Demonstrating its pivotal role in driving the country’s progress, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, signed a financing agreement, pledging a financial commitment of USD 45 million, for the groundbreaking Hafeet Rail project. The signing ceremony took place in Abu Dhabi. The landmark initiative that connects the capital of the United Arab Emirates (UAE), Abu Dhabi, and the Sohar Port in the Sultanate of Oman marks a significant milestone in regional collaboration and infrastructure development.
Committed to fostering awareness of Sharia-compliant financial solutions across diverse segments of society, Bank Nizwa, the leading Islamic bank in the Sultanate of Oman, recently participated in the Mazaya Exhibition, organized by Sultan Qaboos University, held in the SQU Cultural Center Grand Hall. The exhibition provided an excellent platform for Bank Nizwa to engage with the academic community and students.
Committed to promoting innovation and enhancing capabilities across industries, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, played a pivotal role in financing Dhofar Pharmaceutical Industries Factory. The factory, located in Raysut, Salalah, is the result of the Health Sector Investment Lab, launched by the Ministry of Health in 2022, in collaboration with Nazdars and in alignment with Oman Vision 2040. This move demonstrates the bank’s dedication to supporting national projects that are vital to driving sustainable progress.
The bank was honoured with the Best Islamic Bank in Oman Award Committed to fostering meaningful discourse on vital industry topics, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, recently powered the Themar Islamic Banking Conference 2024. Organised by The Arabian Stories (TAS) in collaboration with Financial Services Authority (FSA) and Oman Banks Association, the inaugural edition of the conference focused on Islamic financial transactions and economic stability. As a forward-thinking institution that has consistently led industry innovation, Bank Nizwa’s participation highlights its ongoing dedication to driving progress within Oman’s Islamic finance sector.
Committed to fostering meaningful discourse on vital industry topics, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, recently powered the Themar Islamic Banking Conference 2024. Organised by The Arabian Stories (TAS) in collaboration with Financial Services Authority (FSA) and Oman Banks Association, the inaugural edition of the conference focused on Islamic financial transactions and economic stability.
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