Bank Nizwa recently participated as the lead partner in the 4th Governance and Ethics Board Conference (AGEB) held by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).
Reflecting Islamic finance’s continued surge in popularity in Oman, Bank Nizwa recorded its first net profit since inception in 2013. Witnessing unparalleled growth over the last four years, the bank has led the sector from the start, establishing a foundation for its continued traction among entrepreneurs, investors and the public from every segment in the Sultanate.
Bank Nizwa participated in the 9th Annual International Conference organized by the Muscat Chapter of the Institute of Chartered Accountants of India. Held under the patronage of HE Said bin Saleh Al Kiyumi, Chairman of Oman Chamber of Commerce and Industry, the prestigious event discussed the theme ‘Sustainability Through Diversification’. A delegation from Bank Nizwa, led by CEO Khalid Al Kayed was on hand to share their insights and industry expertise with other financial experts from around the world during two days of interactive panel discussions and debates.
As part of its drive to promote human development in the Sultanate, Bank Nizwa has announced its support for the Special Olympics Oman Association’s team, which will participate in the upcoming Special Olympics World Winter Games 2017 in Austria. Inspiring hope, confidence and courage, the bank is empowering four Omani athletes to join their counterparts from 107 countries for one of the world’s largest sports events.
Receiving more than 300 entries from across the Sultanate, Bank Nizwa recently celebrated the conclusion of its ‘Bank Nizwa Quran Recitation Competition’. Organized by the bank on its Instagram account, the unique contest invited children under 13 years of age to record themselves reciting Quran for a chance to win a prize. The winners of the competition were each honored with visits from Bank Nizwa’s branch managers to the winner’s schools including Wilayat Manah, Wilayat Dhank, Wilayat Al Mudhaibi and Birkat al Mouz village, who presented them with their prizes.
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