Alizz Islamic Bank
Islamic bank of Oman
From Wikipedia, the free encyclopedia
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 | Taimur bin Asa'ad 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]
