Friday 26 / July / 2024
Muscat: Reinforcing its position as one of Oman's most customer centric Islamic banking institutions, Alizz Islamic Bank has signed an agreement with Ubhar Capital SAOC to provide investment solutions for the banks customers.
The agreement was signed on behalf of Alizz Islamic Bank, by Mr. Ali Al Mani, CEO of Alizz Islamic Bank and was signed by Abdulaziz Al Saadi, CEO of Ubhar Capital. Senior executives from both organisations were also present at the signing ceremony.
Remarking on the signing of the agreement, Ali Al Mani, CEO of Alizz Islamic Bank said, “At Alizz Islamic Bank we put the customers’ needs at the heart of everything we do and we are honoured to partner with one of the premier investment firms in the Sultanate. With this partnership, our Tharwa customers will have the opportunity to invest in the strategic financial solutions that they require. Driven by our vision of personalising every financial experience through innovative and smart solutions we are pleased to give our customers a new investment avenue for their funds.”
Commenting on the signing Mr, Abdulaziz Al Saadi, CEO of Ubhar Capital said “The partnership with Alizz Islamic Bank is in line with the Oman Vision 2040 objectives to mobilise the private sector in the pursuit of Oman’s economic development. At U Capital we are fully committed to this opportunity and we look forward to a fruitful partnership for both entities”
Ubhar Capital SAOC (‘U-Capital’) is a CMA-regulated, full service investment firm. U-Capital offers Asset Management, Brokerage, Corporate Finance & Advisory, Wealth Management, Custody and Research. It is one of the largest asset managers and a leading stock broker. It has executed some of the most notable corporate finance deals including initial public offerings (IPO’s), debt placements and other advisory mandates.
Alizz Islamic Bank is dedicated towards bridging 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.
