NBO's Muzn Masjid Account Continues To Empower Communities, Ensuring Financial Stability
Date
10/24/2023 3:32:19 PM
(MENAFN- Mid-East)
National bank of Oman's (NBO) Islamic banking window, Muzn, stands as a solid pillar of support for endowments, masjids (mosques) and Quran schools. In line with their steadfast commitment to the community, NBO Muzn Islamic Banking proudly spotlights the Muzn Masjid Account, a reliable and enduring financial solution meticulously tailored to address the unique financial needs of these institutions. Power of Attorneys of masjids and Quran schools can open these accounts at any of Muzn branches and enjoy reaping tier-based profits, methodically calculated based on their daily closing account balances.
Salima Al Marzouqi, Chief Islamic Banking Officer of Muzn Islamic Banking, expressed her excitement, stating,“The Muzn Masjid Account echoes an era of meaningful collaboration with endowments, masjids and Quran schools. Beyond financial assistance, it signifies our shared pursuit of resilience, innovation and a brighter future. This enduring connection, anchored in our shared values and ethical ideals, embodies our commitment to nurturing progress and fulfilling aspirations together,“Our firm belief in the Masjid comes from the importance of these reformist religious and educational institutions, which are considered and constitute foundations of life and civilizations“.
Under this account, institutions can rest assured that their funds are managed in accordance with Islamic principles, all whilst enjoying competitive returns on their daily cash flow. In today's digital age, Muzn offers access to an online banking platform that ensures seamless and convenient financial management for institutions.
To further facilitate financial transactions in these Masjids accounts, Muzn provides a complimentary cheque book, simplifying the process for institutions. They can easily deposit cash through Muzn and NBO CCDMs (Cash and Check Deposit Machines), saving valuable time and effort in managing their finances. Muzn understands the importance of Waqf fund management for these institutions and offers a responsible and efficient approach to managing these funds. In addition to these benefits, the Muzn Masjid Account provides access to the NBO Merchant App facility, making it easier for people to make direct donations to Masjids accounts through the Merchant App QR code.
Spanning the past decade, Muzn's unrelenting devotion to these institutions has been resolute, with the Muzn Masjid Account serving as a testament to their dedication. Alongside offering Shari'a-compliant financial products and digital solutions, the Muzn Masjid Account remains at the forefront, providing vital financial support that continues to make a significant impact.
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