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For the third successive year, Bank Nizwa was named the number one Islamic bank in Oman following a rigorous assessment developed by renowned UK-based intelligence house Cambridge IF Analytica.
Bank Nizwa has opened its doors to the greater Al Ma’abela community with the inauguration of its 12th branch in the Sultanate. The latest addition to the bank’s growing retail footprint offers a full range of Shari’a-compliant banking solutions to individuals, small and medium size enterprises, corporations and government institutions.
Bank Nizwa recently launched its Corporate Internet Banking Service to provide its corporate customers with an innovative one-stop shop for all their internet banking needs.
Bank Nizwa is bringing Shari’a-compliant banking closer to customers with the launch of its e-Wallet application. Designed with innovation in mind, the new application is a digital extension to the bank’s tailored Islamic financial solutions, which allows customers and non-banking customers, to conduct instant fund transfers through their mobiles with the use of mobile numbers.
In execution of the Memorandum of Understanding signed among Bank Nizwa, Takaful Oman Insurance Co., and TANMIA -managed by Al Kawthar Islamic Fund- launched Oman’s first roadshow specializing in Shari’a-compliant banking, insurance, and investment.