Breaking News :

COMEX Global Technology Show 2024 Kicks off

HM The Sultan Arrives in Kuwait

Kuwaiti diplomat: Omani Sultan’s Kuwait visit indicative of strong ties

UAE President holds dinner banquet at Qasr Al Watan in honour of Sultan Haitham bin Tariq

UAE President receives Sultan of Oman upon arrival in UAE on state visit

Oman and UAE: Fraternal Bonds, Strategic Relations and Economic Partnership

OIA Announces Social Investment Policy, Launches “Qimam” Platform

POPS Supervisory Committee Holds First Meeting in 2024

Bank Muscat’s Sayyarati Auto Finance Option Comes with the Best Financing Facilities for Customers

“Ooredoo Oman Welcomes Khawla Al-Amiri as Chief People Officer, Reinforcing Commitment to Local Leadership Empowerment”

Bank Muscat Launches EAGLEs Programme: A Pioneering Leadership Engagement Across Branch Network

“Forging Tomorrow: A Global Imperative for Advanced AI Infrastructure”

“High-Paying Careers in Artificial Intelligence: Securing Your Future in the Evolving Job Market”

HM The Sultan Issues Two Royal Decrees

Unlocking New Horizons for Entrepreneurs: The Fourth Industrial Revolution

Royal Army of Oman Celebrates Passing Out of Officer Cadets, University Officers

HM The Sultan Offers Condolences on the Death of Kuwaiti Emir

HM The Sultan Gives Audience to Business People in India

HH Sayyid Theyazin Conveys HM The Sultan’s Greetings to Russian President

First Muscat Dialogue Sessions Begin

Oman and Switzerland Strengthen Bilateral Cooperation with Multiple Memoranda of Understanding

Empowering Coastal Women in Oman: “Mina” Project Unveiled

Information Minister Affirms Keenness to Strengthen Communication with International Media Institutions

“Oman’s Education and Innovation Drive: Sultan Haitham’s Vision”

UAE Space Agency launches National Space Academy to develop national cadres

HM The Sultan Presides over 8th Term Convening of Council of Oman

Selecting Topics Phase Launched of “Together we Make Progress” Forum

HM The Sultan Issues 2 Royal Decrees

Interior Minister visits Operations Chamber of Shura Council Elections

Omanis Cast Ballots for Shura Council’s 10th Term Membership

“Navigating Talent Challenges in Oman’s Telecom Sector”

“Bank Merger in Oman: A Human Resources Transformation Story”

Omantel’s 5G Excellence Recognized with “Samena Communications Award”

NHS scientist awarded £58,000 after being named ‘Paininarse’ on spreadsheet

‘Kill list’ | Mystery doc shows list of LinkedIn staff facing redundancy, days before HR announcement

HM The Sultan Receives Ambassadors’ Credentials

“Empowering Omani Women: A Message of Hope and Progress”

Mohammed bin Rashid opens GITEX GLOBAL

HH Sayyid Bilarab Chairs Meeting of Omani Startups’ Supervisory Committee

“Dhi Yazan bin Haitham Al Said Inaugurates Duqm Economic Forum “

Omani Woman: Clear Vision & Remarkable Achievements

“Strategies for Cultivating a Healthy and Productive Work Environment”

“Essential Reading for HR Professionals: 17 HR Books You Can’t Miss in 2023”

“Future-Proofing Your Career: Essential Skills for Tomorrow’s Job Market”

MAWARED annual book

Transformational Leadership: Inspiring Change and Achieving Excellence

“al sulaam Program (Episode four) with Dr. Aamal al bussaidi .”

“al sullam Program (Episode Two) with Dr. Ahmed Al-Ghusani.”

