Bank Nizwa launches Sharia’a-com­pli­ant wealth man­age­ment ser­vices

Muscat Daily - - BUSINESS - Our Correspondent

Bank Nizwa on Wed­nes­day launched its new wealth man­age­ment ser­vices to pro­vide high net-worth clients with the most ef­fec­tive Is­lamic fi­nan­cial so­lu­tions to grow funds in the sul­tanate.

Cus­tomers will re­ceive a full range of tai­lored prod­ucts and ser­vices to cater to their ex­clu­sive needs, in­clud­ing di­rect ac­cess to a re­la­tion­ship man­ager, mu­daraba in­vest­ment op­tions, and a host of value-added bene- fits.

The wealth man­age­ment host of ser­vices will as­sist cus­tomers ev­ery step of the way, cre­at­ing a true one-on-one re­la­tion­ship with pri­or­ity ser­vice at ev­ery point and ad­vice on fi­nan­cial op­por­tu­ni­ties as soon as they arise.

A range of cus­tomised prod­ucts will also be made avail­able ex­clu­sively to cus­tomers, in­clud­ing wealth man­age­ment sav­ings and cur­rent ac­counts, wakala in­vest­ment ad­vi­sory for grow­ing wealth through high value in­vest­ments, and VIP lounge ac- cess at ma­jor air­ports.

Arif al Zaabi, act­ing head of re­tail at Bank Nizwa, said, “The sul­tanate’s wealth man­age­ment sec­tor is en­ter­ing a pe­riod of rapid de­vel­op­ment, as peo­ple in­creas­ingly seek bet­ter in­vest­ment so­lu­tions and more per­son­alised bank­ing ser­vices. To meet that de­mand, we have cre­ated an en­tire range of di­ver­si­fied wealth man­age­ment so­lu­tions that are true to the val­ues of Is­lamic fi­nance and in­vest­ment phi­los­o­phy.”

He added, “Through Bank Nizwa’s wealth man­age­ment, cus­tomers can en­joy best-in­class ser­vices, with a MasterCard plat­inum credit and debit card ready to open a world of op­por­tu­nity and ben­e­fits. They will also en­joy spe­cial priv­i­leges on lead­ing brands, dis­counted rates and ded­i­cated re­la­tion­ship man­agers who will serve as wealth ad­vi­sors, in ad­di­tion to de­liv­er­ing the high­est lev­els of per­sonal ser­vice.”

The clients can ac­cess the re­la­tion­ship man­agers through all Bank Nizwa branches and wealth man­age­ment cen­tre at the bank’s head of­fice.

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