Bank Nizwa receives 2 awards at Alam Al-Iktisaad’s Islamic Banking and Finance Summit 2022



Bank Nizwa, the leading and fastest-growing Islamic Bank has recently been awarded the ‘Islamic Bank of the Year’ title and ‘Best Sustainable Banking Products Innovation’ accolade at the Alam Al Iktisaad’s Islamic Banking and Finance Summit (IBFS) 2022.

Held under the patronage of his Highness Sayyid Fehr Bin Fatik Al Said, His Excellency Tahir Al Amri, Executive President of the Central Bank of Oman, was the Guest of Honour and keynote speaker. Bank Nizwa was the event’s Presenting Sponsor, which was organised the Crowne Plaza, Qurum. The Bank’s continued commitment to achieving growth, progress, and innovation in Oman’s Islamic banking and finance sector is reflected in sponsorships like these.

Khaled Al Kayed, Chief Executive Officer of Bank Nizwa, delivered the inaugural speech, highlighting the global trends in Islamic Finance, its local progress and the next phase of Islamic Finance in Oman. The event comprised interactive presentations on the future of Islamic Banking and Finance and panel discussions involving a cross-section of industry experts from Oman, GCC and other international markets.

With a strong understanding of the local market and proven capabilities to lead transformative change in the sector, Bank Nizwa played an active role in these discussions. Salim Al Maharbi, Chief Financial Officer, Bank Nizwa, participated in the ‘Future of Islamic Banking and Finance and Islamic Fintech’ panel discussion. Mustafa Al Naabi, Shari’ah Training Assistant Manager at Bank Nizwa, delivered a presentation titled ‘Shari’ah Guidelines for Digital Banking.’—Zawya News