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Listed company · Oman

Bank Nizwa SAOG

بنك نزوى
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Industry
Banking
Headquarters
Muscat, Oman
Ticker
MSX: BKNZ
Record status: Verified Last verified: 5 Sep 2026 Last updated: 5 Sep 2026 Sources: 5

About

Bank Nizwa is an Omani Islamic bank listed on the Muscat Stock Exchange. In July 2026 it made a non-binding proposal to acquire Alizz Islamic Bank from Oman Arab Bank at an indicative valuation of 1.2 times book value and merge it into Bank Nizwa, with Ominvest to take a strategic stake of up to 20 percent through new shares. Tariq Atiq was appointed Chief Executive Officer in May 2026 after serving as Acting CEO.

Leadership

Sheikh Khalid Abdullah Ali Al Khalili
Chairman
Sheikh Majid Ali Majid Al Mamari
Vice Chairman
Tariq Atiq
Chief Executive Officer
2026 – Present
Salim Rashid Al Maharbi
Deputy General Manager, Chief Financial Officer

Board of directors

Sheikh Khalid Abdullah Ali Al Khalili
Chairman
Sheikh Majid Ali Majid Al Mamari
Vice Chairman

Executive moves

Sources

  1. 1. Board Members Bank Nizwa · accessed 5 Sep 2026
  2. 2. Management Team Bank Nizwa · accessed 5 Sep 2026
  3. 3. Bank Nizwa proposes Alizz merger, Ominvest to take strategic stake Oman Observer · accessed 5 Sep 2026
  4. 4. Tariq Atiq Appointed as CEO of Bank Nizwa OERLive · accessed 5 Sep 2026
  5. 5. Arabic name: Bank Nizwa (Arabic site) Bank Nizwa · accessed 5 Sep 2026