Bank Nizwa distributes foods packs to needy families across the Sultanate
Bank Nizwa’s ‘Masoliyati’ program has launched its Ramadan Campaign, delivering food hampers to over 300 low income families in Muscat, Nizwa, Al Buraimi, Samail, Sohar, Barka, Sur, Ibra and Salalah. In its third year, the bank’s annual campaign has been driven by employees who volunteer their time and effort to connect and share the spirit of giving with communities across the Sultanate.
“Every year, our ‘Masoliyati’ volunteer program tries to find ways to impact and help others, especially during the Holy month of Ramadan,” said Dr. Ashraf Al-Nabhani, General Manager Corporate Support at Bank Nizwa. “We recognize and appreciate the effect of such acts of philanthropy, which are an integral part of our Corporate Social Responsibility initiatives that contribute to the wellbeing of the people of Oman.”
The ‘Masoliyati’ program was introduced three years ago as a volunteer platform that stems from the Islamic value of ‘giving’. The program identifies volunteer opportunities for staff, while allocating financial resources to help less fortunate families across the Sultanate. Through such initiatives, the bank has successfully been able to engage people and enrich their lives financially, environmentally and socially.
Background Information
Bank Nizwa
The formation of Bank Nizwa came about with the Central Bank of Oman granting its initial approval to the licensing of the Bank to Sheikh Saud bin Ali Al Khalili. Sheikh Saud and a further 92 other Omani individuals, companies and pension funds constitute the founder shareholders of the Bank.
Bank Nizwa is Oman’s first dedicated Islamic bank, with fully Shari’a compliant products and services.