Oman Arab Bank signs joint agreement with Alizz Islamic Bank & ORIS

By Shilpa Annie Joseph, Official Reporter
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OAB-AIB and ORIS Partnership
Officials during the signing ceremony.

Oman Arab Bank (OAB), Alizz Islamic Bank (AIB), and Oman Real Estate Investment Services (ORIS) have signed a joint agreement allowing customers to access a full range of financing solutions and competitive rates when purchasing property at new project LA VIE in Muscat Hills.

According to the statement, “Customers can now finance off-plan units via an OAB housing loan, with full details and terms available from OAB’s sales agents and branches.”

The LA VIE project covers an area of around 640,000 square meters and features a natural golf course spanning 600,000 square meters, complete with 18 holes and a private club managed by the world-renowned golf management company, ‘Troon.’

Sulaiman Al Harthi_OAB gains positive outlook
Sulaiman Al Harthi
CEO – Oman Arab Bank

“This joint agreement will give prospective buyers increased financial flexibility when purchasing property at the outstanding new LA VIE development in Muscat Hills. We pride ourselves on the wide suite of financial products we offer to our customers, giving them an excellent range of options when making their most important purchases. I would like to extend my thanks to my colleagues at Alizz Islamic Bank and our counterparts at Oman Real Estate Investment Services (ORIS) for all their hard work to make this agreement possible. I look forward to working with them on this project and, I hope, many more in the future.”

Commenting on the agreement, Eng. Nasser Al Shibli, Chief Real Estate Officer of ORIS, said that, “We are delighted to collaborate with Oman Arab Bank and Alizz Islamic Bank to offer customers a comprehensive range of financing options and competitive rates when purchasing properties at LA VIE. Located in the heart of Muscat, this exceptional development offers a unique lifestyle experience and a range of amenities to its residents.”

“Through this joint agreement, we aim to provide buyers with the necessary financial flexibility and convenience to purchase their dream home at LA VIE. We are confident that this partnership will contribute to the success of the project, and we look forward to exploring further opportunities for collaboration with both banks in the future,” Eng. Al Shibli added.

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