GulfBase Live Support
Leave a message and our representative will contact you soon
10/01/2018 13:52 AST
Meethaq, the Islamic banking window of Bank Muscat, won the Best Islamic Banking Window in Oman Award by Islamic Business & Finance magazine at a gala event in Dubai. In its 12th year, the awards honoured the very best of the Islamic finance industry across the Middle East and Africa, according to a press release.
The awards highlighted exceptional performance and growth of the Islamic business and finance community. The citation noted that in trying times, these institutions have shown resilience, commitment to innovation and a strong ethical backbone. Leading business publications group CPI Financial is the publisher of Islamic Business & Finance magazine.
Sulaiman al Harthy, deputy CEO – Islamic banking at Bank Muscat, said, ”Meethaq is proud to once again win the Islamic Business & Finance award. Within four years of operations, Meethaq has consolidated its leadership position, recording many achievements contributing to the overall growth and development of the sultanate. At a time when the role of Islamic finance is increasingly seen in supporting economic and social development, Meethaq remains committed to initiatives contributing to sustainable development in Oman.”
Meethaq has crossed a milestone of over RO1bn in assets and accounts for over 33 per cent of market share in terms of assets and is the market leader in Islamic banking in Oman. The Bank Muscat's Islamic banking window extends support to all key economic sectors in the sultanate. Its strategy is to attract customers through innovative Sharia’a based products and services.
Meethaq maintains leadership position in the Islamic banking industry in Oman in terms of financing receivables, branch network, products and services, IT infrastructure and human resources.
Meethaq has adopted the best practices in Islamic banking and finance worldwide to combine a robust model which protects customers and complements the Islamic banking industry. In recognition of outstanding achievements in Islamic banking, Meethaq has won prestigious local, regional and global awards. The success of Meethaq stems from its commitment to offer world-class Islamic banking service to customers.
Muscat Daily
13/02/2018
Meethaq, a leader in Islamic banking in Oman from Bank Muscat, and two subsidiary companies of Muscat National Development and Investment Company (ASAAS) signed term finance agreements with a total v
CPI Financial
16/01/2018
Bank Muscat reported a net profit of RO176.82mn for the year ended December 31, 2017 compared to RO176.56mn reported for the year 2016, an increase of 0.1 per cent.
The bank announced its
Muscat Daily
27/12/2017
Bank Muscat board of directors and Meethaq Sharia’a supervisory board led by respective chairmen Shaikh Khalid bin Mustahail al Mashani and Sheikh Dr Ali Qaradaghi held a meeting to review the 2017 p
Muscat Daily
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
05/04/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
04/04/2018
Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o
The Peninsula
04/04/2018
Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than
Gulf News