Meethaq Islamic Banking in Oman has launched a savings plan to help customers build financial stability with smart savings. This plan encourages people to save regularly while enjoying exclusive benefits. The bank continues to provide innovative services that follow Islamic banking principles.
The savings plan allows customers to save a fixed amount at regular intervals. At the end of the plan, they receive a lump sum. This helps them meet financial goals like education, home ownership, or retirement. Both Omanis and non-Omanis can take advantage of this opportunity.
Customers can start saving with a minimum contribution of 50 OMR per month. They can also choose quarterly, semi-annual, or annual deposits. To make financial stability with smart savings more flexible, the bank offers a partial withdrawal option. Customers can withdraw 10% of their savings once per year if needed.
The savings plan also provides takaful coverage of up to 100,000 OMR. This coverage acts as a safety net in case of unforeseen circumstances. Meethaq ensures that customers feel secure while growing their savings.
Sami Bait Rashid, Assistant General Manager at Meethaq, explained the importance of saving early. He said this plan supports long-term financial goals and encourages responsible money management. The bank aims to help customers plan for large expenses while ensuring financial security.
Meethaq has also made banking more convenient. Customers can open the savings plan online through Internet Banking or the Mobile App. This allows easy access, especially for those living far from bank branches. By offering digital solutions, the bank promotes financial stability with smart savings for all.
Since its establishment in 2012, Meethaq Islamic Banking has received multiple awards for excellence. The bank remains dedicated to offering financial solutions that support customers’ aspirati