Meethaq signs Imprints CSR agreements on energy conservation

MUSCAT: Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, as part of its commitment to social responsibility and partnership in sustainable development, signed two agreements linked to the Imprints social responsibility initiative launched by Bank Muscat.

The agreements relating to energy conservation and financial literacy programme for school students were signed at the bank’s head office in the presence of Management Team members, senior executives of the International Finance Corporation (IFC) and participating institutions and companies.

Sulaiman al Harthy, Deputy Chief Executive Officer — Islamic Banking, said, “Meethaq, in step with its commitment to social responsibility, is proud to join hands with leading Omani companies to chart the way forward for the Imprints CSR initiative.

At a time when the role of Islamic finance is increasingly seen in supporting economic and social development, Meethaq considers this a great opportunity for defining benchmarks in conservation of energy and financial literacy programmes.

Meethaq remains committed to social responsibility initiatives contributing to sustainable development in Oman.”

The Imprints programme on energy conservation focuses on green energy initiatives starting with a pilot Meethaq branch using solar energy.

Nafath, which is a leading player in energy conservation, will be responsible for implementing this project.