islamic finance

Islamic Development Bank delegation visits Madayn
November 10, 2022

Muscat: A delegation representing the Islamic Development Bank visited the Public Establishment for Industrial Estates (Madayn) to get familiarised......

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Meethaq assets reach RO1.7bn as it celebrates 10th anniversary
November 7, 2022

Muscat – Meethaq Islamic Banking from Bank Muscat announced that its total assets reached RO1.71bn at the end of third quarter of 2022, thanks......

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Alizz Islamic Bank appoints Ali al Mani as general manager
November 3, 2022

Muscat – Alizz Islamic Bank announced the appointment of Ali Saif al-Mani as the general manager of Alizz Islamic Bank. In a press release,......

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Ali Al Mani appointed general manager of Alizz Islamic Bank
November 2, 2022

Muscat: Alizz Islamic Bank announced the appointment of Ali Saif Al-Mani as the General Manager of Alizz Islamic Bank. Ali Al-Mani is an outstanding......

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Salalah Mills signs RO12mn loan agreement with Alizz Islamic Bank
October 20, 2022

Muscat – Salalah Mills Company has signed a loan agreement with Alizz Islamic Bank to obtain RO12mn financing for the construction of its proposed......

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Sharia Supervisory Board assesses Alizz Islamic Bank's Sharia-compliant performance
October 19, 2022

Muscat: In the third meeting of this year, Alizz Islamic Bank's Sharia Supervisory Board (SSB) discussed a variety of items including new products......

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Profitability of Islamic banks will recover to pre-pandemic levels
September 12, 2022

Muscat: The profitability of Islamic banks will improve as provisioning needs decline and net profit margins widen, according to a new report. “After......

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Oman’s Islamic banking assets jump 9.6% to RO6.2bn
August 29, 2022

Muscat – With continuing robust growth of Oman’s Islamic banking sector, total assets of Islamic banks and windows operating in the sultanate......

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Bank Nizwa enrolls senior executives to Cambridge Islamic Finance Leadership Programme
August 23, 2022

Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate enrolled five management committee members to attend the Cambridge Islamic......

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Bank Nizwa conducts multiple Islamic finance sessions
August 18, 2022

Muscat: Bank Nizwa, the leading and the most trusted Islamic bank in the Sultanate organised induction sessions on Islamic finance, which falls under......

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