Dhaka,

17 September 2024


Prime Bank starts Islamic payroll banking

Published: 20:30, 2 September 2024

Prime Bank starts Islamic payroll banking

Business Report

Prime Bank has launched Islamic Payroll Banking services to cater for 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.

News