Bank Nizwa titled ‘Strongest Islamic Retail Bank in Oman’ at IRBA 2022

Bank Nizwa titled ‘Strongest Islamic Retail Bank in Oman’ at IRBA 2022

Muscat: The fastest-growing Islamic bank in the Sultanate, Bank Nizwa, has been awarded 'The Strongest Islamic Retail Bank in Oman 2022' conferred by UK-based Cambridge International Financial Advisory (IFA) at the 8th Islamic Retail Banking Awards (IBRA) Ceremony 2022. The award demonstrates Bank Nizwa's commitment to providing consumers with tailored banking experiences that meet their changing needs through Shari'ah-compliant, cutting-edge financial solutions. The IRBA analyses global Islamic banking efficiency performance using the most rigorous academic analysis. The prestigious awards recognise individuals and institutions that have demonstrated a solid commitment to Islamic retail banking and contributed significantly to its growth and success.

"Our pursuit of becoming the global leader in Islamic finance has been acknowledged with these wins by Bank Nizwa. Beyond growing our assets, we strive to provide Shari'ah-compliant products and solutions of the highest quality. The award motivates us to keep offering sustainable financial solutions to the community and provide the most exceptional customer service. With our solid footprint, as Oman's leading Islamic bank, we are well positioned to promote Islamic banking," said Mr Arif Al Zaabi, Assistant General Manager - Retail Banking.

"Our retail banking business has made remarkable achievements over the past few years. We have also expanded our