Bank Nizwa sponsors Quran competition in the Governorate of South Batinah

Press release
Published May 10th, 2017 - 10:50 GMT

During the event
During the event

Bank Nizwa sponsored a Quran competition for students organized by the Ministry of Education through the Directorate General of Education in South Batinah Governorate. With 1,000 students from 117 schools participating in the competition, ten winners were honored in an awards ceremony held under the patronage of H.E. Dr. Abdallah bin Rashid Al Siyabi, Vice President of the Supreme Court. The competition featured four categories for contestants including Quran memorization for students, Quran memorization for students with hearing or visual impairments, and recitation.  

Dr. Ashraf bin Nabhan Al Nabhani, General Manager-Corporate Support at Bank Nizwa, said, “We have been committed to empowering local communities from the outset, a dedication that has only grown with time, nurtured by the many corporate social responsibility programs we have launched. As Oman’s leading Islamic financial institution, we believe it is our responsibility to offer the youth of Oman a platform to exhibit their skills and celebrate the values enshrined in the Holy Quran.”

Since its establishment in 2013, Bank Nizwa has maintained a strong commitment to championing the social and economic growth of local communities through engaging, educational and enriching activities. Its partnerships with stakeholders including ministries and non-governmental organizations have allowed the bank to support students, families and communities across the Sultanate throughout the years. 

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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