Moody’s, Oman Banks host roundtable on Islamic Finance

Oman Banks Association and Moody’s Investors Service jointly organized an Islamic Finance Roundtable with a cooperation with the Central Bank of Oman (CBO) on October 19, 2023 in Muscat. The event brought together about 60 participants representing financial sector regulators, senior representatives of Islamic and conventional banks as well as other financial sector sides in […]

ALIZZ ISLAMIC BANK SHARI’A SUPERVISORY BOARD HOLDS ITS MEETING

The Shari’a Supervisory Board (SSB) of Alizz Islamic Bank held its fourth meeting for the year 2023 at the bank’s headquarters in the Central Business District of Ruwi, in the presence of the Chairman of the Shari’a Supervisory Board, Sheikh Dr. Essam Al Enezi and the other members of the SBB as well as Mr. […]

Sohar International Bank to commence operations in Riyadh

Sohar International Bank, a leading Omani bank, has received a no objection letter from the Saudi Central Bank (SAMA) to commence operations in Riyadh, the Kingdom of Saudi Arabia. This is a significant milestone for the bank, as it marks its expansion into the largest GCC economy. Sohar International’s branch in Riyadh will offer a […]