Bank Nizwa Ranks as One of the World’s Best Islamic Financial Institutions in 2020

Bank Nizwa Ranks as One of the World’s Best Islamic Financial Institutions in 2020

Establishing itself as one of the leading Islamic banking institutions globally, Bank Nizwa was recently awarded the prestigious title of the Best Islamic Financial Institution in 2020 in Oman by Global Finance.. Being the only bank in the Sultanate to claim the title, Bank Nizwa continues to pave the way for Islamic finance in the country.. "The title is not just an indicator of our success as a bank, but it also signifies the increase in customer confidence in Islamic banking as a whole.. Even with the current set of economic challenges, statistical reports show that Islamic banks have fared better than conventional banks," he added.. Bank Nizwa is the leading Islamic Bank in Oman and its long list of awards includes numerous local, regional and international awards over the years.. The bank also scooped two awards at the Global Islamic Finance Awards (GIFA) 2019, to name but a few.. Bank Nizwa continues to invest in its people, enhance its infrastructure, and make the most of technological advancements to meet the anticipated growth of Islamic finance proactively..