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Sohar Islamic Expands with New Service Center in Oman's Oil Hub
๐Ÿ‡ด๐Ÿ‡ฒ Oman /Economy & Trade

Sohar Islamic Expands with New Service Center in Oman's Oil Hub

From Times of Oman · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • Sohar Islamic has opened a new service center in Marmul, Oman, expanding its Sharia-compliant banking services.
  • This expansion increases the bank's network to 22 branches and three service centers, making it the only Islamic bank serving Marmul.
  • The new center aims to provide convenient access to Islamic financial solutions for residents and professionals in Oman's oil production hub.

Sohar Islamic has expanded its reach in Oman with the opening of a new service center in Marmul. This move strengthens the bank's commitment to providing Sharia-compliant banking services across the Sultanate. The Marmul center is the bank's third service center and 22nd branch overall, marking a significant step as it becomes the sole Islamic bank operating in the Marmul region. The expansion is strategically located in an area central to Oman's oil production, catering to energy sector professionals and supporting businesses. Sohar Islamic aims to enhance access to its financial solutions, recognizing the growing importance of trusted, values-driven services for regional development. The new center offers a full suite of banking services, including retail products, financing, and advisory support, designed for a streamlined customer experience. This initiative follows recent network additions in other Omani locations, reflecting the bank's focus on community needs and building meaningful banking relationships through local understanding.

As Oman continues to advance balanced regional development, access to trusted and values-driven financial services becomes increasingly important for individuals, businesses, and the wider economy.

โ€” Sohar InternationalThe bank highlighted the importance of accessible financial services for Oman's development.
DistantNews Editorial

Originally published by Times of Oman in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.