alizz islamic bank connects with customers through innovative digital platforms

Press release

Published February 17th, 2014 - 08:44 GMT

Based on its forecasted year on year growth of between 15% and 20% for assets, financing or deposits, alizz islamic bank (SAOG) is planning to further grow its digital platforms to offer Shari’a compliant products and services that meet customers various personal and corporate banking requirements. The platform includes the innovative ‘Online Banking’ tool, as well as the alizz islamic bank corporate website, which features an all-encompassing reference point for benefits of Islamic banking and differentiators in comparison with conventional banking. The new bilingual website went live early Q4 2013.

“While the Islamic finance sector continues to add to the economic growth trend in Oman, our 360 degree approach of connecting with customers and the suite of digital platforms we offer reinforces our role as one of the most innovative organisations in the market. Our strategy is to offer customers seamless access to Islamic banking through our ‘Online Banking’ tool,” said Aisha Al-Kharusi, Assistant General Manager - Corporate Communications at alizz islamic bank. “Using our website, we are uniquely positioned as one of the first full-fledged Islamic banks in the Sultanate to provide a wealth of information about Shari’a compliant products and services alongside an ingenious know-how library,” added Al-Kharusi.

Featuring extensive product information to help customers understand alizz islamic bank’s complete range of Shari’a solutions and to increase satisfaction levels, the ‘Online Banking’ portal offers a wide range of banking requirements, 24 hours a day in a safe and secure environment. Offered services range from balance queries or transfers, credit card and bill payments. Two main factors for using the portal are the convenience in performing a number of banking services online, and the enhanced transaction security measures with one time passwords.

As for the alizz islamic bank’s corporate website, it has been designed using the latest technology, compatible with the latest browsers. Customers can benefit from a richer online content, easier to navigate and share with others. Additionally, the website provides comprehensive information about personal and business Islamic banking segmented into deposit products, asset products, corporate banking and treasury. All the information is carefully presented post extensive review and approval from the Fatwa & Shari’a Supervisory Board of the Bank.

With user experience firmly in mind, visitors can stay up to date with the latest news about the alizz islamic bank. Increasingly popular sections of the website include ‘Online Banking’, ‘Mobile Banking’, ‘Careers’ and the ‘Media’ section sharing valuable opinion pieces from industry experts, as well as the easily linked social media platforms of the bank on LinkedIn, Facebook, Twitter and Instagram.

Background Information

alizz islamic bank

Alizz Islamic Bank (SAOG) was established in accordance to Royal Decree No. 69/2012 which amended the banking law to include Islamic banking at licensed banks through either specialized banks or independent entities at the existing commercial banks.

Founded in November 2012, Alizz Islamic Bank provides retail and corporate finance through branches, online (alizzislamic.com), and mobile devices. Alizz Islamic Bank is here to deliver exceptional and sustainable results to our stakeholders by providing superior Shari'a compliant financial solutions.