Meethaq Islamic Banking from Bank Muscat is dedicated to providing products and services that cater to the diverse needs and aspirations of its customers, including women. In this regard, the Neswa savings account from Meethaq has been specifically designed for women, ensuring greater ease of access to various financial services and offering unique benefits tailored for everyday needs and personalised services.
Neswa account holders can enjoy a wide range of features, including a Visa Debit Card with advanced security features for day-to-day payments, an ATM withdrawal limit of RO 800, access to the largest network of ATMs and CDMs across Oman, complimentary Takaful life cover up to RO 10,000, coverage up to RO 1,000 for loss of wallet or handbag resulting in misuse of cards, and coverage up to RO 100 for loss of ID cards and keys. Account holders can also receive attractive indicative profit rates on their average monthly balance and are eligible for up to 50% discount on the first year’s rental charge for safe deposit lockers. All Omani and resident women above the age of 18 are eligible to open a Neswa Savings Account with a minimum balance amount of RO 300 or a minimum salary transfer of RO 500.
Sami Bait Rashid, Assistant General Manager – Meethaq Personal Banking, said: “The Neswa Savings account has been designed in line with Meethaq Islamic Banking’s commitment to provide services and offerings suitable for various segments of society to cater to their specific needs, as well as providing aseamless experience for their day-to-day transactions. We are pleased to see the positive response on the Neswa savings account and we will continue to develop Meethaq’s various products, introducing new features in line with the global trends in the sector.”
As the pioneer of Islamic banking in the Sultanate, Meethaq has adopted industry best practices in Islamic banking and finance to provide a robust model that benefits its customers. It remains dedicated to its customer-centric vision, understanding evolving needs, and aligning services with global trends to achieve both present and future goals. 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. Meethaq’s alignment with AAOIFI standards (Accounting & Auditing Organisation for Islamic Financial Institutions) further distinguishes its products, ensuring a world-class Islamic banking experience.
For more details about the Neswa Savings Account, please visitMeethaq’s page: https://www.meethaq.om/en/depositproducts/Pages/details.aspx#neswa or call 24656666.
