Breaking News :

HM The Sultan Leads Farwell Party for Emir of Qatar

HM The Sultan Presides over Student Festival

Over 70 Teachers Trained in Financial Literacy through Maliyat Academy from Bank Muscat

Oman & Belarus: Towards Expanding Partnerships in Various Fields

HM The Sultan Visits Belgian Port of Antwerp

“Oman and Zanzibar Strengthen Bilateral Ties: Focus on Economic, Cultural, and Health Cooperation”

COMEX Global Technology Show 2024 Kicks off

HM The Sultan Arrives in Kuwait

Kuwaiti diplomat: Omani Sultan’s Kuwait visit indicative of strong ties

UAE President holds dinner banquet at Qasr Al Watan in honour of Sultan Haitham bin Tariq

UAE President receives Sultan of Oman upon arrival in UAE on state visit

Oman and UAE: Fraternal Bonds, Strategic Relations and Economic Partnership

OIA Announces Social Investment Policy, Launches “Qimam” Platform

POPS Supervisory Committee Holds First Meeting in 2024

Bank Muscat’s Sayyarati Auto Finance Option Comes with the Best Financing Facilities for Customers

“Ooredoo Oman Welcomes Khawla Al-Amiri as Chief People Officer, Reinforcing Commitment to Local Leadership Empowerment”

Bank Muscat Launches EAGLEs Programme: A Pioneering Leadership Engagement Across Branch Network

“Forging Tomorrow: A Global Imperative for Advanced AI Infrastructure”

“High-Paying Careers in Artificial Intelligence: Securing Your Future in the Evolving Job Market”

HM The Sultan Issues Two Royal Decrees

Unlocking New Horizons for Entrepreneurs: The Fourth Industrial Revolution

Royal Army of Oman Celebrates Passing Out of Officer Cadets, University Officers

HM The Sultan Offers Condolences on the Death of Kuwaiti Emir

HM The Sultan Gives Audience to Business People in India

HH Sayyid Theyazin Conveys HM The Sultan’s Greetings to Russian President

First Muscat Dialogue Sessions Begin

Oman and Switzerland Strengthen Bilateral Cooperation with Multiple Memoranda of Understanding

Empowering Coastal Women in Oman: “Mina” Project Unveiled

Information Minister Affirms Keenness to Strengthen Communication with International Media Institutions

“Oman’s Education and Innovation Drive: Sultan Haitham’s Vision”

UAE Space Agency launches National Space Academy to develop national cadres

HM The Sultan Presides over 8th Term Convening of Council of Oman

Selecting Topics Phase Launched of “Together we Make Progress” Forum

HM The Sultan Issues 2 Royal Decrees

Interior Minister visits Operations Chamber of Shura Council Elections

Omanis Cast Ballots for Shura Council’s 10th Term Membership

“Navigating Talent Challenges in Oman’s Telecom Sector”

“Bank Merger in Oman: A Human Resources Transformation Story”

Omantel’s 5G Excellence Recognized with “Samena Communications Award”

NHS scientist awarded £58,000 after being named ‘Paininarse’ on spreadsheet

‘Kill list’ | Mystery doc shows list of LinkedIn staff facing redundancy, days before HR announcement

HM The Sultan Receives Ambassadors’ Credentials

“Empowering Omani Women: A Message of Hope and Progress”

Mohammed bin Rashid opens GITEX GLOBAL

HH Sayyid Bilarab Chairs Meeting of Omani Startups’ Supervisory Committee

“Dhi Yazan bin Haitham Al Said Inaugurates Duqm Economic Forum “

Omani Woman: Clear Vision & Remarkable Achievements

“Strategies for Cultivating a Healthy and Productive Work Environment”

“Essential Reading for HR Professionals: 17 HR Books You Can’t Miss in 2023”

“Future-Proofing Your Career: Essential Skills for Tomorrow’s Job Market”

MAWARED annual book

Transformational Leadership: Inspiring Change and Achieving Excellence

“al sulaam Program (Episode four) with Dr. Aamal al bussaidi .”

“al sullam Program (Episode Two) with Dr. Ahmed Al-Ghusani.”

Nama Group and Omani Society for Human Resource Management (OSHRM) announce strategic partnership in Human Resources development

8 races as part of the 8th Annual Al-Bashair Camel Festival in Adam State.

“Ooredoo” anticipates a partnership with “Iron Mountain” to expand its regional presence in the data center sector.

The third annual forum recommends investing in artificial intelligence applications and tools.

