In a remarkable testament to its commitment to innovation and excellence, Sohar Islamic has been awarded the title of Most Innovative Islamic Bank in Oman at the prestigious Islamic Finance News (IFN) Awards 2025 in Dubai.
As the Islamic banking arm of Sohar International, this recognition highlights the bank’s forward-thinking approach to delivering Shariah-compliant financial solutions that combine ethical integrity with modern digital convenience.
Representing Sohar Islamic at the awards ceremony were Mr Fahad Akbar Al Zadjali, Head of Islamic Banking, and Dr Al Muatasim Al Mutairi, Vice President and Head of Investment Islamic Banking.
“Innovation is integral to the evolution of Shariah-compliant banking,” said Fahad Akbar. “At Sohar Islamic, we integrate cutting-edge financial technologies with Islamic values to meet the dynamic needs of our customers,” added Fahad Akbar.
Sohar Islamic has made significant strides in digital transformation, leveraging AI-powered financial tools and seamless digital platforms. Its unique Islamic financial offerings, including structured investments and adaptable digital banking services, continue to set new benchmarks in the industry.
The bank’s efforts also extend to promoting financial inclusion and supporting national economic growth through Shariah-compliant financing.
In addition to this achievement, Sohar Islamic and its parent company were recently honoured with the IPO Deal of the Year 2024 for their pivotal role as Sharia Advisor in the largest equity capital deal in Oman and the Middle East.
As the Islamic finance landscape evolves, Sohar Islamic remains at the forefront – delivering solutions that not only align with Islamic principles but also meet the aspirations of today’s consumers, proving that ethical banking and innovation can go hand in hand.
