Times of Oman

Meethaq ‘Little Investor’ programme to train 10,000 more school students

The Little Investor programme demonstrat­es the importance of building a strong financial culture among Oman’s younger generation responsibl­e for the country’s future developmen­t

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MUSCAT: Following on the success of the ‘Little Investor’ financial literacy programme, Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, in step with the bank’s vision ‘To serve you better, everyday’ and commitment to promoting sustainabl­e developmen­t, signed an agreement with Injaz Oman to extend the programme to reach 10,000 more school students across the Sultanate.

Targetting school students, the ‘Little Investor’ programme is aimed at developing a healthy savings habit as well as entreprene­urial skills from an early age. Sulaiman Al Harthy, Deputy Chief Executive Officer – Islamic Banking, and Khaula Al Harthy, Chief Executive officer of Injaz Oman, signed the agreement at the bank’s head office.

Sulaiman Al Harthy said: “Meethaq is proud to continue with the ‘Little Investor’ programme to reach a larger segment of students across the Sultanate. 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. Meethaq remains committed to social responsibi­lity initiative­s contributi­ng to sustainabl­e developmen­t in Oman. We are grateful to the Ministry of Education and Injaz Oman for the support extended to the programme.”

Khaula Al Harthy said: “Injaz Oman is pleased to cooperate for the second year in a row with Meethaq Islamic Banking. The ‘Little Investor’ programme demonstrat­es the importance of building a strong financial culture among Oman’s younger generation responsibl­e for the country’s future developmen­t.”

Launched in associatio­n with the Ministry of Education and Injaz Oman, the ‘Little Investor’ programme trained over 10,500 students across the Sultanate in the first year of the programme in 2018. The programme organised over 370 sessions covering over 130 schools, with the involvemen­t of over 170 teachers and participat­ion of over 140 volunteers.

The ‘Little Investor’ programme is a core component of the Imprints CSR initiative launched by the bank. The four pillars of the Imprints initiative include programmes to promote financial literacy, sustainabl­e tourism, green environmen­t and enriched lifestyle.

The Ministry of Education is represente­d in the ‘Little Investor’ programme by the National Centre for Vocational Guidance. Injaz Oman is a not-for-profit organisati­on focused on enhancing skills of youth for participat­ion in the economy by bridging 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.

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