MUSCAT,
In line with its strategies to enhance financial inclusion and to provide the best Islamic Banking facilities and products, Meethaq Islamic Banking from Bank Muscat, provides Ikram package for pensioners. It is a specialized package of Shari’a compliant financing products with attractive profit rates catered towards Omani pensioners. This package, was developed after a thorough analysis of the needs of retirees from government and private sectors, and it aims to meet their specific requirements.
Sami Bait Rashid, Assistant General Manager, Retail Banking, Meethaq, said: “Ikram package was developed in line with Meethaq’s strategy which aims to meet our customers’ needs and aspirations and enhance financial inclusion for retirees. We value our customers’ feedback and actively incorporate their suggestion in developing our products and services. Meethaq’s services have seen a significant surge, notably because they align with the latest banking trends. I would like to extend our sincere appreciation for our valued customers for their continuous trust in Meethaq’s services and products.”
In commitment to innovation and providing unparalleled services and products, Meethaq has designed this package to offer a comprehensive suite of Islamic financial services. Tailored to meet the diverse needs and aspirations of retired customers. These include competitive profit rates on savings, financing offers up to the age of 70, access to Credit Card facilities, exemption from minimum balance fees, and complimentary Takaful coverage up to the age of 65. Interested Customers can apply for this package by visiting their nearest Meethaq branch and obtain further details by contacting the 24/7 call center at 24656666 or visiting https://www.meethaq.om/en/consumerfinancing/Pages/details.aspx#ikram.
The ongoing focus remains on launching innovative Shari’a compliant products and services to enhance customers experience. It’s important to note that every Meethaq product undergoes a rigorous Shari’a compliance certification by the Shari’a Supervisory Board and is developed in accordance with the guidelines of the Central Bank of Oman. Meethaq’s adherence to AAOIFI standards (Accounting & Auditing Organisation for Islamic Financial Institutions) further distinguishes its banking practices ensuring standardization a world-class Islamic banking experience for customers.
Emphasizing its stance of excellence in the Baking sector, Meethaq Islamic Banking has received several awards from regional and global highly ranked institutions. During the past few consecutive years, Meethaq was awarded Oman’s Most Trusted Brand Award for Islamic Banking from “Apex Media”, the Leading Islamic Banking Brand Award From “The Banker”, multiple prestigious awards from “Islamic Finance News”, The Best Islamic Bank Award in Oman, and a number of awards from “Global Islamic Finance” such as GIFA Market Leadership Award for 2023 and the Best Islamic Digital Bank Award in Oman. Due to the continuous regional and global recognition it receives, Meethaq Islamic Banking commits to upholding its pioneering leadership presence in the Sultanate’s Banking Industry.
