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Bank Nizwa sponsored and participated the 1st Salalah International Forum on Islamic Finance in partnership with the College of Banking and Financial Studies (CBFS) and Shari’a-compliant experts Tawafuq Consultancy in Malaysia. The event discussed the role of Shari’a-compliant banking in economic development, promoted knowledge exchange among industry stakeholders, and identified solutions to common challenges faced by practitioners. Opened by HE Mohammed Bin Sultan Al Busaidi, Minister of State and Governor of Dhofar, and presented by HE Hamood bin Sangour Al Zadjali, Executive President of the Central Bank of Oman, the two day conference provided attendees with in-depth insights into the rapidly growing $2 Trillion USD global Islamic finance industry.
Recognizing its dedication to developing the communities it serves, Bank Nizwa received the prestigious ‘Excellence in CSR in Islamic Finance’ award at the regional Corporate Social Responsibility in Islamic Finance Conference and Awards ceremony. The accolade underlines the bank’s strong commitment to improving the welfare of local communities and using the principles of Shari’a-compliant banking to enrich the lives of individuals across the Sultanate.
Muscat, August 2nd 2017 – Bank Nizwa launched its new Wealth Management services to provide high net worth clients with the most effective Islamic financial solutions to grow funds in the Sultanate. Customers will receive a full range of tailored products and services to cater to their exclusive needs, including direct access to a relationship manager, Mudaraba Investment Options, and a host of value-added benefits.
Bank Nizwa launched its new Recurring Deposits product to provide its customers with ideal solutions to effectively manage and plan for future commitments such as children education, retirement and many others.
Since its launch in December 2015, Bank Nizwa’s wide range of Shari’a-compliant Credit Cards have continued to experience solid growth across all segments. People availing of Bank Nizwa’s expansive suite of cards, enjoy a wide range of lifestyle benefits ranging from worldwide acceptance and competitive rates to lounge access, special discounts and enhanced security.
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