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HM The Sultan Arrives in Kuwait

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

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HH Sayyid Bilarab Chairs Meeting of Omani Startups’ Supervisory Committee

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His Majesty Exchanges Ramadan Greetings With Arab, Islamic Leaders

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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 Unveils Exclusive Ramadhan Offer on Auto Financing and Salary Transfer

MUSCAT,

In alignment with its commitment to providing unparalleled customer value proposition, Meethaq Islamic banking from Bank Muscat proudly unveils exclusive offers to commemorate the Holy month of Ramadan. Customers will be thrilled by the opportunity to receive guaranteed cashback for transferring their salary. Those who transfer their salary to Meethaq Islamic Banking will be eligible for a cash back up to OMR 500 on the first salary credit, capped at 10% of total salary.  Individuals must maintain a minimum monthly salary of RO 250. Furthermore, customers who receive the cash bonus need to maintain an active salary account, ensuring regular salary credits for a minimum of 12 months from the initial salary transfer date. The cashback benefit extends specifically to savings accounts, providing added value to our customers’ banking experience.

Revving up the excitement even further, both existing and new customers can benefit from a competitive profit rate of 4.85% (excluding life takaful) on Auto Finance for both new and used cars, valid until May 2nd, 2024.  Eligible customers can avail financing of up to 80% of the vehicle’s value, with reduced payments and extended financing tenure of up to 10 years. Meethaq customer can enjoy the convenience of accessing and managing their finances seamlessly through Meethaq’s expansive network of branches across Oman. Applicants can benefit from swift processing and minimal documentation requirements for both of these offers. The launch of these highly attractive offers follows a detailed study of the needs of different customer segments in the country. This initiative aims to further enhance the services and facilities offered.

On this occasion, Sami Bait Rashid, Assistant General Manager – Meethaq Personal Banking, expressed his enthusiasm, stating: “We are delighted to introduce our special Ramadan offers, which empower customers to make substantial savings on our auto financing product and enjoy a cashback on salary transfer offer. Each year, these offerings attract significant interest, enabling customers to benefit from a competitive profit rate and a wide range of facilities. I would like to take this opportunity to express our gratitude to our valued customers for their trust in Meethaq’s financing solutions and our comprehensive suite of products and services.”

Continuing its dedication to delivering a world-class Islamic banking experience to its customers nationwide, Meethaq has solidified its position with the largest Islamic banking network in Oman consisting of 28 branches strategically situated across Oman. Moreover, Meethaq also has a dedicated network of over 50 ATMs and CDMs, providing its valued customers a seamless free access to more than 800 ATMs and CDMs of Bank Muscat, facilitating hassle-free banking transactions for customers throughout the country. Each product offered by Meethaq undergoes rigorous Shari’a compliance endorsement by the Shari’a Supervisory Board, ensuring adherence to the guidelines set forth by the Central Bank of Oman.

For more details about Meethaq’s Auto Financing, please go to https://www.meethaq.om/en/consumerfinancing/Pages/details.aspx#car or call on 24656666.

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