Oman’s ahli islamic, ahlibank’s Islamic banking window, has introduced the first of its kind Islamic Money Market Fund in the Sultanate.
The financial institution said that its customers now have the opportunity to invest and gain exposure to attractive local and regional profit rates. ahli islamic stands as the pioneer amidst the Sharia-compliant investment scene in Oman, leveraging an innovative and highly liquid option to its growing customer base.
With its many features and robust framework, the Islamic Money Market Fund stands as a testament to ahli Islamic upholding the values of integrity and transparency in Islamic banking in the Sultanate of Oman.
With its lucrative returns on investments, the new Islamic Money Market Fund is a smart choice for those seeking Sharia-compliant investments. ahli islamic ensures customers that the investments align with islamic principles of ethical and responsible financial growth.
On the launch of the Islamic Money Market Fund, Yousuf Al Rawahi, DGM – Head of ahli Islamic, stated that, “This is a milestone in ahli islamic’s journey, one worthy of note as the first in the country. Not only have we provided innovative, Sharia-compliant solutions, but we also established a lucrative avenue for investors, thus contributing to the economic development of Oman. We believe the Islamic Money Market Fund will be a catalyst for positive change and holistic growth, paving the landscape for investors to grow their wealth ethically and responsibly.”
Further, the customers can subscribe and withdraw daily, giving them the freedom to manage finances on their own terms, and offering them flexible liquidity.
According to the statement, “Investments in the fund are low risk, a feature that safeguards customers’ financial future and well-being. With this innovative investment option, ahli Islamic reaffirms its commitment to serving its customers with utmost integrity and excellence.”
