Meethaq opens state-of-the-art branch in Al Ghubra
The bank opened a new branch as part of its focus to expand operations across the Sultanate
MUSCAT: Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, opened a state-ofthe-art branch on 18 November Street in Al Ghubra as part of its focus to expand operations across the Sultanate and offer worldclass Islamic banking experience to customers.
Hamdoon Al Harthy, Under-Secretary at the Ministry of Transport and Communications, was the guest of honour at the formal inauguration of the 20th Meethaq branch, attended by Sheikh Waleed Al Hashar, Chief Executive Officer, dignitaries and senior bank officials.
Abdulwahid Al Murshidi, DGM – Islamic Personal Banking, said: “Meethaq is proud to open the new branch in Al Ghubra as part of its commitment and dedication to meet customer expectations for Islamic banking. The banking sector in Oman is witnessing consolidation of Islamic banking and the state-of-the-art branch network reflects Meethaq’s focus to redefine Islamic banking operations in Oman. The new branch is designed to create a unique ambience and banking environment in line with the Meethaq brand values of true Partnership, Transparency and Trust. Meethaq plans to further expand the branch network as well as launch new products and services to complement the unique Islamic banking experience.”
In a short span of six years, Meethaq has recorded notable achievements supporting the country’s economic development and progress. Meethaq recognises the immense investment prospects and potential that Oman offers and is committed to supporting the strategic national initiative aimed at attracting investments in line with Oman’s Vision 2040 economic blueprint. In the context of economic diversification, Meethaq is positioned to address the requirements of all segments, ensuring innovative banking service benefiting communities across the Sultanate.
With emphasis on competitive channels and new products to cater to various sectors, Meethaq is focused on maintaining leadership in hi-tech products and services. Meethaq is committed to investments in state-of-the-art technology to further increase efficiency and improve customer service.
Targetted at high savings Meethaq customers, the Hafawa Priority Banking elevates personal and relationship banking to a new level.
Leveraging its unmatched nation-wide branch presence, Meethaq offers Hafawa Priority Banking services across all regions through the network of Hafawa Centres.
Meethaq maintains leadership position in the Islamic banking industry in Oman in terms of financing receivables, branch network, products and services, IT infrastructure and human resources.
Meethaq has made its mark with green energy initiatives starting with a pilot Meethaq branch using solar energy. Aimed at promoting renewable sources of energy in the Sultanate, the Al Khoud branch is the first bank branch in the Sultanate to fully operate on green renewable energy. The rooftop solar panel installation at Al Khoud branch has the capacity to produce 50 kw electricity. The solar-powered branch reduces carbon dioxide emissions by 52.56 tonnes per year.
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.