Bank Nizwa supports over 2000 beneficiaries of the Ministry of Labour’s ‘Sahim’ Programme

Bank Nizwa supports over 2000 beneficiaries of the Ministry of Labour’s ‘Sahim’ Programme

Muscat: Bank Nizwa, the Sultanate’s most trusted and leading Islamic Bank, participated in providing an induction session on Islamic finance for newly employed individuals through the Ministry of Labour’s ‘Sahim’ programme. This programme aims to provide temporary placements in the public and private sectors to more than 2000 job seekers. The bank has pledged a comprehensive set of shari’ah-compliant banking services to the programme’s beneficiaries from various Wilayats, including Sur, Sohar, Salalah and Muscat. For job seekers and recent graduates entering the competitive labour market through ‘Sahim’, Bank Nizwa will offer timely and pertinent Islamic finance solutions. These include financing facilities and services, savings and mudaraba investment accounts, credit cards and many more banking products.

“Boosting employability is one of the main priorities of Oman's Vision 2040, and therefore, it positions job seekers at the heart of its consideration, strategy and action. Technical skills like financial literacy are crucial for integrating young people into the workforce. As a result, Bank Nizwa collaborated with the Ministry of Labour’s Sahim Programme to mentor and assist young people in achieving financial literacy. For young job seekers searching for a point of guidance in a complicated economic environment where they need to comprehend finances, this