Meethaq joins hands with MoE

Bank Muscat has launched ‘Lit­tle In­vestor’ pro­gramme fo­cus­ing on stu­dents, who rep­re­sent the fu­ture of Oman

Times of Oman - - ROUND-UP -

MUSCAT: Coin­cid­ing with the new aca­demic year, Meethaq, the pi­o­neer of Is­lamic banking in Oman from Bank Muscat, in as­so­ci­a­tion with the Min­istry of Ed­u­ca­tion (MoE) and In­jaz Oman has launched a fi­nan­cial lit­er­acy pro­gramme cov­er­ing 4,000 school stu­dents in Muscat, Bati­nah and Dho­far gov­er­norates.

The pro­gramme fo­cus­ing on stu­dents, who rep­re­sent the fu­ture of Oman, is aimed at in­cul­cat­ing a healthy sav­ings habit as well as mo­ti­vat­ing them to de­velop en­tre­pre­neur­ial think­ing and skills from an early age. In the first phase of the ‘Lit­tle In­vestor’ pro­gramme, 1,000 stu­dents were trained in the fun­da­men­tals of fi­nan­cial lit­er­acy and en­trepreneur­ship.

The ‘Lit­tle In­vestor’ pro­gramme is a core com­po­nent of the Im­prints ini­tia­tive launched by the bank. Reach­ing out to the na­tion against the back­drop of pre­vail­ing eco­nomic and so­cial sit­u­a­tion, the Im­prints ini­tia­tive seeks to unite peo­ple in mak­ing a dif­fer­ence in re­cip­ro­cat­ing to what the coun­try has given them.

The ini­tia­tive marks a big step in the pub­lic-pri­vate part­ner­ship in mak­ing last­ing con­tri­bu­tions to so­ci­ety and the na­tion.

Highly am­bi­tious in its scope and reach, the Im­prints ini­tia­tive is a unique pub­lic-pri­vate part­ner­ship launched by Bank Muscat in col­lab­o­ra­tion with the Min­istry of Ed­u­ca­tion, Min­istry of Tourism, Muscat Mu­nic­i­pal­ity and the Pub­lic Au­thor­ity for Con­sumer Pro­tec­tion. The four pil­lars of the Im­prints ini­tia­tive are fo­cused on pro­grammes to in­cul­cate fi­nan­cial lit­er­acy, pro­mote sus­tain­able tourism, sus­tain green en­vi­ron­ment and en­cour­age en­riched lifestyle.

In­jaz Oman is a not-for-profit or­gan­i­sa­tion fo­cused on en­hanc­ing the skills of youth for par­tic­i­pa­tion in the econ­omy by bridg- ing the gap be­tween knowl­edge ac­quired through ed­u­ca­tion and skills re­quired for the job mar­ket. In­jaz sup­ports stu­dents to de­velop lead­er­ship, en­tre­pre­neur­ial skills, prob­lem-solv­ing, com­mu­ni­ca­tion, and soft skills through a se­ries of work­shops con­ducted by vol­un­teers.

Meethaq is well po­si­tioned to pro­vide Is­lamic fi­nan­cial ex­per­tise to di­verse seg­ments and thereby pro­mote the good of so­ci­ety as a whole. 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.

Meethaq thanked the Min­istry of Ed­u­ca­tion, the Na­tional Cen­ter for Vo­ca­tional Guid­ance and In­jaz for their valu­able con­tri­bu­tions to the ‘Lit­tle In­vestor’ pro­gramme. Meethaq re­mains com­mit­ted to so­cial re­spon­si­bil­ity ini­tia­tives con­tribut­ing to sus­tain­able de­vel­op­ment in Oman. At a time when Is­lamic fi­nance is con­sol­i­dat­ing its role in sup­port­ing eco­nomic and so­cial de­vel­op­ment, Meethaq reck­ons sus­tain­able so­cial de­vel­op­ment as a great op­por­tu­nity to com­ple­ment the coun­try’s progress and de­vel­op­ment.

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