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Islamic Finance Briefing - Categorized | Banking, New Launches more

Bank Nizwa will open for public in Jan next year

Posted on 21 December 2012

Bank Nizwa will open for the public in January next year after obtaining final approval from the Central Bank of Oman to initiate Islamic banking services inside the Sultanate starting from December 23, said Dr Jameel al Jarudi, Executive Chairman of Bank Nizwa in a statement to Oman Arabic, sister daily of the Observer.
According to Al Jarudi, the Bank will offer its services to its staff and their families from next Sunday and in a matter of three weeks time we complete technical preparations after which the Bank will be able to conduct international money transactions………………………………………..Full Article: Source

 
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