Prime Bank Launches Islamic Payroll Banking. | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Friday
July 11, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
FRIDAY, JULY 11, 2025
Prime Bank Launches Islamic Payroll Banking.

Corporates

Press Release
02 September, 2024, 01:00 pm
Last modified: 02 September, 2024, 01:05 pm

Related News

  • Prime Bank signs agreement with SIMPLETREE
  • Prime Bank signs payroll agreement with AkijBashir Group
  • Prime Bank Investment wins M&A advisory award
  • Prime Bank organises BAMLCO conference
  • Omera Petroleum tops LPG importer for second year

Prime Bank Launches Islamic Payroll Banking.

Press Release
02 September, 2024, 01:00 pm
Last modified: 02 September, 2024, 01:05 pm
Prime Bank Launches Islamic Payroll Banking.

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.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

 "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.

 

Prime Bank has recently introduced Islamic Payroll Banking services to meet the increasing demand for Shariah-compliant financial solutions. This service enables businesses to handle payrolls in a way that aligns with Islamic principles, providing employees with an ethical and shariah-based banking experience. The new Islamic Payroll Banking service allows companies to deposit salaries directly into employees' Islamic banking accounts. It provides access to a range of services, including Account Opening with Zero Balance, No Minimum Balance Requirement, Daily Basis Profit on Savings Account, Account Maintenance Charge-Free, Internet Banking Facilities (MyPrime), and Real-Time Salary Disbursements.

 

This initiative reflects Prime Bank's dedication to promoting financial inclusion while honouring the religious and ethical values of its diverse client base. Nazeem A Choudhury, Prime Bank's DMD, stated, "Prime Hasanah Payroll Banking is a testament to our commitment to promoting Islamic banking services in Bangladesh. Through our 146 branches across the country, we are prepared to meet the growing demand for Islamic banking among SME and Corporate customers."

#Primebank / #corporates / #tbs

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • BNP senior leader Salahuddin Ahmed. Photo: Collected
    No scope for electoral alliance with Jamaat, door not closed for NCP: BNP's Salahuddin
  • How tender rules and a lone bidder stall a $2.5b power plant
    How tender rules and a lone bidder stall a $2.5b power plant
  • Sketch: TBS
    No peace through concession — only struggle secures tomorrow

MOST VIEWED

  • Photo: Mohammad Minhaj Uddin/TBS
    SSC, equivalent results: Pass rate drops to 68.45%, GPA-5 also declines
  • In terms of stream of education, girls maintained their excellence as well. Photo: TBS
    SSC 2025: Girls dominate boys by over 5%
  • Govt vehicle purchase, foreign trip, new building construction banned: Finance ministry
    Govt vehicle purchase, foreign trip, new building construction banned: Finance ministry
  • Students sit for SSC exam at Motijheel Girls' High School on 10 April 2025. Photo: Mehedi Hasan/TBS
    SSC exam results out: Here's how you can check online and via SMS
  • The overall pass rate across all boards this year, 68.45%, is significantly lower than last year's. Photo: Focus Bangla
    SSC 2025: Rajshahi board records highest pass rate, Barishal lowest
  • Representational image. Photo: Collected
    35% tariff: Bangladesh, US 'agree on most issues' as first day of talks ends

Related News

  • Prime Bank signs agreement with SIMPLETREE
  • Prime Bank signs payroll agreement with AkijBashir Group
  • Prime Bank Investment wins M&A advisory award
  • Prime Bank organises BAMLCO conference
  • Omera Petroleum tops LPG importer for second year

Features

Photo: Collected/BBC

What Hitler’s tariff policy misfire can teach the modern world

19h | The Big Picture
Illustration: TBS

Behind closed doors: Why women in Bangladesh stay in abusive marriages

22h | Panorama
Purbachl’s 144-acre Sal forest is an essential part of the area’s biodiversity. Within it, 128 species of plants and 74 species of animals — many of them endangered — have been identified. Photo: Syed Zakir Hossain/TBS

A forest saved: Inside the restoration of Purbachal's last Sal grove

22h | Panorama
Photo: Rajib Dhar/TBS

11 July 2024: Riot vehicles, water cannons hit the streets as police crack down on protesters

15h | Panorama

More Videos from TBS

Israel ready to strike back if Iran threatens: Katz

Israel ready to strike back if Iran threatens: Katz

1h | TBS World
India is strengthening ties with Israel

India is strengthening ties with Israel

2h | TBS World
'Hypocrisy' will not continue, Iran tells IAEA

'Hypocrisy' will not continue, Iran tells IAEA

18h | TBS World
OpenAI to release web browser in challenge to Google Chrome

OpenAI to release web browser in challenge to Google Chrome

18h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net