Latest News

Dhofar Islamic has been named Oman's Best Islamic Retail Bank at the MENA Banking Excellence Awards 2026 – Retail, Digital & SME Banking, in recognition of its leadership in customer-centric Islamic banking, digital innovation and product excellence.

Dhofar Islamic, the Islamic banking window of BankDhofar, has signed a financing agreement with ZL Group, an oilfield services company, to support the establishment of an Acrylamide and Polyacrylamide Production Plant at Sohar Port and Freezone. 

As the summer travel season gets underway, Dhofar Islamic is empowering customers to travel with greater convenience, flexibility, and peace of mind through its range of Sharia-compliant credit cards, designed to enhance every stage of the travel experience.

Dhofar Islamic is playing a pivotal role as one of the key collecting banks in the initial public offering (IPO) of Oman India Fertiliser Company (OMIFCO), Oman’s flagship ammonia-urea producer, as the Sultanate continues to deepen capital market participation and broaden investment opportunities for both institutional and retail investors.

Dhofar Islamic has announced the successful closing of its inaugural sukuk issuance under its newly established OMR250 million Sukuk Al Musharaka Programme, marking a significant milestone in the institution’s expansion into Oman’s growing Islamic capital market landscape.

Dhofar Islamic – the Islamic banking window of BankDhofar – has signed a financing agreement to support and develop the Sultanate of Oman’s first underground copper mining project, marking a significant step that strengthens the mining sector’s ambitions and supports the economic diversification agenda.

Dhofar Islamic, the Islamic banking window of BankDhofar, has announced the relocation of its Al Hambar branch to Al Ghail, adjacent to the car dealerships along the main road in the Wilayat of Sohar. 

BankDhofar has organized the “Coffee with Numo” event, a new initiative aimed at enhancing communication and building stronger relationships with the bank’s small and medium enterprise (SME) clients. 

Dhofar Islamic has launched a Basic Wage Protection System (WPS) Savings Account, a Sharia-compliant financial product designed to expand access to essential banking services for citizens and residents with limited income.

Dhofar Islamic, the Islamic banking window of BankDhofar, has announced the relocation of its Al Khuwair branch from Al Yasmine Complex to the Elite Offices Building on Al Khuwair Service Road, opposite Ministries’ Street.