Alizz Islamic Bank recently announced a variety of offers and cash prizes that meet the different needs of customers as part of the nation’s 51st National Day celebrations. Offers include various types of financing such as home finance, auto finance and goods finance. Additionally, new and existing customers of Bushra Prize Savings Account are eligible for cash back rewards.
Alizz Islamic Bank’s Bushra Prize Savings account is Oman’s first Shari’a-compliant prize savings account and reflects the bank’s commitment in pioneering innovative Shari’a-compliant products and services that cater to customers’ needs. All the products offered by Alizz Islamic Bank are shari’a compliant and approved by the Fatwa and Shari’a Supervisory Board.
Alizz Islamic Bank, has announced easy home finance, whether for those wishing to buy or build a house, with a profit rate not exceeding 5.1 per cent.
As part of the personal financing offer for goods, Alizz Islamic Bank is also offering an affordable profit rate that does not exceed 5.1%, whether for finances with a financing period of up to 5 years or 60 months for financing with a repayment period of between 6 to 10 years, i.e. from 60 to 120 months. For those wishing to purchase cars, Alizz Islamic Bank also provided a very competitive profit rate of 5.1% for those transferring their salaries and 6% for those who have not transferred their salaries, with the possibility of benefiting from this offer and obtaining a reduced rate when transferring the salary.
Alizz Islamic Bank also announced a special National Day draw for Bushra Prize Savings Account holders through which 51 lucky customers will win 500 OMR each. In addition, Alizz Islamic Bank is offering OMR 51 cash back reward for the first 500 new to bank customers with a deposit of OMR 5,000 and above. The bank is offering OMR 51 cash back reward amount for the first 500 existing Bushra Prize Savings Account customers with an incremental net deposit growth of OMR 5,000 and above.
Commenting on the offers that are compatible with the provisions and principles of Islamic Sharia, Mohammed Al Ghassani, AGM – Chief Consumer Banking Officer of Alizz Islamic Bank said: “We are proud to announce various offers and products to mark the national occasion. We are confident that our diverse basket of shari’a compliant offers will meet the needs of every customer.”
Since its inception in 2013, Alizz Islamic Bank has breached the gap between customers and the bank using the latest technology solutions built on the solid infrastructure the bank has developed to provide its customers with innovative financial solutions and responsive customer services via its corporate website, online banking, mobile banking, short message service, call centre, ATM, ITM, and branch banking.