go back

Meethaq marks graduation of Little Investor programme

​MUSCAT, 5 May 2015 - Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, marked the graduation of ‘Little Investor’ programme, aimed at promoting Islamic banking concepts in society with particular emphasis on children and youth, at the bank’s head office. During the event, school students presented various projects reflecting innovation in savings and investments. The ‘Little Investor’ programme endorsed by the Ministry of Education was launched in co-operation with the Happy Family Centre for Family and Educational Consultancy.
Based on well-defined scientific principles, the savings and investment programme is part of Meethaq’s strategies aimed at promoting Islamic banking concepts. In the first phase of the programme, three schools were covered and more schools will be covered in the upcoming period in various governorates of the Sultanate.
The ‘Little Investor’ programme is aimed at promoting and disseminating the basic concepts of financial planning and saving among families and school students during various stages of schooling. By launching this programme, Meethaq Islamic Banking aims to realise a number of objectives, most importantly to familiarise participants with the fundamentals of financial planning and money management as well as scientific methods to be followed in financial planning, saving and maintaining proper financial records, the ultimate goal being to utilise this knowledge to develop prudent financial habits.

In 2014, Meethaq launched Baraem, the first Shari’a based children’s savings account in Oman. The special savings account for children is aimed at encouraging savings culture among them and helping parents to prepare for the future of children. Baraem is designed to help teach children handle money responsibly and encourage savings habit from an early age.

Meethaq is well positioned to provide Islamic financial expertise to diverse segments and thereby promote the good of society as a whole. Meethaq offers a full suite of Shari’a compliant products and services, including savings account, current account, home finance, auto finance, credit card, mobile banking etc.

Meethaq has adopted the best practices in Islamic banking and finance worldwide to combine a robust model which protects customers and complements the Islamic banking industry. Every Meethaq product goes through the process of Shari’a compliance certification by the Shari’a Supervisory Board and is created in line with the guidelines of the Central Bank of Oman.