Dhaka, March 16 -- Prime Bank PLC, a leading financial institution committed to innovation and customer-centric financial solutions, has signed a partnership with As-Sunnah Foundation.

Recently a signing ceremony was held between these two organizations at the bank's Gulshan Corporate Office, according to a press release.

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 As-Sunnah Foundation at agreed timelines, strictly following established guidelines.

The foundation, in turn, will ensure the funds are utilized exclusively for charitable and wel...