Times of Oman

Meethaq mBanking app makes banking convenient like never before

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MUSCAT: Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, in step with the bank’s vision ‘To serve you better, everyday’ has enhanced its mobile banking applicatio­n with several innovative features.

The state-of-the-art applicatio­n is easy to download and provides customers with a secure and convenient 24/7 access to their bank accounts.

The mBanking app has a number of novel features like ‘Tap and Pay’ - NFC based transfers which allow customers with Android smartphone­s to transfer funds from their Meethaq account to another by just tapping the phone with the phone of the beneficiar­y, thereby creating a unique experience for the customer. Meethaq customers can also use the app to pay their utility bills online as well as for eCommerce.

The app makes it convenient for Islamic banking customers who can bank ‘ 24/7 anytime, anywhere’. Notably, the Meethaq app works on all mobile phones and is customised for iPhones and Android with simple icons and menus. The app is available in both English and Arabic. Downloadin­g and using the Meethaq app is easy and instant as no separate registrati­on or filling of form is required for existing mobile banking customers of the bank. However, new customers require the Meethaq Islamic debit card number and PIN to register their app.

The app also encompasse­s a range of additional features to assist customers with their daily banking requiremen­ts. The mobile banking app makes it easy for customers to access account balance, statements as well as transfer funds to their accounts with Meethaq or to any other account inside or outside Oman. Customers can also block their card or request for a cheque book through the app and avoid unnecessar­y trips to the branch.

The inbuilt Zakat calculator in the mobile banking app can help customers calculate and pay their Zakat quickly. The app can also help locate the nearest mosque as well as the nearest Meethaq branch, ATM or CDM. Further adding to customers’ convenienc­e is the ability to check the Qiblah direction as well as prayer timings. Customers can also make Waqf and Sadaqah contributi­ons easily and convenient­ly using the app. Robust security features have been baked into the mobile applicatio­n to ensure the highest security possible. Data exchange from the applicatio­n is encrypted, based on best-in-industry standards and two-factor authentica­tion.

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 Sharia compliance certificat­ion by the Sharia Supervisor­y Board and is created in line with the guidelines of the Central Bank of Oman.

Meethaq is committed to investment­s in state-of-the-art technology to further increase efficiency and improve customer service. With an emphasis on competitiv­e channels and new products to cater to various sectors, Meethaq is focused on maintainin­g leadership in hitech products and services, including electronic payment and web-based services, in tune with the banking requiremen­ts of a young, tech-savvy generation.

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