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Bank Nizwa


Oman’s al Izz Islamic bank to float in September

Al Izz Islamic Bank, the second sharia-compliant lender being formed in Oman, plans to float 40 percent of its shares in September, a bank official said on Thursday.

August 9, 2012 4:07
Oman avoids “toxic” Europe but sticks with US debt

Oman avoids “toxic” Europe but sticks with US debt

With its economy expecting 5 percent growth in 2011, Oman says it will keep investing in US Treasuries because “no one else is pulling out their investment”.

October 11, 2011 2:14

Oman approves new bank to provide Islamic services

Bank Nizwa to provide Islamic banking services in Oman; Central Bank to consider applications for Islamic windows

May 16, 2011 9:43