Bank Nizwa inspires Oman’s Special Olympics team with confidence and courage

Press release
Published March 15th, 2017 - 09:17 GMT

Bank Nizwa - Special Olympics
Bank Nizwa - Special Olympics

As part of its drive to promote human development in the Sultanate, Bank Nizwa has announced its support for the Special Olympics Oman Association’s team, which will participate in the upcoming Special Olympics World Winter Games 2017 in Austria. Inspiring hope, confidence and courage, the bank is empowering four Omani athletes to join their counterparts from 107 countries for one of the world’s largest sports events.

The Special Olympics Oman Association works to integrate people with intellectual disabilities into society. With Bank Nizwa’s support, the Association will be sending a highly qualified and passionate team to compete at the highest level. Oman will be represented by 20-year-old Khalid Al Farsi, 27-year-old Raya Al Hasani, 22-year-old Shatha Al Hasani, and 17-year-old Abdulrahman Al Raqadi. They will be competing in the Snowshoeing race for 100 meters, 200 meters and 4x 100 relay mix.

Since inception, Bank Nizwa has harnessed the power of corporate social responsibility to drive the development of local communities and enrich the lives of its residents. Inspired to give back by the principles enshrined in Islamic teachings, the bank continues to work with organizations from across the Sultanate to spotlight important issues, inspire action, and make a difference wherever they go. Bank Nizwa, renowned as one of Oman’s most community-minded institutions, has remained at the forefront of these efforts by uniting multiple stakeholders to maximize impact. 

Background Information

Bank Nizwa

The formation of Bank Nizwa came about with the Central Bank of Oman granting its initial approval to the licensing of the Bank to Sheikh Saud bin Ali Al Khalili. Sheikh Saud and a further 92 other Omani individuals, companies and pension funds constitute the founder shareholders of the Bank.

Bank Nizwa is Oman’s first dedicated Islamic bank, with fully Shari’a compliant products and services.

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