Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, and Amjaad Development have signed an agreement to design and build branches for Meethaq Islamic Banking across the Sultanate.

Sulaiman Al Harthy, Group General Manager – Meethaq Islamic Banking, and Khalid Hilal Al Yahmadi, Chairman of Amjaad Development, signed the agreement on the sidelines of Oman Islamic Economic Forum (OIEF) organised by Amjaad Development.

Meethaq also announced a number of new products and services to be launched soon at"...

With the enterprise Islamic banking system from Path Solutions, Maisarah will benefit from a robust platform that will standardize its business processes and provide a technical road map that matches its plan for growth.

Maisarah Islamic Banking Services has joined a growing list of Islamic financial institutions investing in a platform to power their growth. With the implementation of iMAL, Maisarah will be able to introduce best-in-class and custom products that match the unique business needs of its clientele, achieve substantial efficiencies and drive future growth and profitability.

Sameh...

As Oman's economy expands it will need the support of a growing financial sector to sustain the healthy growth rate and Islamic finance will add a new dimension, offering innovative options in this regard, according to Sohail Niazi, chief Islamic banking officer at Maisarah Islamic Banking Services, the newly established Islamic banking window of BankDhfoar.

Speaking at the official launch of the Maisarah branch"...