Muzn Celebrates Oman’s 50th National Day With a Line-up of Special Initiatives

Press release
Published December 2nd, 2020 - 08:51 GMT

Muzn Celebrates Oman’s 50th National Day With a Line-up of Special Initiatives
Salima Al Marzouqi, Head of Muzn Islamic Banking
Highlights
For a limited time, the bank is also offering exclusive rates on its Auto, Consumer Goods and Education financing products , providing the ideal opportunity for customers to make that special purchase.

Muzn, National Bank of Oman’s (NBO) pioneering Islamic Banking window, is marking the occasion of the Sultanate’s 50th National Day with a string of engaging events throughout November and December. Four weekly draws will be held for mobile app users, who stand to win OMR 50 on any transaction. In addition, Muzn will be giving OMR 50 each to the first 50 customers to open a new Kids Wakala account with a minimum deposit of OMR 5,000. For a limited time, the bank is also offering exclusive rates on its Auto, Consumer Goods and Education financing products , providing the ideal opportunity for customers to make that special purchase. Held under the theme, “From the nation’s bank, to the nation”, they are part of a number of exciting ways Muzn and NBO are celebrating National Day with their customers.

 

Salima Al Marzouqi, Head of Muzn Islamic Banking, said, “The Sultanate has traversed a remarkable path since 1970 and as Oman’s first Islamic banking window, we are part of the journey. Our special initiatives are a thank you to our customers for being with us on this journey and our way of helping them on theirs. We extend our sincere congratulations to His Majesty Sultan Haitham bin Tarik and all the people of Oman on the occasion of the 50th National Day and are glad to continue serving them as their number one Islamic bank.”

As part of the special draw, every customer who makes a transaction on Muzn’s mobile app, including bill payment, mobile top-up, scan & pay and third-party transfers, will be eligible for a chance to win OMR 50, with two customers awarded each week until the first week of  December 2020. What’s more, every transaction increases the chances of winning. The bank is involving its youngest customers too, offering OMR 50 to the first 50 customers to open a new Kids Wakala account with a minimum deposit of OMR 5,000, before the end of December. Finally, customers who choose to apply for Muzn’s Personal Finance products, will enjoy reduced rates starting at 5.25% p.a.

 

As the first Islamic Banking Window in Oman, Muzn provides an all-encompassing range of Shari’a-compliant banking services to deliver financial solutions to a growing customer base. The bank offers innovative, competitive and quality Islamic banking products and services while ensuring they are accessible to all.

Background Information

National Bank of Oman

Founded in 1973, National Bank of Oman was the country’s first local bank, forging a rich history with Oman’s local businesses and its economy at large. Today, it is one of the largest banks in Oman, with a paid up capital of OMR (Omani Rials) 110.8 million (US$ 288 million) and a regulatory capital of OMR 377.8 million (US$ 981 million)*.​

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