Prime Bank launches ‘Sadaqah Jariyah’ account for ongoing vharity
Staff Correspondent
Prime Bank PLC has introduced the ‘Sadaqah Jariyah’ account, a new Islamic banking product that allows customers to donate to charitable causes continuously. This special account lets people make donations in memory of loved ones or for themselves, helping their contributions live on.
With the highest profit rates available, the ‘Sadaqah Jariyah’ account makes sure that donations keep supporting society through approved charities. Customers can choose to donate either in installments or all at once. Prime Bank PLC. signed an MoU recently with Dhaka Ahsania Mission, where the earned profit of the deposit will be donated. As a part of launching the product, Prime Bank also signed with Bangladesh Thalassemia Foundation, Center for Zakat Management and Mastul Foundation as well. All profits from this account will also go to these organizations. Prime Bank will manage these funds carefully and transparently.
Md. Nazeem A. Choudhury, Deputy Managing Director of Prime Bank PLC, said, “The ‘Sadaqah Jariyah’ account is a meaningful way for people to support charitable causes and ensure that their generosity continues.”
This new product under the bank’s Islamic Banking division is a part of Prime Bank’s goal to create a fairer financial system in Bangladesh by making banking more accessible. Prime Bank encourages everyone who wants to make a positive difference to open a ‘Sadaqah Jariyah’ account today.
