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Private company · Oman

Alizz Islamic Bank

بنك العز الإسلامي
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Industry
Banking
Headquarters
Muscat, Oman
Website
alyusr.om
Record status: Verified Last verified: 5 Sep 2026 Last updated: 5 Sep 2026 Sources: 4

About

Alizz Islamic Bank is the Islamic banking arm of Oman Arab Bank, which merged with it in a transaction that led to Oman Arab Bank's listing on the Muscat Stock Exchange. In July 2026 Bank Nizwa made a non-binding proposal to acquire Alizz Islamic Bank at an indicative valuation of 1.2 times book value and merge it into Bank Nizwa. Its CEO, Ali bin Saif Al Mani, was named CEO of Oman Arab Bank effective 1 January 2027.

Leadership

Ali bin Saif Al Mani
Chief Executive Officer

Sources

  1. 1. Bank Nizwa proposes Alizz merger, Ominvest to take strategic stake Oman Observer · accessed 5 Sep 2026
  2. 2. Oman Arab Bank CEO Sulaiman Al Harthi Retires as Ali Al Mani Is Named Successor OERLive · accessed 5 Sep 2026
  3. 3. Board of Directors Oman Arab Bank · accessed 5 Sep 2026
  4. 4. Arabic name: Alizz Islamic Bank (official X account) Alizz Islamic Bank · accessed 5 Sep 2026