As part of its strategic expansion of its branch network across the Sultanate, Maisarah Islamic Banking Services recently celebrated the official opening of its 7th branch in Al Khuwair. The event was held at the newly opened branch under the auspices of Majeed bin Mohammed Al Rawas, Media Advisor at the Ministry of Information.
The ceremony was also attended by Abdul Hakeem Omar Al Ojaili, Acting CEO of BankDhofar, Faisal Hamad Al Wahaibi, Chief Retail Banking Officer, Ismail Jama Bait Isihaq, Financial Controller at Maisarah Islamic Banking Services, as well as members of BankDhofar and Maisarah’s executive management, staff, guests and senior government officials.
In a statement during the event, Jamsheed Hamza, Maisarah’s Head of Retail, said: “The branch has started serving our customers and today we are celebrating the official commencement of its operations. As part of our strategic expansion plan, we aim to provide Shariah-compliant products and services to cater to more customers in different parts of Oman. We aspire to fulfil the market demand for Islamic finance solutions and Shariah-compliant products and services.”
“The new branch is conveniently located in Al Khuwair commercial area and it is easily accessible for customers from different parts of Muscat. The dedicated and trained members of staff work constantly to meet customers’ individual banking needs and requirements for Islamic finance products and services,” added Jamsheed.
Showing an impressive growth since its launch in 2013 and demonstrating a high degree of product innovation and best services, the Islamic window has been recognised for its commitment to lead the Islamic finance market in the Sultanate, earning prestigious awards and titles from leading local and international organisations including the ‘Best Islamic Bank in Oman 2015’ by Global Banking & Finance Review, ‘Best Islamic Banking Window – Oman 2015’ award by the London based International Finance Magazine (IFM), the ‘Islamic Bank of the Year – Oman 2015’ award by The Banker, ‘Best Islamic Community Support Bank 2014’ by Global Financial Market Review and ‘Best Islamic Window in Oman 2013’ by Global Financial Market.
Maisarah offers a wide range of Shariah-compliant financial solutions, products and services that cater to the needs of its retail and corporate customers. Maisarah plans to expand its presence across the Sultanate through the addition of new branches. As part of its future growth plan, the Islamic banking service provider plans to distinguish itself by focusing on prominent customer service, developing and launching new products, and investing in technology to provide the best customer experience in timely and convenient manner.