1 Al Izz Islamic Bank
2 Bank Nizwa
3 Dubai Islamic Bank
4 Bank Muscat
5 National Bank of Oman
Trading
List of Islamic Banks in Oman
Published by Gbaf News
Posted on April 5, 2013
1 min read· Last updated: December 7, 2018
Key Takeaways
- Oman hosts both full‑fledged Islamic banks and Islamic windows within conventional banks.
- Al Izz Islamic Bank and Bank Nizwa are dedicated Islamic banks in Oman.
- Dubai Islamic Bank, while Islamic, is headquartered in UAE and operates abroad.
- Bank Muscat and National Bank of Oman offer Sharia‑compliant services via Islamic windows.
- Islamic banking in Oman has grown rapidly under Central Bank regulations.
References
Frequently Asked Questions
Which banks in Oman are fully Islamic?
Al Izz Islamic Bank and Bank Nizwa are full‑fledged Islamic banks in Oman.
Do conventional banks in Oman offer Islamic services?
Yes, Bank Muscat provides Islamic banking via its Meethaq window, and National Bank of Oman offers Islamic services via Muzn.
Is Dubai Islamic Bank based in Oman?
No, Dubai Islamic Bank is headquartered in the UAE but serves regional markets.
How has Islamic banking grown in Oman?
Since regulatory reforms around 2012, Islamic banking assets and branches have expanded significantly under Central Bank oversight.
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