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Alizz Islamic Bank
LEI 254900B00W9GGB9LNO81, SWIFT IZZBOMRUXXX

Organization name
Alizz Islamic Bank SAOC
Country name
Oman
Country of registration
-
Industry
Banks
Public debt
72 mln USD

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Profile

As one of the first dedicated Islamic banks in Oman, we are here to provide innovative financial solutions and products adhered by Islamic Shari’a. With an aim to offer customers an enriching banking experience designed for today's modern world, the Bank has focused its investments on the valuable human capital and superior technology. We aim to serve both corporate and retail customers in Oman through transparent processes, innovative Islamic products teamed with exceptional and responsive customer service. alizz islamic bank was established in accordance to Royal Decree No. 69/2012 which amended the banking law to include Islamic banking at licensed banks through either specialized banks or independent entities at the existing commercial banks. alizz islamic bank's total paid up capital is 100 million Omani Rials of which 40% was raised by public investors during the Initial Public Offering (IPO). 60% was contributed by the bank's Promoters who come from diverse yet complementary backgrounds, and share extensive experience in leadership roles, all of which contribute to establishing a solid foundation from which alizz islamic bank can flourish. The bank has taken a careful approach over the past few months to gain valuable market insight and further refine its mission to provide, innovative financial solutions, delivered in a framework of exceptional, responsive customer service. Corporate and retail operations will commence during the third quarter of 2013. Islamic banking is expected to continue its growth in Oman over the coming months and years. alizz islamic bank will provide Shari’a financial solutions to local and regional corporates and retail clients. alizz islamic bank is also hoping to target local SMEs (Small, Medium Enterprises) with innovative products and services.

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Codes

  • LEI
    254900B00W9GGB9LNO81
  • SWIFT
    IZZBOMRUXXX
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