Opening of the Mobile Standard Laboratory for Diagnostic Environmental Testing of the Poliovirus.

The Muscat Stock Exchange index closed down by 0.180%.

Delivery of the Royal Certificate of Merit to a number of graduating officers in the Sultan’s Armed Forces of Oman.

Agreements Inked to Finance Development Projects in Musandam

GCCIA, QDF Ink Financing Agreement for Oman Direct Interconnection Project

Oman Oil Price Drops 1.98 US Dollars

Information Ministry to Organize Evolutionary Workshop on Tackling Social Media

February 14, 2025

Meethaq Islamic Banking Takes Part in Decrypt the Future of Islamic Banking Forum

MUSCAT,

In order to reinforce its commitment to advancing Islamic Banking practices, Meethaq Islamic Banking from Bank Muscat participated in the 2nd edition of Decrypt the Future of Islamic Banking Forum, which came this year under the title “Islamic Financing in Digital Transformation Era: Vision for Achieving Sustainable Development”. The event was organized under the patronage of H.E. Tahir bin Salim Al Amri, Executive President, CBO, and attended by a large number of officials and experts from the sector from different institutions.

The forum touched upon the recent updates and opportunities in Islamic Banking Sector and financial technology in Oman. Discussions included the role of Islamic financing in enhancing sustainable development, opportunities and challenges of digital era, and the profound impact of Islamic Banking services. During the forum, attendees got introduced to innovation in Islamic Banking products, Islamic Banking and social justice, Fintech and Islamic Banking and artificial intelligent. The forum served as a meeting ground for specialists in Islamic Banking and Finance in Oman fostering collaborative dialogues aimed at propelling sectoral growth.

About Meethaq’s participation, Sami Bait Rashid, Assistance General Manager, Meethaq Personal Banking, said: “We are pleased to participate in the second edition of this forum to contribute along with the other institutions in enhancing the role of Islamic Banking in the Sultanate. In Meethaq, we are keen to work towards achieving common goals and contributing in the development of national economy. As a pioneer in Islamic Banking sector, Meethaq will continue to enhance its leadership position by developing and offering the best Sharia-compliant services and products.”

Meethaq has been keen to participate in the events related to fostering the concept of Islamic banking, and the services provided through Islamic financing. Since its inception, Meethaq has been providing a comprehensive range of value-added products and services that undergo rigorous Sharia compliance certification by the Sharia Supervisory Board and adheres to guidelines set forth by the Central Bank of Oman. Meethaq’s adoption of AAOIFI standards (Accounting & Auditing Organisation for Islamic Financial Institutions) further distinguishes its Islamic banking practices.

Additionally, Meethaq provides a vast array of services including several variants of savings and current accounts customized to meet the needs of different customer segments, financing solutions such as home financing, car financing, personal goods financing, travel finance, education finance, marriage finance based on diminishing musharaka, murabaha financing and service Ijarah contracts. Meethaq also offers credit cards, debit cards, motor takaful solutions, trade finance solutions and Hafawa premium banking services. With the aim of offering a full range of Islamic financial offerings to cater to the different customer segments, Meethaq provides products suited to the needs of corporates and SMEs which include current account, project financing, working capital facilities and tailored financing solutions based on their business needs.

Meethaq Islamic banking has successfully strengthened its branch network over the past period, as it has 27 branches distributed across various governorates. Meethaq also has more than 50 ATMs and CDMs while customers can also complete their transactions easily and conveniently through more than 800 ATMs and CDMs by Bank Muscat in various governorates of the Sultanate.

Emphasizing its stance of excellence in the Baking sector, Meethaq Islamic Banking has received several -awards from regional and global highly ranked institutions. During the past few consecutive years, Meethaq was awarded Oman’s Most Trusted Brand Award for Islamic Banking from “Apex Media”, the Leading Islamic Banking Brand Award From “The Banker”, multiple prestigious awards from “Islamic Finance News”, The Best Islamic Bank Award in Oman, and a number of awards from “Global Islamic Finance” such as GIFA Market Leadership Award for 2023 and the Best Islamic Digital Bank Award in Oman. Due to the continuous regional and global recognition it receives, Meethaq Islamic Banking commits to upholding its pioneering leadership presence in the Sultanate’s Banking Industry.

Read Previous

Shortage and Exhaustion: Swiss Healthcare Professionals’ Painful Self-Assessment

Read Next

Qatar Airways Offers 12% Discount on Tickets for Bank Muscat Customers

Most Popular