MUSCAT: NBO’s Islamic banking window, Muzn, has signed a Term Wakala agreement with national carrier, Oman Air, providing long-term financing to secure assets with Shariah-compliant financial solutions.
Salima al Marzouqi, Chief Islamic Banking Officer, said, “We are proud to support the development of Oman’s national carrier, Oman Air, and provide the flexible financial options required in this rapidly changing market. This year Muzn marked its 10-year anniversary and we will continue unleashing new potential in Oman’s corporate sector by proactively making connections. We have made banking simple and easy, and built around the needs of our customers so that they can achieve their goals while ensuring the financial solutions adhere to our ethical practices.”
As the first Islamic banking window in Oman, Muzn has been at the forefront of innovative solutions in Oman’s Islamic Finance sector for more than a decade. By remaining true to our roots, Muzn has delivered the best banking experience without compromise by introducing a growing range of Islamic banking services based around the needs of customers and providing intuitive banking with convenient, headache-free Shari’a-compliant banking products that are accessible to all.
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