Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, has launched a first-of-its-kind salary bonus scheme for customers. Marking the season of celebration, new Meethaq customers can get 5% of their salary as a cash bonus when they transfer their salary to a Meethaq savings account.
The three-month limited period salary bonus scheme is open to all Meethaq customers with a minimum monthly salary of RO500. The maximum salary bonus is RO500 and the cash bonus will be paid once to customers after the first salary credit to Meethaq savings account. The customer has to stay with the bank for at least six months thereafter. The cash bonus will be given from shareholders’ profits / funds as hibah, a gift with no expectation of return.
Sulaiman Al Harthy, Deputy Chief Executive – Islamic Banking, said: “Coinciding with the season of celebration, Meethaq is delighted to launch the unique salary bonus scheme for customers. At a time when additional income makes a big difference in the lives of customers, Meethaq is continuing with the tradition of exclusive and innovative shari’ah compliant financial products and services. As the pioneer of Islamic banking service in the Sultanate, Meethaq is focused on offering high value proposition to customers. The bank remains committed to responsible banking and customer service excellence aimed at contributing to the country’s progress and development.”
Meethaq is focused on developing as a benchmark Islamic financial institution in Oman and the region. Within just three years of operations, Meethaq has attained a leading position in the Islamic banking industry in Oman in terms of financing receivables, branch network, products and services, IT infrastructure and human resources development.