Bank Nizwa S.A.O.G (Oman)

Bank Nizwa S.A.O.G is an Islamic bank located in Ruwi, Oman. It was granted initial approval by the Central Bank of Oman and was founded by Sheikh Saud bin Ali Al Khalili and 92 other Omani individuals, companies, and pension funds. The bank offers fully Shari'a compliant products and services and operates under a license issued by the Central Bank of Oman and the Banking Law promulgated by the Royal Decree No. 114/2000. Since its launch in January 2013, Bank Nizwa has provided a wide range of banking solutions to individuals, small and medium-sized enterprises, corporations, and government institutions. It aims to be the preferred bank for the people of Oman and is equipped with state-of-the-art banking systems and software to provide the best Islamic banking experience. The bank currently has 19 branches and plans to expand its branch network extensively over the next five years as part of its strategic growth plan.