Muscat, June 23rd 2013 - alizz islamic bank (SAOG) has announced the appointment of Mohammed Al Fahim as Deputy Chairman to the Bank's Board of Directors. Al Fahim, an existing board member from November 2012, serves as Head of Finance at the Finance & Accounts Department of International Petroleum Investment Company (IPIC) in the United Arab Emirates, a position he has held since 2008.

On the decision, HH Sayyid Taimur Bin As'ad Al Said, Chairman of alizz islamic bank said "I would like to welcome Mohammed Al Fahim as deputy chairman of alizz Islamic bank.  Having worked closely with Al Fahim since the banks inception I am confident that his extensive experience in financial services in regional and international markets will play a pivotal role in assisting alizz Islamic bank become the Islamic bank of choice in Oman"

Established in November 2012, alizz islamic bank looks to welcome its first customers in the third quarter of the year. One of the first dedicated Islamic banks in Oman, alizz Islamic bank aims to offer both retail and corporate customers an enriching banking experience designed for today's modern world.

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About alizz islamic bank SAOG
alizz islamic bank is one of the first dedicated Islamic banks in Oman. With an aim to offer customers an enriching banking experience designed for today's modern world, the Bank has focused its investments on human capital and best of breed of technology to ensure the delivery of exceptional, responsive customer service. Transparent processes and innovative products and solutions that are inspired by Islamic Shariah cater to the diverse needs of both commercial and retail customers.

Founded in 2012 in accordance to Royal Decree No. 69/2012, the Bank's total paid up capital is 100 million Omani Rials of which 40% was raised by public investors during the Initial Public Offering (IPO) in September 2012. alizz islamic bank is promoted Huriah Company LLC, aabar Investments PJS, First Energy Oman and Tasameem Real Estate Company LLC.

For press inquiries and images, please contact:
Alison Horace                                                       
alizz islamic bank                                                  
Muscat, Sultanate of Oman                                    
Tel:  + +968 940 36555                                            
Email: alison.horace@alizzislamic.com 

Shaza Taher 
TRACCS Public Relations 
Muscat, Sultanate of Oman
Tel:  +968 24 649-099 
Email: shaza.taher@traccs.net   

© Press Release 2013