Bank Nizwa, in partnership with Islamic Finance News (IFN) successfully concluded the second ‘Islamic Finance News Forum’. Attracting an array of key-players in the sector, the highly regarded Forum is one of Oman’s pre-eminent Islamic Finance events. Three members of the Bank Nizwa Management Team engaged in the day’s intense, extensive and productive discussions and deliberations.
Uniting leading Islamic finance experts and regulators for the second year running, Bank Nizwa is partnering with Islamic Finance News (IFN) for the 2017 IFN Oman Forum. Set to be held at the Grand Millennium Muscat on March 7th 2017, the event will include a number of highly interactive panel discussions and presentations detailing opportunities for growth within the sector. The event’s return to Oman reflects the bank’s growing role in driving growth and cooperation within the Islamic finance.
As part of its continuous commitment to the community, Bank Nizwa recently partnered with two schools in Wilayat Dima Wa Al Tayeen and Wilayat Al Seeb to celebrate Teacher’s Day. Reflecting its longstanding support to educators in the Sultanate, Bank Nizwa paid tribute to more than 150 teachers for the important role they play in shaping and developing Omani society.
Reflecting its strong dedication to become the financing platform of choice for entrepreneurs, Bank Nizwa’s SME & Commercial Banking has achieved strong growth during the year 2016. The department’s advisory services have been instrumental in helping a wide range of businesses adopt the most effective financial management practices and sustain business growth in a very cost effective manner. With a dedicated and well experienced team in place, the department is set to continue introducing tailored products and services in 2017 that will contribute to the sustainable growth of the bank’s assets.
Bank Nizwa’s Shari’a Supervisory Board held its 19th meeting since inception to review and assess the bank’s overall Shari’a Governance Framework. During the meeting, which was led by Chairman Sheikh Dr. Abdul Sattar Abou Ghuddah, the Shari’a Board approved proposals for the introduction of new products and business propositions to meet the evolving sophisticated financial needs of its growing customer base.
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