Sunday, 2 Apr 2023
Sohar Islamic officially launches Barka branch

Sohar Islamic officially launches Barka branch

The completely functional Barka branch will supply clients a variety of Sharia’a-compliant goods and solutions as effectively as straightforward access to the branch. The opening ceremony was held below the patronage of H E Sheikh Abdullah bin Mohammed al Braiki, Wali of Barka, and attendance from Sohar Islamic’s executive management and clients from the area.

Welcoming guests at the occasion, representatives from the bank incorporated Salim al Maskari, DGM and head of Sohar Islamic, Mazin al Raisi, sr AGM – Marketing and Customer Experience, and Fahad Akbar al Zadjali, head of Retail and Branches at Sohar Islamic. Following a tour about the new branch, Abdullah bin Mohamed al Adawi, branch operations manager, gave a speech highlighting Sohar Islamic’s network, overall performance and philosophy of supplying outstanding Sharia’a-compliant solutions and goods to its valued clients across Oman. Concluding the occasion, a token of appreciation was presented to H E Braiki for joining the bank’s celebrations.

Maskari stated, “The official inauguration of Sohar Islamic’s Barka branch comes in line with our commitment to expand our physical presence across the sultanate and serve our valued customers with high quality Sharia’a-compliant financial products and services. Over the past five years, we have achieved a lot, and this new milestone only adds momentum to our drive to offer outstanding banking experience and contribute to the growth of the Omani economy.”

Sohar Islamic’s new branch is manned by certified employees supplying clients with the complete variety of Sharia’a-compliant Islamic Banking goods and solutions from Sunday to Thursday from 8am till 2pm. In line with Sohar Islamic’s other branches, the Barka branch will also supply clients complete-fledged ATM and CDM facilities.

Launched in 2013, Sohar Islamic, Bank Sohar’s Islamic Banking Window, has a complete variety of banking options that cover a wide array of retail and corporate financing requirements. These consist of SME Banking, individual finance, auto finance, term deposits, savings accounts, present accounts and building and housing finance for the bank’s retail clients.

For its corporate customers, Sohar Islamic gives asset finance, operating capital finance, trade finance, treasury and investment goods. All goods and solutions supplied by Sohar Islamic adhere to the highest level of Sharia’a compliance and are especially developed to meet specific crucial criteria such as a full segregation of funds, stand alone and independent branches, separate sales employees, a powerful Sharia’a Supervisory Board and Sharia’a Audit and Compliance unit, committed management and the application of the world’s very best Islamic banking computer software. Sohar Islamic assures compliance with the requirements of the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI).

For much more details relating to Sohar Islamic, go to any of the branches positioned in Muscat, Sohar, Nizwa, Salalah and Barka. Alternatively, clients can also contact 24730000 or go to

Information Source: Muscat Daily

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