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Omani religious affairs ministry signs MoU with Bank Muscat’s Meethaq

Posted on 14 February 2013

The Ministry of Awqaf and Religious Affairs has signed a memorandum of understanding (MoU) with Meethaq Islamic Banking Group, the Shari’ah-compliant window of Bank Muscat. The MoU was signed by Sheikh Abdullah bin Mohammed al-Salmi, Minister of Awqaf and Religious Affairs and Sulaiman bin Hamad al-Harthy, General Manager of Meethaq Islamic Banking Group.
Under the agreement the Ministry will open bank accounts in its names with Meethaq Islamic Banking Group, which will provide the required facilities to collect and distribute donations via all Meethaq products and channels, such as branches, ATMs, internet banking services, phone banking, collection and distribution of Zakat………………………………………..Full Article: Source

 
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