Brief Overview of Organization and its Sustainability Strategy 

As Oman’s first and foremost Islamic Bank, Bank Nizwa has pioneered the conceptualisation, adoption, and promotion of sustainable social
practices. The Bank assists the national effort to achieve Net Zero emissions and a sustainable future by implementing transparent and credible sustainability strategies. Bank Nizwa has paved the way forward with its sustainable finance solutions, placing a strong emphasis on aiding customers in integrating environmental, social and governance (ESG) criteria into their businesses, funding initiatives that support the UN Sustainable Development Goals (SDGs) and encouraging customers to invest in practises that reduce energy emissions. The Bank has been instrumental in assisting the Sultanate in realising its goal of ranking among the top 20 nations in the global Environmental Performance Index.

Khalid Al Kayed, President and Chief Executive Officer

“As Shari’ah-compliant finance reflects the Shari’ah principles of promoting, preserving and protecting the human race as well as
sustainable development frameworks, it is viewed as more ethical than traditional banking. As a company, Bank Nizwa strives to provide
fair, transparent and socially responsible banking services. We have formalised our commitment to the environment by recognising the
need for sustainability and laying a roadmap for future growth. Considering economic, social and environmental objectives, the
approach promotes sustainable development in the Islamic banking sector. In the next phase of our journey, we will focus on introducing
sustainable products and services that have a long-term, positive impact. We have committed to strategically aligning our business with
the Oman Vision 2040, the UN Sustainable Development Goals and the Paris Climate Agreement.”