Alizz Islamic Bank Abraj Energy sign agreement
Alizz Islamic Bank recently signed an agreement with Abraj Energy Services to provide shari’a compliant financing facilities. The agreement was signed by Ali al Mani, CEO of Alizz Islamic Bank, and Eng Saif al Hamhami, CEO of Abraj Energy, in the presence of a number of senior officials from both organisations.
Mani said, “We are delighted to partner with Abraj Energy Services and offer its clients innovative and personalised solutions. Backing the various sectors in the sultanate is an important part of our strategy and we are proud to contribute towards the growth of the country’s economy.”
Hamhami added, “At Abraj Energy Services we are pleased to announce the signing of a Sharia-compliant Islamic financing agreement with Alizz Islamic Bank. This agreement signifies a major milestone and underscores our commitment to leveraging innovative, Shariacompliant financial solutions to support our strategic expansion and growth plans and strengthen our position as a leader in the industry.
“We look forward to the continued success and growth that this partnership will bring."
Established in 2006, Abraj Energy Services has grown exponentially to become Oman’s leading drilling company with one of the youngest and most advanced drilling fleets in the GCC.
The company has successfully diversified its service offerings in innovative drilling and well services operations and integrated project management services.
Alizz Islamic Bank provides a comprehensive range of Shari’a compliant solutions to corporate, commercial and government institutions. The bank’s highly experienced team helps organ- isations achieve optimum efficiency, reliability, and above all, dynamic customer experience.