Bank Nizwa, a leading Islamic lender, recently won the Best Bank in Oman award from the Islamic Finance News (IFN) Awards ceremony at the Ritz Carlton Dubai International Finance Centre.

Bank Nizwa was given exclusive rankings for playing a pioneering role in the development of Islamic finance and banking in the Sultanate.

Bank Nizwa‘s exceptional growth story since its launch in January, 2013 was a key factor in winning the category. The bank was also praised for the innovation it has shown through its expansion program as well as the significant investment it has made in its technology.

Dr Jamil El Jaroudi, CEO, Bank Nizwa, said: ‘This award from such a merited organization as the IFN speaks volumes for our progress since we opened our doors just over a year ago. We have just celebrated our first birthday and this is a very fitting gift for our bank.  I am proud to bring this award home to our team.”

“We have a very valuable staff at Bank Nizwa, made up of some of the best professionals in the industry and it is their hard work and dedication as well as their belief in a transparent and fair means of banking that keeps us at the top of our game.”

The IFN Best banks poll award is one of the most prestigious awards and highly recognized by the global Islamic capital markets. Established In 2005, the awards pays tribute to those banks who provide best in class services across a series of markets and sectors. – TradeArabia News Service