PRIME BANK PARTNERS WITH AS-SUNNAH FOUNDATION FOR CHARITABLE WORK

Prime Bank signed an agreement with As-Sunnah Foundation at the bank's Gulshan corporate office in the capital recently. According to the agreement, Prime Bank will collect deposits under the `Sadaqah Jariyah' account and invest the money based on the Mudaraba principle, ensuring ethical and Shariah-compliant financial growth. The accumulated profits will be given to As-Sunnah Foundation at agreed timelines, strictly following established guidelines. Md. Nazeem A. Choudhury, deputy managing director of the bank, and Md. Sabbir Ahmed, general secretary of As-Sunnah Foundation, signed the deal.