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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.
In a step towards fulfilling the growing needs of customers, Bank Nizwa launched its new Murabaha-based Home Finance product for completed properties.
Bank Nizwa has hosted this morning the signing ceremony of a MoU partnered with Takaful Oman Insurance Co and Al Kawthar Islamic Fund managed by “TANMIA” to organize the Sultanate’s first roadshow that will shed light on Shari’a-compliant financial tools including banking, insurance and investment.
Bank Nizwa was named this year’s ‘Pioneer of Islamic Banking’ during the seventh annual Global Islamic Finance Awards ceremony in Kazakhstan’s capital, Astana.