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Localization of salaries enhances financial services

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Localization of salaries enhances financial services Empty Localization of salaries enhances financial services

Post by claud39 on Thu Oct 03, 2019 9:36 am

[size=36][rtl]Localization of salaries enhances financial services[/rtl][/size]

Wednesday 02 October 2019

Localization of salaries enhances financial services 980-Alsabbaq

Baghdad / Follow the morning
The competition between public and private banks in the provision of financial services continues after the localization of salaries came into effect, which led the banks within the Emiratization program to enter a real competition to attract beneficiaries.

Meanwhile, the state-run Islamic Bank of Nahrain announced that competition among banks is intensifying, and this is in any case suitable for the development of financial services to the public, and promote financial inclusion, which aims to benefit the largest segment of financial services that enhance the family economy. 

A statement issued by the bank said it called on the state departments to settle the salaries of its employees at its branches for the purpose of benefiting from the services provided by the bank in accordance with Islamic banking formulas.

"The MasterCard will enable the beneficiary employee to settle his salary to have priority in obtaining banking services, and will be covered by amortizing 25 percent of the remaining profit when he pays the full amount due," the statement said.

 He added that "the use of the bank card will enable the employee to obtain Murabaha real estate and Murabaha cars, travel, marriage and education without a sponsor to the employee or a member of his family to guarantee salary only, and work to raise the margin of seriousness of all Murabaha imposed on non-national customers with the bank."

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