Centre for the Rehabilitation of the Paralysed (CRP).
Donations made via the Saadiq Sadaqah Account are helping to power education for underprivileged children; skills development for women; various healthcare initiatives; economic development of artisans; rehabilitation and support for the disabled; learning opportunities for autistic children; and climate action and awareness.
Managing Director and Head of Consumer of Standard Chartered Bangladesh’s Private and Business Banking Sabbir Ahmed said, “In recent years we have become even more acutely aware of the importance of giving back. Across Bangladesh, there are many individuals and communities that can benefit from our help – both on an individual and collective level. We are proud that for the last few years, the Standard Chartered Saadiq Sadaqah Account has made it simpler for our customers to make hassle-free donations to five trustworthy organisations. We are proud to work hand-in-hand with our charity partners and our clients to continue to lift participation.”
Standard Chartered Saadiq is the only international Islamic banking proposition in Bangladesh for both retail and corporate clients.
