Islamic Wallet vs MTB eBank

Islamic Wallet is the Shariah based Mobile Financial Services of Al-Arafah Islami Bank PLC. Islamic Wallet comply with the most rigorous security, compliance standards and all regulatory requirements. This wallet is also regulated by the Shariah Board to comply the Islamic rules. Islamic Wallet promises to provide the most innovative services that can be provided in Mobile Financial Services industry of Bangladesh. It is fast, secure and affordable way to send & receive money from anywhere at any time. In addition to ‘send and receive money’, it provides a total eco-system where people can derive the best use of money. This wallet will be considered as new and innovative payment system to cater all kinds of banking needs for ensuring the maximum convenience of customers specially those who do not have access to banking services Services offered by Islamic Wallet - Cash In, Cash Out, Person to Person (P2P) - Fund Transfer from Card and Bank Account. - QR enable Person-to-Business payments (P2B) such as utility bill payment, airtime top-up, insurance premiums, loan instalments, merchant payments etc. - Business-to-Person payments (B2P) such as payroll, commission disbursement, etc. - Government-to-Person (G2P) payments such as subsidies, freedom fighter allowances, social welfare payments, endowments, etc. - Ticketing Service - Tuition Fees Payment - Person-to-Government (P2G) payments such as government duties, taxes, fees, etc. Shariah Compliant Services - Daily activities must be accomplished under the Bank’s Shariah Guideline. - A hi-level Shariah Supervisory Council scrutinize the daily affairs on regularly. - Prohibition of Interest or Usury. Most importantly, the charging and the receiving of interest is strictly forbidden. - Ethical Standards. When Customers hold their money in wallet, it is our religious duty to make sure that what they utilize in is good and bad wholesome. - It goes with Moral and Social Values. Islamic Wallet Shares Profit with its Customer Islamic Wallet offers profits on customers’ Wallet Balances which complies with the Islami Shariah rules. Customers Money is Safe with Islamic Wallet Customers’ money is safe and secure with Islamic Wallet. To secure the customers money, the fund will be maintained only in Shariah Compliant Islamic sectors.

MTB eBank MTB eBank is a modern cash management solution designed for corporate and institutional clients. It enables organizations to manage payables, receivables, payments, collections, and fund transfers anytime, anywhere. The platform supports flexible user roles and approval workflows based on each organization’s requirements. The MTB eBank mobile app enables authorized users to securely review and approve banking activities while on the go. Key Features Maker Initiate transactions, assign signatories, and track file and transaction statuses. Checker and Authorizer Review, verify, and approve transactions through the web portal or mobile app. Biometric Approval Approve transactions securely using biometric authentication. Scheduled Payments Schedule transactions for processing on a future date. Multiple Payment Services Access fund transfers, payroll, mobile financial services (MFS), utility bill payments, distributor collections, government payments, and more. Accounts and Reports View account balances and transaction details, and access various reports. Approval Tracking Monitor file and transaction statuses throughout the approval workflow. Mobile App Activation • Corporate users must complete the MTB eBank setup form and provide the required user information. • MTB will provide the necessary User ID and credentials. • Corporate clients can download and use the MTB eBank mobile app. • Initial login and device registration are completed using a one-time password (OTP). • After registration, users can securely log in using the authentication methods available on their devices. Security • SSL/TLS-encrypted communication with additional MTB encryption • Access restricted to registered devices • Two-factor authentication (2FA) for transaction authorization • Biometric authentication for secure transaction approval • Role-based access and approval controls for secure transaction processing Contact Us For questions or assistance, please contact Mutual Trust Bank PLC. 24/7 MTB Contact Centre: 16219 or 096040 16219 From overseas: +880 96040 16219 Email: [customer.service@mutualtrustbank.com](mailto:customer.service@mutualtrustbank.com)