Bank Nizwa Football First Championship Successfully Completed

Press release
Published November 14th, 2019 - 08:10 GMT

During the event
During the event
Highlights
Bank Nizwa has been rooted in community engagement whether on a corporate or public level

Bank Nizwa, Oman’s fastest-growing Islamic bank, has organized a football championship geared towards financial institutions in the Sultanate. In its first edition, the Bank Nizwa Football championship saw the participation of six sides, the State General Reserve Fund (SGRF), Standard Chartered Bank, Qatar National Bank, Maisarah Islamic Banking, Bank of Baroda, and Bank Nizwa. The six teams were split into two groups of three and played against one another in the group stage. The final match saw Bank Nizwa paly SGRF for the title. The game was very competitive but neither team was able to break defenses of the other. After the final whistle, the deadlock went into a penalty shootout, which SGRF won (3:2) and was named winners of the first edition.

The spectacle was a huge success focusing on strengthening the community of financial institutions while creating a feel-good atmosphere for them and spectators alike. Bank Nizwa, the organizers will be looking at the expansion of the championship in its future editions to include more participants. Since inception, Bank Nizwa has been rooted in community engagement whether on a corporate or public level.

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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