Reaffirming its dedication to raising awareness of Islamic finance and engaging meaningfully with the community, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, has signed a Memorandum of Understanding (MoU) with Knowledge Oman. This strategic collaboration will provide training opportunities in Islamic finance, alongside supporting key initiatives driven by Knowledge Oman. The MoU was signed by Mr. Khalid Al Kayed, Chief Executive Officer of Bank Nizwa, and Mr. Tariq Al Barwani, Chairman of Knowledge Oman, reinforcing their shared vision of empowerment through education, financial literacy, and corporate social responsibility.
Reflecting the bank’s unwavering dedication to responsible corporate citizenship, the Masoliyati Volunteer Team affiliated with Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, has made a profound impact on the nation’s social landscape through its numerous welfare initiatives. The team has contributed a remarkable total of 1,498 volunteer hours during the last year, thus affirming the impactful position of the Masoliyati team in volunteer work. The team’s efforts have not only fostered positive change within the community but also played a pivotal role in advancing environmental conservation, leaving a lasting and meaningful legacy.
In recognition of the pivotal role of Islamic banking in fostering economic sustainability and societal development, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, has signed a strategic partnership with the Ministry of Endowments and Religious Affairs to enhance endowment assets and maximize their returns in the Sultanate. The Memorandum of Understanding (MoU) was formalized by His Excellency Dr. Mohammed bin Said bin Khalfan Al Ma’amari, Minister of Endowments and Religious Affairs, and Sheikh Khalid bin Abdullah bin Ali Al Khalili, Chairman of the Board of Directors of Bank Nizwa.
With a keen focus on delivering customer-centric solutions, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, recently announced a limited-time offering, running from April to June 2025, featuring highly competitive profit rates across its suite of Sharia-compliant retail finance products. Spanning Auto Finance, Home Finance, and Personal Finance, this initiative reinforces the bank’s dedication to empowering customers with greater financial flexibility and ease in managing their financial commitments.
Committed to empowering customers in their financial journeys, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, offers a comprehensive product portfolio of Sharia-compliant financial solutions that deliver exceptional value to its clientele. In line with this, the bank’s Savings Account provides a secure option for financial growth with transactional flexibility. The bank also offers Recurring Deposit and Term Deposits which offer stable, systematic returns over a defined period. In addition, the Current Account delivers the necessary flexibility to manage daily finances. Together, these offerings exemplify Bank Nizwa’s dedication to promoting responsible financial practices, enabling customers to grow their wealth prudently, while benefiting from Sharia-compliant investment opportunities.
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