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Bank Nizwa, Oman’s fastest growing Islamic bank, has reported robust growth across the board in its latest financial results. The growth was the highest in Oman’s banking industry for the period ending 30 September 2019 compared to the same period in 2018.
Under the patronage of His Excellency Sheikh Saif bin Hamiar Al Malik Al Shehhi, Governor of Al Dhahira, Bank Nizwa, Oman’s fastest growing Islamic bank, has officially opened its first branch in Al Dhahira Governorate and 14th across the Sultanate.
Continuing to lead the Islamic finance industry across the Sultanate, Bank Nizwa CEO, Khalid Al Kayed and Shari’a Supervisory Board Member of Bank Nizwa, Sheikh Ibrahim bin Nasir Al Sawafi participated at the 8th Shura Sharia Audit Conference.
Bank Nizwa, Oman’s fastest growing Islamic bank, won two awards at the Global Islamic Finance Awards (GIFA) 2019 recently held in Cape Town, South Africa. The bank scooped the GIFA Human Capital Development Award after showcasing strong emphasis on performance management and talent retention.
As part of Bank Nizwa’s strategy to nurture and promote Omani talent, the Board of Directors of Oman’s first Islamic Bank, has announced two key senior management appointments.