Nizwa Bank is considered the first specialized Islamic bank in the Sultanate of Oman, providing all products and services that comply with Islamic law. Since the bank’s operations began in 2013, it has been offering a range of banking solutions for individuals and small and medium-sized enterprises, as well as for government companies and institutions. It is noted that Bank Nizwa is equipped with the latest banking systems and global software technologies; which has made it a preferred destination for many Omanis.
The extent of the services provided by Bank Nizwa to individuals, companies, and institutions is well-known. Here, we are concerned with small and medium enterprises and what the bank provides for them.
Banking services for small and medium enterprises:
Financing facilities and services:
Murabaha.
The investment agency.
Leasing means that the bank purchases assets from their owner and then leases them to the client, and at the end of the leasing period, ownership of the assets is transferred to the client.
Manufacturing is a contract for the sale of specific materials for the purpose of their production or creation.
