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EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI

Meethaq Sharia Board reviews performance, growth strategy

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BUSINESS REPORTER -
MUSCAT, JAN 1 -
The Meethaq Sharia Supervisory Board hosted its 5th meeting of 2018, led by Shaikh Dr Ali Qaradaghi, Chairman, to review the 2018 performance and growth strategy of Meethaq Islamic Banking for 2019.
The meeting held at Bank Muscat head office reviewed new products and services in the pipeline for 2019, finance for corporate projects as well as audit report for the fourth quarter of 2018.
Meethaq is focused on developing as a benchmark for Islamic banking and finance in Oman and the region. Within five years of operations, Meethaq has consolidated its leadership position, recording many achievements contributing to the growth and development of the Sultanate’s economy. The Meethaq Sharia Supervisory Board has made valuable contributions in establishing Meethaq as the leading Islamic banking service provider in Oman.
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. As part of its focus to expand operations across the Sultanate and offer world-class Islamic banking experience to customers, Meethaq has widened its state-of-the-art branch network to 20.
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. Every Meethaq product goes through the process of Sharia compliance certification by the Sharia Supervisory Board and is created in line with the guidelines of the Central Bank of Oman.



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