Meethaq Islamic Banking from Bank Muscat, has been honored with the esteemed Global Islamic Finance (GIF) Award for Market Leadership in recognition of its unwaveringly committed stance of advancing the Islamic Banking landscape within the Sultanate of Oman. This accolade underscores Meethaq’s continuous dedication to providing top-tier Sharia-compliant services and products to its diverse customers, comprising both individuals and institutions. Since the inception of Meethaq, it has remained steadfast in its pursuit of excellence, consistently raising the bar in providing innovative financial solutions tailored to the evolving needs of our customers.
Speaking on the occasion, Ali Ahmed Al Lawati, Assistant General Manager, Meethaq Corporate Banking, expressed his delight about receiving this prestigious award, stating: “We are immensely pleased to receive this recognition, which serves as a testament to Meethaq’s enduring journey of accomplishments. We extend our gratitude to the GIFA team for acknowledging Meethaq’s market leadership position in the Sultanate’s market. Meethaq remains dedicated to delivering unparalleled value propositions and services that align with the evolving needs of our esteemed customers. We also extend our sincere appreciation and support to all our valued customers for their confidence and belief in Meethaq. Looking ahead, we are dedicated to continuously innovating and providing customer-centric solutions to fulfill their aspirations.”
Building upon its legacy of success, Meethaq Islamic Banking has continually expanded its footprint across the Sultanate, currently operating 28 branches, with over 13 branches situated in Muscat Governorate and 14 branches distributed across other Governorates. Additionally, Meethaq Islamic Banking offers its customers access to a dedicated network of over 50 ATMs/CDMs and provides free access to over 850 ATMs and CDMs of Bank Muscat, ensuring convenient and accessible banking services for a wide base of customers.
Meethaq’s innovative Sharia-compliant products and services cater to various segments of society and are aligned with Oman’s Vision 2040, aimed at fostering a digital society. With a focus on supporting key economic sectors, Meethaq extends its expertise to retail customers through a comprehensive suite of Islamic banking solutions, including savings accounts, current accounts, home finance, auto finance, debit and credit cards. Furthermore, Meethaq offers SMEs a range of products and services such as; current accounts, financing solutions tailored to their working capital need, as well as short term and long-term facilities, reinforcing its commitment to promoting economic growth and prosperity.
In acknowledgement of its pioneering position in the Islamic banking sector, Meethaq Islamic Banking has been recognized for its leadership stance several times by 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 form “Euromoney”, The Most Innovative Islamic Window for SMEs from “Global Business Outlook”, 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. These awards underscore Meethaq’s leadership in the Islamic banking sector and its consistent dedication to excellence.
Meethaq Islamic Banking remains committed to upholding its pioneering leadership presence in the Sultanate’s Banking Industry by offering a comprehensive range of value-added products and services undergoes rigorous Shariah-compliance certification by the Sharia Supervisory Board and adheres to the guidelines set forth by the Central Bank of Oman. More details about Meethaq Islamic Banking are accessible on https://www.meethaq.om
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