Latest news with #SalimaAlMarzooqi
Zawya
2 days ago
- Business
- Zawya
NBO Muzn Islamic Banking expands presence with new branch in Al Musannah
Muscat – As part of our ongoing efforts to enhance accessibility and bring Islamic banking services closer to customers, NBO Muzn Islamic Banking has opened a new branch in Al Musannah. This latest expansion reflects Muzn's commitment to offering Shari'a-compliant financial solutions while reinforcing its presence across the Sultanate. Salima Al Marzooqi, Chief Islamic Banking Officer at NBO, commented, 'Opening Islamic banking branch in Al Musannah marks another milestone in our journey to make Islamic banking accessible across the sultanate of Oman. Al Musannah branch provides an outstanding Islamic banking services to the customers by offering tailored financial solutions that align with their values while ensuring convenience and high service standards.' Designed to cater to the diverse financial needs of individuals and businesses, the Al Musannah branch provides a full suite of Islamic banking products and services. From everyday banking solutions to specialised financing and investment opportunities, the branch is equipped to support customers with modern and efficient services in the welcoming environment. As part of its customer-first approach, Muzn is committed to combining physical branch accessibility with seamless digital solutions. The bank continues to enhance its online and mobile banking capabilities, ensuring customers have secure and convenient access to their financial needs, whether in-branch or on-the-go. For more information about Muzn's branches, products, and services, visit or contact the Muzn Call Centre at 24770001.
Mid East Info
28-01-2025
- Business
- Mid East Info
NBO Muzn Islamic Banking Introduces Corporate Running Wakala Financing Solution - Middle East Business News and Information
MUSCAT: The National Bank of Oman (NBO) Muzn Islamic Banking has launched its innovative Corporate Running Wakala Finance Product, offering a Shariah-compliant alternative to conventional overdraft facilities. This solution empowers businesses of all sizes by addressing their critical working capital needs, receivable financing, and other funding requirements. Commenting on this milestone, Salima Al Marzooqi, Assistant General Manager & Chief Islamic Banking Officer at NBO, said: 'At Muzn, we continuously strive to enhance Shari'a-compliant products to meet the evolving needs of our corporate clients. The Corporate Running Wakala Financing solution is a testament to our dedication to offer innovative and ethical financial services. This product caters to businesses seeking Sharia-compliant alternatives to conventional banking products. We are proud to support all businesses in Oman by providing flexible solutions that align with their operational and financial goals.' The solution offers several key benefits that make it a unique option for corporate clients. The product enables financing for a wide range of short-term requirements, including cash flow management and liquidity needs. Additionally, the financing process is simple and transparent, designed to support business requirements effectively. This innovative offering underscores Muzn Islamic Banking's commitment to pioneering Islamic financial solutions that tackle real-world corporate challenges. It provides clients with a flexible arrangement, allowing them to focus on their core operations while benefiting from an efficient financial partnership. NBO Muzn leads the way in making its offerings widely accessible to benefit Oman's corporate sector. For further details on NBO Muzn's corporate banking solutions, please visit contact our customer service at 24770001, or use the user-friendly NBO Muzn Islamic Banking App.
Zawya
28-01-2025
- Business
- Zawya
NBO Muzn Islamic Banking introduces corporate running Wakala Financing solution
MUSCAT: The National Bank of Oman (NBO) Muzn Islamic Banking has launched its innovative Corporate Running Wakala Finance Product, offering a Shariah-compliant alternative to conventional overdraft facilities. This solution empowers businesses of all sizes by addressing their critical working capital needs, receivable financing, and other funding requirements. Commenting on this milestone, Salima Al Marzooqi, Assistant General Manager & Chief Islamic Banking Officer at NBO, said: 'At Muzn, we continuously strive to enhance Shari'a-compliant products to meet the evolving needs of our corporate clients. The Corporate Running Wakala Financing solution is a testament to our dedication to offer innovative and ethical financial services. This product caters to businesses seeking Sharia-compliant alternatives to conventional banking products. We are proud to support all businesses in Oman by providing flexible solutions that align with their operational and financial goals.' The solution offers several key benefits that make it a unique option for corporate clients. The product enables financing for a wide range of short-term requirements, including cash flow management and liquidity needs. Additionally, the financing process is simple and transparent, designed to support business requirements effectively. This innovative offering underscores Muzn Islamic Banking's commitment to pioneering Islamic financial solutions that tackle real-world corporate challenges. It provides clients with a flexible arrangement, allowing them to focus on their core operations while benefiting from an efficient financial partnership. NBO Muzn leads the way in making its offerings widely accessible to benefit Oman's corporate sector. For further details on NBO Muzn's corporate banking solutions, please visit contact our customer service at 24770001, or use the user-friendly NBO Muzn Islamic Banking App.
