PRIME BANK PARTNERS WITH MASTUL FOUNDATION FOR CHARITY WORK

Prime Bank PLC, a leading financial institution, has signed a partnership deal with Mastul Foundation recently. Under the agreement, Prime Bank will collect deposits under the 'Sadaqah Jariyah' Account and invest them based on the Mudaraba principle, ensuring ethical and Shariah-compliant financial growth. The accumulated profits will be allocated to Mastul Foundation as per agreed timelines. The foundation, in turn, will ensure the funds are utilised exclusively for charitable and welfare purposes, reinforcing a commitment to long-term social impact. Md. Nazeem A. Choudhury, Deputy Managing Director of Prime Bank, and Kazi Reaz Rahman, Executive Director of Mastul Foundation, along with other officials took part in the signing ceremony held at the bank's Gulshan Corporate Office.