Inactive Instrument

Alizz Islamic Bank SAOG

BKIZ

OM0000004511

Alizz islamic bank Halts Merger Talks With United Finance Company

July 10, 2017 at 12:00 am EDT

In a statement to the Muscat Securities Market, alizz islamic bank SAOG (MSM:BKIZ) said that ‘based on the recent decision of United Finance Company SAOG (MSM:UFCI) dated June 20, 2017 to decline Alizz Islamic Bank offer for exploring a possible merger of the two institutions through a combination of a share swap and cash', its Board of Directors has terminated the merger talks.

Latest news about Alizz Islamic Bank SAOG

Alizz Islamic Bank SAOC Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 28	CI
Alizz Islamic Bank SAOC Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 27	CI
Alizz Islamic Bank SAOC Appoints Ali Al Mani as Chief Executive Officer	23-08-30	CI
Alizz Islamic Bank SAOC Reports Earnings Results for the First Quarter Ended March 31, 2023	23-06-14	CI
Alizz Islamic Bank SAOC Reports Earnings Results for the Full Year Ended December 31, 2022	23-05-31	CI
Alizz Islamic Bank SAOC Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-12-11	CI
Alizz Islamic Bank SAOC Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-12-11	CI
Alizz Islamic Bank Appoints Ali Saif Al-Mani as General Manager	22-11-01	CI
Alizz Islamic Bank SAOC Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-09-05	CI
Alizz Islamic Bank SAOC Reports Earnings Results for the Full Year Ended December 31, 2021	22-05-12	CI
Alizz Islamic Bank SAOG Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	22-03-16	CI
Alizz Islamic Bank SAOG Appoints Ibrahim Al Sawafi as Member of the Supervisory Board	21-12-14	CI
Alizz Islamic Bank SAOG Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2021	21-11-17	CI
Alizz Islamic Bank Launches Fintech Solution for Instant Goods Financing	21-05-30	CI
Alizz Islamic Bank Appoints New Shari'a Supervisory Board	21-05-20	CI
Alizz Islamic Bank and Takween Sign Agreement for Home Financing Solutions	21-05-15	CI
Alizz Islamic Bank Announces Board Appointments	21-01-19	CI
Alizz Islamic Bank SAOG announced that it has received OMR 7.5 million in funding from Oman Arab Bank SAOG	20-12-21	CI
Alizz Islamic Bank Announces Appointment of Suleiman Hamad Al Harthy as CEO, with Effect from August 16, 2020	20-08-12	CI
Oman Arab Bank SAOC completed the acquisition of Alizz Islamic Bank SAOG.	20-06-27	CI
Oman Arab Bank and Alizz Islamic Bank to Seek Merge	20-06-17	CI
Alizz Islamic Bank Saog Reports Earnings Results for the First Quarter Ended March 31, 2020	20-05-27	CI
AlIzz Islamic Bank Receives Offer from Oman Arab Bank for Potential merger	19-12-31	CI
Alizz Islamic Bank SAOG(MSM:BKIZ) dropped from MSM 30 Index	19-09-18	CI
Alizz Islamic Bank SAOG(MSM:BKIZ) added to MSM 30 Index	19-09-17	CI

Chart Alizz Islamic Bank SAOG

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Company Profile

Al Izz Islamic Bank SAOG is an Oman-based bank, which is engaged in the provision of sharia compliant banking services. The Bank is organized into three operating segments: Retail banking includes customersâ deposits, investment account consumer financing, credit card and general banking services; Corporate banking includes deposits and financing for corporate and institutional customers along with provision of trade finance services, as well as Treasury includes placements with financial institutions and managing proprietary investment portfolio of the Bank. It provides retail and corporate finance through branches, online and mobile devices. In addition, the Bank launched Tharwa segment, which provides world class priority banking services to high net worth customers.

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