Saturday 19 January 2013

Times of Oman | Meethaq to start Islamic banking operations tomorrow

Meethaq, the pioneer of Islamic banking in Oman, from Bank Muscat, is all set to redefine Islamic banking with the launch of full-fledged operations at its dedicated branch in Al Ghubra.

Sheikh AbdulMalik bin Abdullah Al Khalili, Minister of Justice, will be the guest of honour at the grand ceremony tomorrow, coinciding with the auspicious occasion of the Prophet's birth anniversary.

Bank Muscat is the first commercial bank in Oman to receive Central Bank of Oman (CBO) approval and begin operations through independent Islamic banking window as per the requirements of Islamic banking regulatory framework of CBO. Ever since the announcement of the final CBO approval to begin soft operations, customers have been pouring into Meethaq branch to open accounts and avail various services.
Times of Oman | Meethaq to start Islamic banking operations tomorrow

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