Meethaq Islamic Banking opens new branch in Wilayat of Rustaq

Meethaq Islamic Banking from Bank Muscat inaugurated its newest branch in the Wilayat of Rustaq in the Governorate of South Batinah. The opening ceremony was held under the patronage of Sheikh Dr Yahya bin Suleiman al Nadabi, Wali of Rustaq and was attended by esteemed guests, customers and officials from Meethaq Islamic Banking.

During the ceremony, Dr Yahya was introduced to Meethaq’s comprehensive suite of Islamic Banking services and facilities. It also highlighted Meethaq’s strategic vision to maintain its leadership position within the sector and outlines forthcoming steps in expanding its branch network to new locations. With this new addition, Meethaq’s strengthens its remarkable network to 28 branches across different governorates, reinforcing its preeminent standing in offering Islamic Banking services and establishing itself as the largest Islamic window with branches in Oman.

On this occasion, Sami Bait Rashid, assistant general manager - Meethaq Personal Banking, said, “The opening of Meethaq’s latest branch in the Wilayat of Al Rustaq reflects our commitment as a foremost Islamic financial services provider in the sultanate. Meethaq continually enhances and diversifies its services and facilities to deliver good-quality services through our branches, meeting the evolving needs and aspirations of our customers.

“This new branch extends our reach, ensuring accessibility for our valued customers in Rustaq and neighbouring areas. They can benefit extensively from all our banking services and products available through this branch, including opening accounts, provision of cards and financing facilities. Meethaq remains steadfast in its strategy to expand its network and offer the best Islamic banking services in the sultanate.”

The new branch offers various Shari’a-compliant services and facilities for individuals, catering conveniently to customers in the Wilayat of Rustaq.

Meethaq Islamic Banking has witnessed remarkable growth since its inception, boasting the largest Islamic branch network in Oman with 28 branches, a dedicated network of over 50 ATMS/CDMS, and free access to more than 850 ATMS and CDMS of Bank Muscat across the country.

Every Meethaq product undergoes Shari’a compliance certification by the Shari’a Supervisory Board and is adhered to the guidelines of the Central Bank of Oman. Meethaq’s alignment with AAOIFI standards (Accounting & Auditing Organisation for Islamic Financial Institutions) further distinguishes Meethaq Islamic banking products, ensuring a world-class Islamic banking experience. Meethaq remains dedicated to its customer-centric vision, understanding evolving needs and aligning services with global trends to achieve both present and future goals.

The opening of Meethaq’s latest branch in the Wilayat of Rustaq reflects our commitment as a foremost Islamic financial services provider in the sultanate SAMI BAIT RASHID