Oman’s Bank Nizwa, a newly-formed Islamic lender which sold shares to the public in June, has elected its first board, it said in a statement on Sunday, a month after an initial meeting to approve the selection ended without agreement.
Bank Nizwa, the sultanate’s first Islamic bank, elected an eight-member board and approved the bank’s articles of association at a meeting on Saturday, the filing to the Muscat bourse showed………………………………………..Full Article: Source