islamic finance

Alizz Islamic Bank launches ‘You Choose’ campaign with exciting offers
July 7, 2021

As part of its ongoing commitment to its customers in providing offers, benefits and attractive banking services, Alizz Islamic Bank has come up......

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Sohar Islamic Introduces Shari’a compliant Escrow
July 1, 2021

Reiterating its strong market position and investor confidence, Sohar Islamic – Sohar International’s Islamic Window, has introduced......

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Huge response to Oman’s $1.75 billion sukuk issuance
June 10, 2021

The Ministry of Finance announced on Wednesday that it had successfully completed the issuance of sharia-compliant Islamic instruments — known......

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Takaful premiums to rise as demand grows for medical cover: Moody's-
June 10, 2021

Growth prospects for Islamic insurance, or takaful, remain healthy in the GCC countries helped by their large Muslim populations, relatively low......

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Mazoon Electricity signs Islamic financing contract worth $235 million
May 11, 2021

Muscat: Mazoon Electricity Company (MZEC), a subsidiary of Nama Holding, announced the signing of its debut Islamic financing facility for an amount......

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Alizz Islamic signs pact with Zain Property Development to provide home financing solutions
May 5, 2021

MUSCAT: Within the framework of its commitment to provide home purchase finance options to various segments of the society, Alizz Islamic Bank recently......

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‘Islamic finance to see 12 per cent growth in 2021’
May 4, 2021

S&P Global Ratings believes that the global Islamic finance industry will grow by 10-12 per cent in 2021-2022 after slowing to 10.6 per cent......

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Rapid Islamic banking growth deepens Oman’s sovereign sukuk market
April 26, 2021

The rapid expansion of Islamic banking assets in Oman will continue to deepen the market for domestic government sukuk, Moody’s Investors Service......

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Meethaq celebrates first quarterly Hibati draw
April 25, 2021

MUSCAT: Meethaq celebrated the first quarterly draw of its 2021 Hibati savings scheme at a special event that was broadcast live on Shabiba FM and......

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For the first time in the Sultanate, Alizz Islamic Bank and the Ministry of Social Development unveil a crowdfunding project
April 20, 2021

Alizz Islamic Bank and The Ministry of Social Development unveiled a crowdfunding website (www.crowdfunding.alizzislamic.com) to raise OMR 2 million......

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