Invest and build your wealth with Muzn's Shariah compliant investment program which includes Omani and international Sukuks, Shariah compliant equity and fixed income Islamic mutual funds. These products address your needs and requirements and help you achieve your financial goals.

 

Benefits:

  1. Attractive returns
  • Sharia compliant   
  • Diversification through exposure to international markets
  • Guidance provided by experts  

We also have Systematic Investment Plans (SIPs) for Shariah compliant mutual funds.

 

Eligibility:

Minimum investment of OMR 1,000 is required.

 

Fee Structure:

Muzn offers two pricing structures for clients investing in SIPs:

Pricing Type One-Time, LifetimePay-As-You-Go
Description 100% of the first installment is charged as a one-time, lifetime plan set-up fee 3% of the monthly investment is charged towards fees on each investment
Frequency Once Recurring
Benefits
  • Client pays the fee only once
  • Unlimited, Free Switch-Outs from the SIP into Standalone Mutual Fund's / Exchange Traded Funds

Please note that Switch-Outs to Fixed Income Securities are not permitted

  • Clients could suspend or cancel an existing plan without incurring 'sunk-fee' losses
  • Advantageous to clients planning to allocate large investment amounts across a shorter time frame


Terms & Conditions:

Terms and Conditions of the One-Time, Lifetime Fee Plan

  • The first payment is debited towards a One-Time, Lifetime Fee
  • A client may start multiple SIPs.
  • On each SIP, the first payment will be debited towards the One-Time Fee, Lifetime Fee.
  • The term 'Lifetime' applies at a plan-level and not at the account relationship level
  • The client is charged a One-Time, Lifetime fee for each SIP activated under this fee structure.
  • This fee is not refunded if the client suspends or cancels the SIP after it commences
  • The client may not reduce the monthly payment after the SIP commences
  • They may, however, upsize the monthly payment after the SIP commences.
  • This incremental amount is charged as a One-Time, Lifetime Fee towards this incremental SIP

Terms and Conditions of the Pay-As-You-Go Fee Plan

  • This is a recurring fee model and is effective as along as the monthly payments are made
  • The bank margin of 3% is included in the SIP amount.
  • A client may start multiple SIPs.
  • On each SIP amount, a bank margin of 3% will be debited towards the Pay-As-You-Go Fee.
  • The term 'Pay-As-You-Go' applies at a plan-level
  • The client is charged on a Pay-As-You-Go basis for each SIP chosen under this model.
  • The fees charged are not refunded if the client suspends or cancels the SIP after it commences
  • The client cannot reduce the monthly payment after the SIP commences
  • The client may, however, upsize the monthly payment after the SIP commences.
  • A bank margin of 3% is charged on this incremental amount towards the 'Pay-As-You-Go' fee structure.


Branches

Azaiba

South Azaiba Way No: 244 Al Sahwa Towers Building No: 2, Ground Floor, Phone: 24527198

Mabellah

Al-Janobiah Way no: 6901, Building no: 15 Phone: 24452387

Sur

Near Sanaya Roundabout Opposite Badr AlSamaa Poly Clinic Phone: 25540726

Sohar

Al Waqaibah Way No: 4803 Building No: 24 Block No: 2248 Phone: 26846692, 26846044, 26846118

Nizwa

Nizwa city Firq area Hay Alain Junction Near Aldiyar Hotel Phone: 25411241, 25411681

Salalah

Al Zaky Building Opposite Souk AlMarkazi Phone: 23291310


*Terms & Condtions apply.
Disclaimer: All Muzn Islamic Banking products and services are approved by the Muzn Shari’a Supervisory Board and are subject to Muzn Islamic Banking’s terms and conditions and submission of acceptable documentation.