Ahli Bank

What Ahli Bank does

Ahli Bank SAOG (trading as ahlibank) is an Omani public joint-stock commercial bank headquartered in Mina al Fahal, Muscat, listed on the Muscat Stock Exchange under the ticker ABOB. The bank operates a full-service retail and corporate banking franchise spanning conventional banking and a Sharia-compliant Islamic window (Ahli Islamic, launched 28 January 2013) across all major Omani governorates. The customer base is segmented across mass retail (savings, current, fixed deposits, home/personal/auto loans, debit and credit cards), youth (MyChoice, ages 18-25), retirees (Istqrar), privileged/wealth (Al Nukhba and Exclusiv tiers), SMEs (overdrafts, factoring, vendor bill discounting, Tamkeen program), mid-market corporates (working capital, trade finance, project finance), large corporates (term loans, syndicated loans, structured finance) and government/semi-government entities (multi-currency accounts, fixed deposits, B2B and RDC services).

The bank's product and technology stack covers approximately 30 retail/wealth account variants, a five-tier credit-card portfolio (Gold, MyChoice, Imtiyaz Platinum, Al Nukhba Signature, Exclusiv Infinite) and a five-tier debit-card portfolio, the Pearl Points loyalty program, Easy Payment Plan installments, and a bancassurance distribution arrangement with Dhofar Insurance covering motor, travel, home, personal accident, individual term and group credit life coverage. Digital channels include the 2025 redesigned ahlibank mobile app, retail and corporate internet banking, three corporate eBanking platforms (ahliNET, ahliB2B, ahliRDC), ahliExpress self-service kiosks, an ahliConnect 24/7 call center, and tokenized wallet integrations with Apple Pay, Samsung Pay, Google Pay and Garmin Pay over a Visa backbone with Verified by Visa 3D-Secure.

Ahli Bank earns from net interest income on its loan book (home, personal, auto, corporate, SME and trade finance), fee and commission income across cards and transactions, Islamic banking profit/rental income from Ahli Islamic, treasury and investment income (FX spot/forward/swaps, money market, interest rate derivatives, government bonds), corporate finance/brokerage fees, and bancassurance referral commissions from Dhofar Insurance. Distribution is omnichannel: 50+ branches and a wide ATM/FFM network across Oman supported by relationship managers, digital self-service and merchant acquiring (ahliPOS terminals, payment gateway). The bank reported 2025 net profit of OMR 46.3 million, ranked 6th among MSX-listed Omani banks, and grew loans 11% YoY and deposits 8.9% YoY. The bank has demonstrated an active GCC capital-markets posture, listing QR500 million in 3-year corporate bonds at 4.45% on the Qatar Stock Exchange and approving a 25% cash dividend for 2025.

Name

Ahli Bank

Legal name

Ahli Bank SAOG

Website

https://ahlibank.om

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Ahli Bank SAOG is an Omani public-listed commercial bank offering retail, corporate, SME, government and Islamic (Ahli Islamic) banking services across Oman through branches, ATMs and a digital mobile/internet banking platform.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (52211), Commercial Banking (522110)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Islamic SME & Commercial Banking (FSABAGAB)

akta.pro secondary industries

Islamic Retail Banking (FSABAGAA), Islamic Corporate Banking (FSABAGAC), Islamic Private Banking & Wealth (FSABAGAD), Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam) (FSABAGAH)

Keywords

• Retail banking services
• Corporate banking
• Islamic banking
• Trade finance services
• Treasury solutions

Headquarters

HQ city

Matrah

HQ country

Oman

HQ region

Middle East

Offices32 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Interest Income: Primary revenue from interest earned on loans, advances, and credit facilities including home loans, personal loans, auto loans, and corporate lending
2. Fee and Commission Income: Transaction fees, account maintenance charges, card fees, trade finance fees, and service charges across retail and corporate banking
3. Islamic Banking (Ahli Islamic Window): Sharia-compliant banking products and services offered through Ahli Islamic window, including Islamic accounts, financing, and cards
4. Treasury and Investment Services: Foreign exchange services, money market solutions, interest rate derivatives, and government bond investments
5. Corporate Finance and Brokerage: Investment banking services including corporate finance advisory, asset management, and brokerage services
6. Bancassurance Revenue: Commission income from insurance products including motor, travel, home, personal accident, and life insurance distributed through bank channels

Pricing tiers

Go-to-market motion1 record

Distribution channels8 records

Marketing channels7 records

Core offering

Ahli Bank (ahlibank) is a publicly listed Omani commercial bank providing retail banking, corporate banking, SME banking, government banking, treasury, trade finance, privileged/wealth banking, and investment banking services. It also operates Ahli Islamic as its Sharia-compliant banking window. Distribution is delivered through an extensive domestic branch and ATM network complemented by mobile and internet banking, corporate eBanking platforms, call center, and self-service kiosks.

