Alizz islamic bank launches Tharwa Wealth Management

Muscat - 

Alizz islamic bank recently celebrated the launch of the Tharwa Wealth Management Segment as one of the most important pillars of the bank. 

The ceremony was held at Grand Hyatt Muscat Hotel, under the patronage of H E Yahya bin Said al Jabri, chairman of the Special Economic Zone Authority in Duqm, in the presence of H H Sayyid Taimur bin As’ad al Said, chairman of the Board of Directors of alizz islamic bank, Salaam bin Said al Shaksy, CEO of the bank, Moosa al Jadidi COO of the bank, members of the bank's senior management and various distinguished dignitaries.

Tharwa offers an array of impressive services led by a team of seasoned relationship managers who will be available at all branches and assigned to meet any customer at a location convenient to the customer. The team ensures that customer requirements are always met and provide special advisory about products and services most suitable to customers’ needs. Moreover, customers can enjoy round-the-clock access to online and mobile banking services as well as the Customer Service Centre.

Tharwa customers benefit from a selection of exclusive privileges that suit their lifestyles, including access to special discounts on travel, accommodation, restaurants, entertainment and various VIP services.

Furthermore, Tharwa customers can enjoy the privacy and comfort of the various exclusive Tharwa lounges across the sultanate, which are designed to ensure privacy in conducting their banking transactions, as well as the MasterCard World Credit Card, which offers customers many advantages including complete flexibility to explore international destinations and access to several hospitality services in more than 400 cities around the world. The cardholder is also entitled to free night stay and an immediate upgrade at all Starwood Hotels & Resorts, and an insurance cover for travel, accident and medical services of up to US$2,000,000.

Tharwa customers also have the flexibility to manage their money through the ‘Izdihar’ sweep savings account, which adheres to the Islamic principle of ‘unrestricted Mudarabah’. Amongst the many advantages of the Izdihar savings account are the attractive expected profit rates, immediate access to funds and the account being linked to a current account that offers flexible withdrawals through a cheque book, while the customer earns generated profit on a monthly basis.

Jadidi said, “This segment has been designed to provide world-class banking services to high net worth individuals in the country. The launch of Tharwa also marks alizz islamic bank’s launch of the MasterCard World card for these exclusive customers. Alizz is proud to provide premium services catering to the needs of our customers. We adopt a comprehensive approach centred around customers and have assigned a dedicated team of experts to provide world class services.

“We are committed to providing customers with unparalleled banking services to guarantee the quality of service and peace of mind through a wide range of Sharia’a-compliant products and services. All our banking solutions are designed to guarantee that our customers have the flexibility to complete their banking transactions with ease.”

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