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Continuing to lead the Islamic finance sector in Oman, Bank Nizwa, reported OMR 10.2 million in net profit representing a 36% growth after tax for the period ended 31 December 2019.
Bank Nizwa, Oman’s fastest growing Islamic bank has registered yet another milestone in its journey to make Islamic finance mainstream across Oman
A hot topic in the financial industry is where Islamic finance and banking are headed, the challenges and prospects of the industry. Joining industry experts from around the world at the 26th Annual World Islamic Banking Conference in Bahrain was Khalid Al Kayed, Chief Executive Officer of Bank Nizwa.
Bank Nizwa, Oman’s fastest growing Islamic bank, and Oman Credit & Financial Information Center, have signed an agreement, allowing the bank to generate credit reports through a centralized platform run by the Centre.
Bank Nizwa, Oman’s fastest growing Islamic bank, has organized a football championship geared towards financial institutions in the Sultanate. In its first edition, the Bank Nizwa Football championship saw the participation of six sides, the State General Reserve Fund (SGRF), Standard Chartered Bank, Qatar National Bank, Maisarah Islamic Banking, Bank of Baroda, and Bank Nizwa.
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