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Maisarah appoints new Sharia Supervisory Board

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MUSCAT: Maisarah Islamic Banking Services — BankDhofar’s Sharia-compliant window — has appointed a new Sharia Supervisory Board (SSB) during the Annual General Meeting held on March 22, 2022. The announcement was followed by an inaugural meeting of the new board comprising of Shaikh Abdullah bin Ali al Shihri as Chairman, Shaikh Azzan bin Nasser al Amri as Deputy Chairman, Dr Abdulrub bin Salim al Yafei, Dr Amin Fateh and Shaikh Hilal bin Hassan al Lawati as members of the board.

During the meeting, the new board members, jointly with Maisarah’s management and Sharia teams, emphasised on the importance of maintaining highest Sharia standards throughout the design to the delivery of all Maisarah’s products, services and financial solutions. The meeting also reviewed Maisarah’s offerings since the inception of its operations in 2013 and discussed Maisarah’s business development and updates throughout 2021. The board members expressed their satisfaction towards the internal Sharia review and compliance system applied by Maisarah and hailed its commitment to comply with Islamic banking guidelines.

Showing an impressive growth since the launch of its operations in 2013, Maisarah Islamic Banking Services has demonstrated a high degree of product innovation with an extensive range of Sharia-compliant financial solutions that cater to the needs of its retail and corporate customers in different parts of Oman. As part of its future growth plan, Maisarah will continue to distinguish itself by focusing on outstanding service quality, developing and launching new innovative products, and investing in technology to provide the best customer experience through its expanding network of branches, ATM and CDM facilities.

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