Companies
Bank Nizwa
Oman · Islamic banking · Listed · Muscat Stock Exchange: BKNZ
Bank Nizwa is an Omani bank listed on the Muscat Stock Exchange that operates under Islamic sharia principles. The Oman Observer reported on 16 July 2026 that the bank had proposed, in a non-binding disclosure, to acquire Alizz Islamic Bank's full share capital from Oman Arab Bank at an indicative 1.2 times book value and merge it into its operations, with Ominvest able to hold up to 20% of Bank Nizwa through new shares. MarketScreener, carrying an S&P Capital IQ report, says the board appointed Tariq Atiq chief executive from 12 May 2026 after Central Bank of Oman approval.
Audited financial statements: INXEN has not verified a published source for this entity as of 24 October 2026.
Key facts
No verified figure held yet.
Ownership and relationships
Key people
- Tariq Atiq · Chief Executive Officer, Bank Nizwa