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• Various options of saving accounts, current accounts, auto finance, home finance & fixed deposit
• Maisarah is to launch more Sharia compliant products, services & financial solutions to cater for customers' needs & meet their aspirations
Muscat - In line with its vision to provide the best Islamic banking solutions, Maisarah continues to offer a wide ange of products and services, employs state-of-the-art technology and follows best international Islamic banking practicesto ensure high quality of service.
Maisarah, with a dedicated product development unit, has introduced the best products for its customers and continues to work on extensive product range to be rolled out in the future. Today Maisarah offers various options ofretail banking such as saving accounts, current accounts, auto finance, home finance and fixed deposit.Maisarah Corporate Banking also offers a wide range of Islamic banking solutions, including: Diminishing Musharakah, Murabaha, trade finance products and other Shari'a compliant products.
Sohail Niazi, Maisarah's Chief Islamic Banking Officer, highlighted the Islamic window's commitment to provide easy and innovative Islamic banking solutions. He noted: "Our innovative Islamic banking products and services are designed to fulfil our customers' needs and meet their expectations. We have successfully launched a number of Islamic banking solutions that received a very positive feedback from our valued customers, and that encourages us to continue in the same direction. We are proud to be the leading Islamic banking service provider across Oman and we hope to expand our outreach within the Sultanate."
He added: "More products and services are in the pipeline for this year, and we are looking forward to see Maisarah full-fledged Islamic banking solutions raise the bar for Islamic banking in the Sultanate."
Islamic banking continues to grow globally and has shown very healthy growth in Oman since its launch just over two years ago. Maisarah has seen increasing demand and interest in its products and services from all segments of economy. A wide range of companies across various industries covering construction, manufacturing, real estate, mining, trading, hospitality, tourism and many others have started to explore and utilize Islamic banking option as a viable complement or alternative to conventional banking services.
Maisarah is one of the fastest growing Islamic banking windows in the Sultanate with range of financial products and services and a dedicated head office in Muscat and branches in Muscat, Salalah and Sohar. As a part of its strategy it operates a segregated Islamic banking window and has maintained high standards of corporate governance, research and development, corporate social responsibility and customer service that have helped in winning various awards in local and international markets.
In order to ensure that all the business operations conducted are in-line with the Sharia principles, Maisarah'sSharia Compliance and Audit department works under the supervision of Sharia Supervisory Board (SSB) to ensure highest standards of Sharia compliance. Furthermore, Maisarah has entered into an engagement with an External Sharia Auditor that conducted a third party independent Sharia audit and review to ensure highest standards of Sharia compliance are maintained within Maisarah.
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Visit Maisarah official website www.maisarah-oman.comto learn more about the wide range of products and services, or contact the uptime call centre service on (+968) 24775777 for inquiries.
© Press Release 2015
