alizz islamic bank accelerates innovation with Next-generation data centre platform from Oman data park

Press release
Published January 28th, 2014 - 10:11 GMT

alizz islamic bank (SAOG), Oman’s Most Innovative Islamic Bank 2013 by Global Banking and Finance Review, has completed the installation of its Data Centre and Disaster Recovery Infrastructure hosted at Oman Data Park (ODP), Oman’s first cloud and managed service provider. ODP offers managed infrastructure, security and colocation services with a guaranteed Service Level Agreement (SLA) that enhances operational efficiency with the highest levels of security to meet the rapid growth of the bank.

“We based our successful operations to date on the innovation and centralisation of our portfolio in the Islamic banking sector. In support of 2014 expansion plans, this advanced tech-friendly solution, implemented by ODP on behalf of alizz islamic bank, introduces a unified approach to managing our customer-oriented Shari’a compliant products and services with agile decision-making and financial transparency,” said Jamal Darwiche, Acting CEO, alizz islamic bank. “The partnership demonstrates our focus to develop an IT strategy that delivers value and confidence in our financial and business decisions.”

“Our best-in-class cloud and hosting services will enable alizz islamic bank to focus on core business, minimise operational challenges, adapt more quickly to change, grow revenues faster, and utilise ever-changing technology to create a flexible yet stable and scalable IT infrastructure. We are able to prove and maintain low Total Cost of Ownership (TCO) in comparison to other traditional IT models,” said Maqboul Al Wahaiby, Deputy CEO, Oman Data Park. “Cloud computing has changed the way businesses operate and has transformed IT as a utility. We are proud to be part of the transformation and key driving force in Oman as we continue to offer unique and differentiated IT services.”

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.

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