In line with its ongoing commitment to supporting sustainable development initiatives with lasting social impact, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, has announced the signing of a Memorandum of Understanding (MoU) with the Health Endowment Foundation (ATHAR). This strategic partnership aims to enhance the role of the health endowment sector in promoting inclusive development, aligned with the national priorities outlined in Oman Vision 2040.
n a significant milestone underscoring its commitment to the nation’s diversification goals, Bank Nizwa, the leading and most-trusted Islamic bank in the Sultanate of Oman, has announced its participation in a syndicated financing agreement supporting the development of the Sultanate’s largest integrated copper concentrate project, led by Mazoon Mining—a subsidiary of Minerals Development Oman (MDO). Bank Nizwa’s contribution of US$ 35 Million, to the total syndicated financing of US$ 270 Mn, reinforces the bank’s commitment to support transformative national projects through Sharia-compliant financing. Formalized during the prestigious Rawabit Forum, hosted by the Oman Investment Authority, the agreement underlines the bank’s strong confidence in Oman’s mining sector as a driver of sustainable growth for the nation and its broader objective in continued promotion of Sharia-compliant investments contributing to Oman Vision 2040.
In line with its commitment to advancing the Islamic finance sector, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, continues to play a strategic role in supporting national initiatives that empower Omani talent and contribute to sustainable development. Furthering this vision, Bank Nizwa has announced its support for the Professional Diploma in Waqf Leadership Preparation program, implemented by Tawafuq Islamic Financial Consultancy, in partnership with the College of Sharia Sciences as the knowledge partner, and with Bank Nizwa serving as the key banking partner. This pioneering collaboration reflects a powerful integration between knowledge-based, financial, and community welfare institutions, aimed at preparing a new generation of qualified national leaders in the Waqf sector. The initiative reinforces the sector’s vital role in driving economic growth and supporting the goals of Oman Vision 2040.
Demonstrating its unwavering commitment to sustainability, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, proudly showcased its sustainability milestones during Oman Sustainability Week (OSW) 2025, held from 11 to 14 May at the Oman Convention and Exhibition Centre. The event served as a strategic platform for the bank to spotlight the critical convergence of Islamic finance, sustainable development and its most notable achievements in the field of sustainability. Through its active engagement, Bank Nizwa renews its dedication to environmental stewardship, the advancement of community well-being, and the promotion of inclusive, long-term economic growth rooted in responsible finance.
In a move aimed at strengthening cooperation and knowledge exchange, Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, has signed a Memorandum of Understanding (MoU) with Al-Istiqama International Islamic Charitable Society to establish a strategic partnership focused on developing the endowments and charitable sector in the Sultanate. Through this initiative, the bank’s Islamic banking expertise will be leveraged to support the Waqf sector, benefiting from Bank Nizwa’s banking services and experience to advance the association’s strategic and operational goals.
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