Under the patronage of His Excellency Sheikh Saif bin Hamiar Al Malik Al Shehhi, Governor of Al Dhahira, Bank Nizwa, Oman’s fastest growing Islamic bank, has officially opened its first branch in Al Dhahira Governorate and 14th across the Sultanate.

Continuing to lead the Islamic finance industry across the Sultanate, Bank Nizwa CEO, Khalid Al Kayed and Shari’a Supervisory Board Member of Bank Nizwa, Sheikh Ibrahim bin Nasir Al Sawafi participated at the 8th Shura Sharia Audit Conference. During his speech, Al Kayed highlighted Bank Nizwa’s role in supporting such initiatives, and growing the Islamic finance sector in the Sultanate. Two more senior team members from the bank participated in panel discussions. Dr. Mansour Al Qudah, Head of Sharia presented a paper titled ‘Adopting COSO Methodology in Sharia Audit and jointly presented another paper titled ‘Reality of Sharia Audit in Oman’ with Mr. Abdulrahman Shaikh, Sharia Audit Chief Manager at the bank.

Bank Nizwa, Oman’s fastest growing Islamic bank, won two awards at the Global Islamic Finance Awards (GIFA) 2019 recently held in Cape Town, South Africa.

As part of Bank Nizwa’s strategy to nurture and promote Omani talent, the Board of Directors of Oman’s first Islamic Bank, has announced two key senior management appointments.

Bank Nizwa, Oman’s fastest growing Islamic bank, has recently held the soft launching of its first branch in Al Dhahira Governorate and 14th across the Sultanate.