Business Report :
Prime Bank has launched Islamic Payroll Banking services to cater to the growing demand for Shariah-compliant financial solutions.
The service enables businesses to manage payrolls in a manner that aligns with Islamic principles, offering a fully ethical and shariah-based banking experience for employees.
The new Islamic Payroll Banking service allows companies to deposit salaries directly into employees’ Islamic banking accounts, providing access to a range of services such as Account Opening with Zero Balance, No Minimum Balance Requirement, Daily Basis Profit on Savings Account, Account Maintenance Charge-Free, Internet Banking Facilities (MyPrime), Real-Time Salary Disbursements, etc.
This initiative reflects Prime Bank’s commitment to fostering financial inclusion while respecting its diverse client base’s religious and ethical values.
“Prime Hasanah Payroll Banking is a testament of our commitment to promote Islamic banking services in Bangladesh. Through our 146 branches country-wide, we are set to serve the growing needs for Islamic banking amongst the SME and Corporate customers.” – Nazeem A Choudhury, DMD of Prime Bank, commented.
Prime Bank has recently introduced Islamic Payroll Banking services to meet the increasing demand for Shariah-compliant financial solutions.
This service enables businesses to handle payrolls in a way that aligns with Islamic principles, providing employees with an ethical and shariah-based banking experience. The new Islamic Payroll Banking service allows companies to deposit salaries directly into employees’ Islamic banking accounts. It provides access to a range of services, including Account Opening with Zero Balance, No Minimum Balance Requirement, Daily Basis Profit on Savings Account, Account Maintenance Charge-Free, Internet Banking Facilities (MyPrime), and Real-Time Salary Disbursements.
This initiative reflects Prime Bank’s dedication to promoting financial inclusion while honouring the religious and ethical values of its diverse client base. Nazeem A Choudhury, Prime Bank’s DMD, stated, “Prime Hasanah Payroll Banking is a testament to our commitment to promoting Islamic banking services in Bangladesh. Through our 146 branches across the country, we are prepared to meet the growing demand for Islamic banking among SME and Corporate customers.”