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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Omantel network welcomes the first Islamic bank in the Oman

Posted on 09 January 2013

Omantel welcomed Bank Nizwa, the Sultanate’s first Islamic bank to its network. Bank Nizwa, the first bank to be granted a licence to provide non-conventional banking services in the Sultanate, announced recently the launch of its services catering to the needs of important segment of the Omani market.
Relying on Omantel services, the bank has connected its two branches located in Nizwa and Sohar with the bank’s headquarters in Muscat through Omantel’s advanced IPMPLS service in addition to leased lines with disaster recovery centres………………………………………..Full Article: Source

 
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