Meethaq Islamic Banking from Bank Muscat has launched “Meethaq Medical Finance,” reinforcing its commitment to fostering innovation and providing Sharia’a-compliant financial solutions that meet the evolving needs of customers across the Sultanate.
Based on the Service Ijarah concept, “Meethaq Medical Finance” enables customer to access top-quality medical treatment through partnerships with leading healthcare institutions. The new solution offers a range of benefits, including medical financing covering up to 100% of the treatment cost at leading hospitals and healthcare centers across Oman. Customers can also enjoy convenient repayment options and competitive rates that simplify access to advanced medical services and comprehensive healthcare. Eligible customers may avail a repayment period of up to 36 months, with financing amounts of up to OMR 15,000. Omani nationals and expatriates earning a minimum monthly salary of OMR 500 and OMR 1,000, respectively, can apply for Meethaq’s medical treatment financing facilities.
On this occasion, Sami Bait Rashid, Assistant General Manager – Meethaq Personal Banking stated: “Meethaq Medical Finance is launched as part of Meethaq’s ongoing efforts to develop innovative and comprehensive financial solutions that enhance individuals’ wellbeing and meet their diverse needs, in cooperation with trusted domestic healthcare institutions. Meethaq has become one of the key pillars of the Islamic banking sector in the Sultanate, driven by unwavering commitment to delivering Sharia’a-compliant and flexible banking products. The launch of this new solution reaffirms Meethaq’s pioneering role in supporting the Sultanate’s economic and social development. We remain dedicated to providing diverse banking solutions and competitive options that support the aspirations of our valued customers.”
The full suite of Meethaq’s Shai’a-compliant solutions and products aligns with its strategic direction of creating long-term value for society and contributing to the national development in line with Oman Vision 2040. For more information about Meethaq’s medical financing product, please visit the Meethaq webpage through Meethaq Medical Finance or call 24656666.
Meethaq also operates the largest branch network within the Islamic banking sector in Oman, with 32 branches across various governorates, in addition to more than 64 cash deposit and withdrawal machines. Meethaq customers can also access around 900 Bank Muscat ATMs, enabling them to conveniently explore the banking services and solutions available to them.
As a testament to its pioneering role in delivering exceptional Sharia’a-compliant banking solutions, Meethaq has received multiple prestigious accolades, including the Market Leadership in Islamic Banking Award from Global Islamic Finance, the Best Islamic Digital Bank in Oman from Global Finance, the Best Islamic Bank in the Oman from Euromoney, and the Best Islamic Investment Bank from Islamic Finance News.
