Prime Bank has launched Islamic Payroll Banking services to cater the growing demand for shariah-compliant financial solution, said a press release issued on Sunday.
This 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鈥� Islamic banking accounts, providing access to a range of services such as聽 account opening with zero balance, no minimum balance requirement, daily basis profit on savings account, account maintenance charge free, internet banking facilities, real time salary disbursements etc.
This initiative reflects Prime Bank鈥檚 commitment to fostering financial inclusion while respecting the religious and ethical values of its diverse client base.
鈥楶rime 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,鈥� said Nazeem A Choudhury, DMD of Prime Bank.