Nama Group and Omani Society for Human Resource Management (OSHRM) announce strategic partnership in Human Resources development

Saudi Oil Giant Aramco Announces $121 Billion Profit in 2023

Tender Board Signs Agreements with Karwa Motors on Government Procurement, School Bus Purchase

Najahi Business Banking from Bank Muscat: Empowering Small Businesses

His Majesty Exchanges Ramadan Greetings With Arab, Islamic Leaders

A’Rustaq Hospital Diagnoses Child with Gastric Wall Vein Bleeding

QCB Launches ‘FAWRAN’ Instant Payment Service

National Development Fund Partners with World Economic Forum

Qatar Chairs 49th Meeting of GCC Standing Committee for Combating Harmful Practices in International Trade

Saudi Arabia’s Air Connectivity Program Signs Deal with Eurowings to Enhance Air Connectivity between Saudi Arabia and the EU

HM King presented unique development model: Omani Ambassador

July 14, 2024

Meethaq Islamic Banking Successfully Upgrades its Digital Channels


Meethaq Islamic Banking from Bank Muscat has reached a significant milestone in its digital transformation journey by upgrading its e-channels system. This upgrade involved transitioning from a legacy core banking system to the advanced (T24) platform with the support of Systems Limited, a global system integrator. This strategic step underscores Meethaq’s commitment to driving innovation through cutting-edge technology, addressing customer needs and expectations, reducing operational costs, and enhancing time-to-market capacity.

The implementation of this new system is poised to reshape the Islamic Banking Landscape in the Sultanate, enhancing the customer experience and enabling them to easily and efficiently follow up on their transactions. Further, it will expand the range of banking services and functionalities available through Meethaq’s Mobile App and Internet Banking platforms. Meethaq remains steadfast in its pursuit of leadership by offering a diverse range of Shari’a compliant Islamic banking products and services.

The initiative aligns with Meethaq Islamic Banking long-term goals and strategy of fostering innovation and staying up-to-date with the global industry trends.  By elevating its Mobile App and Internet banking platforms through this digital transformation, Meethaq is poised to significantly enhance customers’ digital experience. With state-of-the-art features such as utility payments, fund transfers between accounts, PASI payments, Credit Card outstanding payments and the ability to open savings and fixed deposit accounts, customers can enjoy unprecedented convenience and flexibility in managing their finances.  Furthermore, Meethaq has implemented enhanced security features to safeguard customers’ sensitive information, ensuring peace of mind while banking online. Additionally, customers can now conveniently request Debit Cards, seamlessly link Debit Cards to multiple accounts, reserve safe deposit lockers and purchase gift vouchers for popular platforms such as Apple iTunes, Google Play, PlayStation, Xbox and Steam. These ongoing efforts reflect Meethaq’s commitment to delivering unparalleled service excellence and driving forward the objectives of Oman Vision 2040.

Meethaq Islamic Banking maintains its position as the most preferred provider of Sharia-compliant services and solutions in Oman, offering a comprehensive suite of Shari’a-compliant retail, corporate, and wholesale banking products and services. With a network of over 28 branches across the Sultanate, Meethaq ensures enhanced accessibility to banking services through a dedicated network of over 50 ATMs/CDMs along with free access to over 800 ATMs and CDMs of Bank Muscat. This accessibility underscores Meethaq’s commitment to serving a broad customer base.

In recognition of its pioneering role in the Islamic banking sector, Meethaq Islamic Banking has received numerous accolades from regional and global institutions. These include the Leading Islamic Banking Brand Award From “The Banker”, multiple prestigious awards from “Islamic Finance News”, The Best Islamic Bank Award in Oman, and several awards from “Global Islamic Finance” such as GIFA Market Leadership Award for 2023 and the Best Islamic Digital Bank Award in Oman. With consistent regional and global recognition, Meethaq Islamic Banking remains committed to maintaining its leadership position in the Sultanate’s Banking Industry.

Read Previous

Omantel bolsters cloud offerings with Google Cloud partnership

Read Next

Workshop Held on Using AI to Enhance Government Units’ Productivity

Most Popular