DHAKA, Jan 12, 2023 (BSS) - In keeping with the Islamic way of life, "Nagad

Islamic" is providing millions of pious Muslims with Shariah-based services
and thus ensuring complete interest-free digital transactions for them.

To facilitate financial transactions for devout Muslims, Nagad has installed
a large service booth at this year's Bishwa Ijtema, which is considered as
the second largest congregation of the Muslim ummah after Hajj.

Anyone can open Nagad Islamic accounts, avail cash-in, cash-out and other
services at the booth.

Nagad will distribute certified glycerin to worshippers so that they do not
suffer from biting cold, said a press release here today.

If a worshiper coming to Bishwa Ijtema opens a new account of Nagad Islamic,
they will get a mobile recharge of Taka 20 as a gift which will be sent to
their accounts within 24 hours.

Islamic accounts of mobile financial service provider "Nagad", an arm of
Bangladesh Postal Department, is fully managed under the supervision of a
Shariah Supervisory Committee. Through Nagad Islamic MFS accounts, customers
can easily manage their own funds in an interest-free and Shariah-compliant
manner, maintaining their religious values and principles.

Customers, willing to avail Islamic services, can easily convert their
regular "Nagad" accounts into Islamic accounts. They need to go to "My Nagad"
option in Nagad app and click "Account Type", and then the running app will
be changed to an Islamic account.

A customer will know that his account has been successfully converted to an
Islamic account only when his or her Nagad app turns green.

Customers of Nagad Islamic accounts can transact their hard-earned money
without any interest as it is managed according to Islamic Shariah.

Besides, they can calculate their Zakat digitally and pay all donations.
Customers can also make their Islamic life insurance payments in the comfort
of their homes through their Islamic accounts.

Mohammad Aminul Haque, member of Shariah Supervisory Committee of Nagad
Islamic and executive director of Nagad, said, "We've taken this small
initiative to assist devouted Muslims coming to Bishwa Ijtema."

Millions of devout Muslims across the country are getting Nagad Islamic
services and are feeling comfortable, he said, adding: "We're honoured to
provide them such services."