Bank Nizwa Inks Agreement with Ministry of Labour to Support its Sahim Programme

Oman’s Bank Nizwa has signed an agreement with the Ministry of Labour to provide a comprehensive set of Shariah-compliant banking services specially designed for beneficiaries of the Ministry’s Sahim Programme (Sahim), supporting its efforts to attract talented youth and assist them in joining the labour market.

Why it Matters?

The Ministry of Labour launched Sahim to strategically regulate the labour market and upgrade the ratio of the national workforce in both public and private sectors, as well as support the local economy and improve living standards. The programme provides job seekers and fresh graduates with a temporary work contract, enabling them to achieve their institutional goals. As per the agreement, Bank Nizwa will assist wor...