Bank Nizwa Welcomes Students From the National University of Singapore for the Second Time
Bank Nizwa, recently welcomed a student delegation from the National University of Singapore to its headquarters in Muscat, providing them with insights on the evolving Islamic banking industry in the Sultanate. The visit included a series of discussions with the bank’s management team on the pioneering role it plays in developing the sector and offering a suite of innovative and tailored solutions. The delegation also attended an interactive presentation that shed light on theoretical and practical aspects of Shari’a-compliant banking and finance, in addition to the key factors associated with developing Islamic finance in Oman.
Since inception, Bank Nizwa has been committed to raising awareness of the benefits of Islamic finance and banking though dialogue, workshops and roadshows. This recent visit is a reflection of the bank’s strategy to continuously develop the industry and spread understanding of its core principles to audiences locally, regionally and globally.
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.