| Bank Nizwa, which is purportedly Oman's first dedicated Islamic bank, introduced its home-finance solution, which will enable its customers to own their own homes.
Addressing a press conference held here yesterday to announce the launch of Bank Nizwa's home-finance solutions, Dr. Jamil El Jaroudi, CEO of Bank Nizwa, said, "Home finance with a maximum ceiling of OMR450,000 per person will be offered to our customers as part of Bank Nizwa's strategy to offer to the people of Oman a versatile and wide-ranging product portfolio that is compatible with Islamic Sharia law."..............................................Full Article: Source
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