Bank Nizwa Partners with IslamicMarkets to Offer its Staff Customised Training Programmes on Islamic Finance

London and Muscat, 1 July 2021: IslamicMarkets Limited (“IslamicMarkets”) has announced today that Bank Nizwa, Oman’s first dedicated Islamic bank with fully Shariah-compliant products and services, has adopted IslamicMarkets Enterprise solutions to support their capacity building through the training and development of their team members, in line with the Bank’s consistent roadmap to be an employer of choice as well as to lead Oman’s growing Islamic finance market.

Bank Nizwa will be leveraging a suite of powerful tools on the IslamicMarkets platform in navigating the global Islamic economy. With a key focus on supporting their employees during a global pandemic by providing them with the necessary knowledge, skills and tools, through IslamicMarkets Learning, their employees can access an extensive and growing library of practitioner-led learning modules specifically geared towards Islamic banking and finance. In addition, they are also able to benefit from market insights and best practices shared by industry leaders and experts in exclusive interviews on the dedicated broadcasting platform for Islamic financial markets, IslamicMarkets TV.

In an effort to provide bank-wide support for their employees to keep abreast with the latest developments in the market and unlock commercial opportunities, their employees now have unrivalled and premium access to data and financial intelligence on the global Islamic economy through IslamicMarkets IQ and the opportunity to connect with over 500,000 users including professionals and institutions through IM Messenger.

Khalid Jamal Al Kayed, Chief Executive Officer of Bank Nizwa, said: “Employees are the driving force behind the Bank’s success. In today’s world where digital banking solutions are highly sought after due to the pandemic, we hope to leverage on powerful and impactful technological tools to support our employees in raising the bar in the delivery of our banking solutions and services. Bank Nizwa believes that employees are a major asset for the organization and hence, all our efforts are centered towards advancing their capacities and capabilities to become tomorrow’s leaders in Islamic banking. Towards this objective, we look forward to working together with IslamicMarkets to continue building upon our exceptional performance despite the challenging circumstances by continuously upskilling our greatest asset, our people. We hope to augment our existing capacity building efforts and build a strong foundation for us to lead in the Islamic banking sector.”

Shakeeb Saqlain, Chief Executive Officer of IslamicMarkets, said: “The Islamic economy today is seeing a faster shift towards digital solutions. At IslamicMarkets, we have created the infrastructure to support businesses and professionals globally, to scale the Islamic economy. From capacity building to unlocking commercial opportunities, our Enterprise solutions complement the digitalisation efforts of our clients. We are delighted to be supporting Bank Nizwa in navigating the economic landscape and gaining a competitive advantage in a world where the way we bank is changing rapidly.”

About IslamicMarkets

IslamicMarkets.com is the world’s leading financial intelligence, knowledge development and collaboration platform for the global Islamic economy.

With IslamicMarkets Enterprise, professionals and institutions can access industry-led learning content, a wide range of actionable content and tools from Sukuk markets to daily market news and the opportunity to connect with the largest network of professionals and institutions from various Islamic financial markets.

Through IslamicMarkets.com, members are able to tailor their experience on the platform based on their business needs and objectives and deploy the platform’s suite of learning and analytical tools to better understand opportunities in global Islamic markets.

About Bank Nizwa

Bank Nizwa is Oman’s first dedicated Islamic bank with fully Shariah-compliant products and services.

The Bank offers an entire portfolio of commercial banking services. Since launching its operations in January 2013, the bank now provides a full range of banking solutions to individuals, small and medium size enterprises, corporations and government institutions.

With the aim of becoming the bank of choice for the people of Oman, Bank Nizwa is equipped with state-of-the-art banking systems and software which are driven to offer customers the best Islamic banking experience.