Saturday, 25 Mar 2023
Sohar Islamic expands network of branches to Ma’abela

Sohar Islamic expands network of branches to Ma’abela

Having commenced operations on November 1, the bank’s new branch delivers a complete variety of Sharia’a-compliant items and solutions supplying economic options to the neighborhood.

Salim Khamis al Maskari, DGM and head of Sohar Islamic, was joined by members of the leadership team to welcome consumers in the course of the very first day of operations. As per its tradition when extending operational network, Sohar Islamic awarded the very first stroll-in client to the new branch with a present. Maskari, stated, “Our start of operations in Ma’abela marks a milestone in our journey to reach more customers within highly populated areas across Oman, bringing a wide range of Sharia’a-compliant financial products and services closer to our customers. Increasing human touch points as our main platform for customer engagement offers greater accessibility to our growing range of facilities, which work in parallel to the investments we make in digitisation and online customer engagement.”

In addition to other branches strategically spread across the sultanate, in Muscat (Al Khoudh and Ghubra), Sohar (Al Waqaiba), Nizwa (Firq), Barka and Salalah (Saada), Sohar Islamic consumers can avail of a variety of solutions by means of its echannels by way of and its ever-evolving Mobile Banking app for Android and iOS devices.

To make certain that all items and solutions supplied by Sohar Islamic adhere to the highest level of Sharia’a compliance, the Islamic window adheres to important criteria, notably a full segregation of funds, stand-alone and independent branches, separate employees, a powerful Sharia’a supervisory board and Sharia’a audit and compliance unit, committed management, a single of the greatest Islamic banking software program in use worldwide, and strict compliance with the requirements set by the Accounting and Auditing Organisation for Islamic Financial Institutions.

Information Source: Muscat Daily

Check Also

Face masks out of stock in Muscat pharmacies

Pharmacies in 19 currently sweeping the world.