As part of its ongoing commitment to distinguished and exclusive services to its valued customers, Meethaq Islamic Banking offers savings account designed to cater to various segments of society with a wide range of sharia-compliant banking options. Meethaq is dedicated to innovation and excellence in customer service as its products reflect its continuous efforts to meet its customer’s aspiration by developing innovative products and delivering unparalleled services for a unique banking experience.
Being the leading Islamic banking service provider, Meethaq focuses on launching products and services tailored to meet customers’ needs. The Meethaq Savings Account represents an opportunity to set up long-term goals, thus contributing to enhancing the culture of saving in the country.
The Account offers a wide range of features, including competitive profit rates credited to the customer’s account on a monthly basis, no minimum balance requirements for profit eligibility, free Life Takaful for customer maintaining an average balance of RO 30,000 or above, no minimum balance fee.
Customers can manage their account wherever they are with free, round-the-clock e-banking services, including internet banking, ATMs and CDMs. The account allows them to enjoy flexibility when shopping through millions of visa-approved outlets worldwide and to pay electricity, water, telephone, internet, schools and services bills.
The Meethaq Savings Account is based on the concept of mudarabah – a kind of partnership under Islamic Shari’a. All Meethaq products are designed according to the guidelines set by the Central Bank of Oman for Islamic banking and undergo a thorough compliance certification process by the Bank’s Shari’a Supervisory Board.
Throughout its successful career, Meethaq Islamic Banking has received praise for its leadership in providing the best banking services and facilities that comply with Islamic principles and provisions. Meethaq Islamic banking has won numerous prestigious local, regional and international awards, such as the Best Digital Bank Award from Global Finance, the Global Private Banking Award from PWM/The Banker, the Global Islamic Finance (GIF) Market Leadership Award, and Oman’s Best Domestic Islamic Bank Award from Euromoney.
