04/18/2021 | Press release | Distributed by Public on 04/18/2021 04:39
Ithmaar Bank and the Ministry of Justice, Islamic Affairs and Waqf launch monthly payment project for the Zakat and Sadaqat Fund
MANAMA, BAHRAIN - 18 April 2021 -Ithmaar Bank, a Bahrain-based Islamic retail bank, announced that is has started collaborating with the Zakat and Sadaqat Fund of Bahrain s Ministry of Justice, Islamic Affairs and Waqf to streamline Zakat and Sadaqat monthly payments in the Kingdom.
The collaboration will allow the Bank s customers to easily pay Zakat and Sadaqat directly into the Ministry s Zakat and Sadaqat Fund. The transfers can be completed through standing orders, direct debit or online transfers as part of the monthly payment project.