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Meethaq
CURRENT ACCOUNT
Overview

You can safely deposit your funds and have unlimited access to them to conduct your daily personal or business transactions in Meethaq Current Account. The most preferred Islamic Current Account in Oman is based on the Shari’a principle of Qardh Hassan (non-profit bearing). The funds in Meethaq Current Account are used only for Shari’a compliant activities. Like thousands of others in Oman, you can trust Meethaq Current Account for its unmatched features powered by the latest banking technology and the most extensive branch/ATM networks in the Sultanate.

Shari’a Basis

Meethaq Current Account is based on the Islamic contract of Qard Hassan (interest free loan). You as a depositor will be the Lender and Meethaq will be the Borrower. The deposited funds are invested in halal activities only. Irrespective of the profit or loss generated by the bank from the investments, the funds are guaranteed payable on demand without any profit or penalty.

Please click here for the Shari’a Supervisory Board pronouncement on the Meethaq Current Account.

  • Free Debit Card (for individuals only) with daily cash withdrawal limit of Omani Riyals 600 from the ATM.
  • Withdrawal and deposit facility through nationwide ATM/CDM network and Meethaq Branches.
  • Free six monthly account statements.
  • Cheque book facility available.
  • Manage the account on the move with free 24x7 Electronic Banking services including Internet Banking, ATMs, Cash/Cheque Deposit Machines and Mobile Banking.
  • Flexibility to make purchases at 27 million visa endorsed shopping outlets worldwide.
  • Pay your bills for Electricity, Water, Telephone, Internet and Schools, etc.
  • Hassle free account opening process with minimum documentation.

Any Omani citizen or resident individual (single or joint) or a registered company can open the account in minutes by walking into any Meethaq branch


How is a Current Account product Shari'a Compliant?

What is the concept of Qardh?

What is the relationship between Current Account holder and Meethaq?
How to Apply

Open Meethaq Current Account by visiting a nearest Meethaq branch along with the documents as per the following:


For Individuals

For Companies

For a Trust/Association

For Educational Institutions
To know more