Bank Nizwa, the leading Islamic bank in Oman, signed a Memorandum of Understanding (MoU) with Imam Jabir Bin Zaid Waqf Foundation to help them enhance their marketing and communication services. The agreement will help the foundation in raising awareness and its impact on humanitarian causes and wellbeing of the society at large. The MoU was signed by Arif Al Zaabi, Retail AGM at Bank Nizwa, and Eng. Ahmed Al Rashdi, Board Member and Chief Executive Officer of Imam Jabir Bin Zaid Waqf Foundation. The initiative is in alignment with Bank Nizwa’s commitment to support Islamic Awqaf (endowments), which is regarded as one of the most effective Shari’a-compliant tools to promote socially responsible activities for the greater benefits to humanity. In the past also, Bank Nizwa has collaborated with the Foundation on initiatives...read more...
SourceBusiness Live ME