In recognition of its leading role in providing banking services that comply with Islamic Shari’a principles, Meethaq Islamic Banking from Bank Muscat received the Best Domestic Islamic Bank Award in the Sultanate of Oman 2024 at the Euromoney Awards for Excellence. The award was received on behalf of the Bank by Mohammed Sultan Al Habsi, Chief Representative of the UAE Representative Office, Bank Muscat, at a recent ceremony held in Dubai in the presence of prominent industry figures from the Middle East and across the world.
“This achievement represents outstanding recognition by a reputed global organization and serves as a distinctive accolade to Meethaq’s record of success,” stated Sami Bait Rashid, Assistant General Manager, Meethaq Personal Banking. He added “This award reaffirms Meethaq’s leadership in providing various facilities and services compliant with the Shari’a, catering to the needs of different society segments. It gives us a greater responsibility to continue developing products, services and banking facilities for our valued customers.”
Every Meethaq product undergoes Shari’a compliance certification by the Shari’a Supervisory Board and adheres to the guidelines of the Central Bank of Oman. The adoption of the standards of the Accounting & Auditing Organisation for Islamic Financial Institutions (AAOIFI)standards distinguishes Meethaq Islamic banking practices in terms of products and services standardization.
Meethaq Islamic Banking boasts the largest Islamic branch network in Oman, with 29 branches, a dedicated network of over 50 ATMs/CDMs, and free access to more than 870 ATMs and CDMs of Bank Muscat across the country. Meethaq’s customers can also benefit from the online services available through the internet and mobile banking.
To ensure convenient access to banking services around the clock and to promptly address inquiries, Meethaq Islamic banking customers can call the 24/7 contact center at 24656666.
Meethaq has received several awards locally and internationally in recognition of its contributions to promoting the Islamic banking sector in the Sultanate. It received the Leading Islamic Banking Brand in Oman Award 2024, by the Global Brands Magazine, the Market Leadership Award in the field of Islamic Banking Operations by the Global Islamic Finance 2024, and the Most Trusted Brand by APEX Media.
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