Alizz Islamic Bank (In Arabic: بنك العزّ الاسلامي) is a full-fledged Islamic bank operating in The Sultanate of Oman which launched on the 30 September 2013.[2] Alizz Islamic Bank (SAOC) 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.
 | |
Native name | بنك العزّ الاسلامي |
|---|---|
| Company type | Public[1] |
| Industry | Islamic Banking |
| Founded | 2012 |
| Founder | His Highness Sayyid Taimur bin Asaad Al Said |
| Headquarters | , |
| Products | Retail banking, corporate banking, finance, credit cards |
| Website | http://www.alizzislamic.com |
Alizz Islamic Bank provides retail and corporate finance through branches, online and mobile devices. The 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.[3]
The bank is a closed joint stock company. Yahya Said Al Jabri is chairman of the board of directors[4] while Ali Al Mani is the CEO.[5]
Awards edit
In 2014, alizz Islamic bank had won 'The Best Branch Automation Project in the Middle East' held by the Asian Banker Awards.[6]
In 2015, alizz Islamic bank won the 'Best Retail Bank' award by Islamic Business and Finance Awards 2015.[7]
References edit
- ^ "Public Company". Gulf Base. Gulf Base. Retrieved 12 October 2015.
- ^ "Muscat Securities Market". Archived from the original on 2019-08-08. Retrieved 2022-06-10.
- ^ "alizz islamic bank operations to start on September 30". Times of Oman. 16 September 2013. Retrieved 14 October 2015.
- ^ https://alizzislamic.com/the-bank/aboutus/board-of-directors
- ^ https://alizzislamic.com/the-bank/media/press-releases/6
- ^ "List of Asian Banker Award Winners". Asian Banker Awards. Asian Banker Awards. Retrieved 15 October 2015.
- ^ "Islamic Business and Finance Awards Winers 2015".
External links edit
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