MUSCAT -- Maisarah, the Islamic Banking window of Bank Dhofar has launched a new fixed deposit product for its valued customers. The fixed deposit product is based on Mudarabah structure with very attractive profit sharing ratio. The product is offered through strategically located Maisarah branches in Muscat and Salalah. Maisarah fixed deposit options are available in tenure ranging from 1 month to 60 months. This unique option provides individuals, corporate and government institutions to invest fund according to their requirements and earn profit in a Sharia Compliant manner. Mr. Sohail Niazi, Chief Islamic Banking Officer of Maisarah said "Maisarah as a part of its strategy is focused on providing the best Islamic banking services that can cater to the investment and financing needs of individuals, corporates, and government institutions.
To be the best Islamic Banking service provider we are continuously focused on developing new products that can serve financial needs of our customers in the best possible manner." He invites the customers to visit Maisarah branches to experience the best Islamic Banking services. Abdul Hakeem al Ojaili, Acting Chief Executive Officer of BankDhofar said "We at Maisarah have a dedicated team working hard to ensure that we offer the best products and services to our customers to fulfil their financial needs. He added that launch of fixed deposit is another step towards meeting customer's demand and provide its customers an opportunity to earn attractive returns in line with their values."
Maisarah, being the Islamic window of an established bank has a competitive advantage in terms of established client network with long and deep relationships. This enables Maisarah to get customer feedback, and based on this feedback Maisarah can serve its customers by designing products and services to meet their specific needs. Maisarah believes in providing the best Islamic banking services to its customers to meet their financial needs and become a leading Islamic Banking Institution the first choice among its customers.
© Oman Daily Observer 2013
