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Al Riadah Priority from Dhofar Islamic: Innovative services and exclusive offers

The Al Riadah account provides customers with priority service for their daily banking transactions through a dedicated team of experienced relationship managers across the bank’s 25 branches in Oman.

TAS News Service

info@thearabianstories.com

Wednesday, February 26, 2025

MUSCAT : Dhofar Islamic, the Islamic banking window of BankDhofar, offers distinguished Sharia-compliant banking solutions, delivering personalized services and exclusive benefits to enhance the customer experience.

The Al Riadah account provides customers with priority service for their daily banking transactions through a dedicated team of experienced relationship managers across the bank’s 25 branches in Oman.

A wide range of innovative products, services, and exclusive offers has been introduced to simplify banking. The Visa Signature debit card provides exceptional travel, dining, and shopping benefits, including complimentary access to over 1,000 international airport lounges, free multi-trip travel insurance, and a 24/7 concierge service for booking flights, restaurants, and more. The World MasterCard credit card features an attractive rewards program, enabling customers to earn points on every transaction and redeem them for cash.

Al Riadah customers enjoy a variety of flexible financing solutions at competitive rates. Options include personal, vehicle, and educational financing with repayment periods of up to 10 years. Housing financing is available for up to 25 years, while travel financing, including coverage for Hajj and Umrah expenses, comes with flexible repayment terms of up to 3 years.

Opening deposit accounts is quick and straightforward, with competitive profit rates calculated daily and paid monthly.

In February, Dhofar Islamic celebrated its 10th anniversary with a rebrand from its previous name, Maisarah. The new logo, depicting a galaxy of stars, symbolizes the bank’s growth into a dynamic, service-focused institution, with each star representing core values like Sharia compliance, innovation, and customer satisfaction.

Dhofar Islamic has established a strong market presence in Oman’s expanding Islamic banking sector. As of 2024, the bank’s total income rose to OMR 23.29 million, while total assets grew by 10.24% to reach OMR 899.76 million. The continued growth in assets, along with an expanding financing portfolio and increasing customer deposits, reflects the bank’s commitment to delivering modern, tailored financial solutions.

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