Product overview

Ahli Bank (ahlibank) is an Omani commercial bank established in 2007 offering a comprehensive suite of banking products and services through a multi-channel distribution network. The bank operates a unified platform structure with distinct divisions: Personal Banking (accounts, loans, cards, and insurance), Business Banking (corporate banking, SME services, government banking, treasury, and trade finance), Privileged Banking (premium accounts and wealth management), and Investment Banking (advisory, asset management, and brokerage). The bank also operates Ahli Islamic as its Islamic banking window launched in 2013. Digital banking is delivered through mobile app, internet banking, corporate eBanking platforms (ahliNET, ahliB2B, ahliRDC), the ahliConnect call center, and ahliExpress kiosks. The card portfolio includes debit cards (Platinum, Imtiyaz, MyChoice Youth, Al Nukhba, Exclusiv) and credit cards (Gold, Imtiyaz Platinum, MyChoice, Al Nukhba Signature, Exclusiv Infinite) with mobile payment integrations (Samsung Pay, Apple Pay, Garmin Pay, Google Pay) and the Pearl Points loyalty program.

Differentiator

Problem solved

Functional benefit

Brands

• Pearl Points: Loyalty rewards program offering points on credit card and debit card transactions, deposits, and internet/mobile banking activities. Points can be redeemed for cash back, flight bookings, hotel stays, and shopping vouchers.

Quantifiable outcome

• 4.6% profit growth in 2025 with net profit reaching QR932 million
• +3 more outcomes

Named customers7 records

Segments9 records

Ideal customer profiles10 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration17 records

Feature6 records

Partnerships

21 partnerships are on record, tiered core and minor.

• Ahli Islamic (Islamic Window)coreStrategic or Co-development Partner · 28 January 2013Ahli Islamic operates as the Islamic banking window of ahlibank, offering Sharia-compliant banking products and services. Launched on January 28, 2013, with vision to be a leading provider of Islamic banking and finance services in Oman. Provides Islamic savings accounts, financing, and cards through dedicated branches.
• Dhofar Insurance CompanycoreChannel Partner/ Reseller/ DistributorDhofar Insurance Company is the insurance partner providing bancassurance products distributed through ahlibank branches including motor insurance, travel insurance, home insurance, personal accident insurance, individual term plan, and group credit life coverage. Claims handled at 40+ DIC branches across Oman.
• TRANSOMminorGTM or Marketing PartnerTRANSOM provides complimentary airport facilitation service for ahlibank customers, supporting the bank's commitment to evolving customer lifestyle expectations and enhancing banking experience.
• ApplecoreTechnology or IntegrationApple Pay integration allows ahlibank customers to make secure, contactless payments using iPhone, Apple Watch, iPad, and Mac through the ahlibank mobile app or Apple Wallet.
• SamsungcoreTechnology or IntegrationSamsung Pay integration through Samsung Wallet enables ahlibank customers to add credit cards and make secure payments with Samsung devices at POS terminals.
• GooglecoreTechnology or IntegrationGoogle Pay integration via Google Wallet allows ahlibank customers to add cards and make fast, secure payments using Android devices through ahlibank mobile app or Google Wallet.
• GarmincoreTechnology or IntegrationGarmin Pay integration enables ahlibank debit and credit card holders to make fast, secure, contactless payments using Garmin smartwatches at POS terminals.
• VisacoreTechnology or IntegrationVisa card network partnership providing credit and debit cards with global acceptance, 3D Secure Verified by Visa protection, airport lounge access through Visa Airport Companion app, and premium concierge services.
• LoungeKeyminorGTM or Marketing PartnerAirport lounge access program for premium cardholders including Al Nukhba and Exclusiv debit/credit cards through the LoungeKey/Dine & Fly mobile application.
• Dragon Pass (Dine & Fly)minorGTM or Marketing PartnerAirport dining discount program for Exclusiv debit card holders providing access to dining offers at airports through Dragon Pass Dine & Fly application.
• AgodaminorGTM or Marketing PartnerHotel booking discounts for Exclusiv debit card holders through Agoda platform at visamena rates.
• JumeirahminorGTM or Marketing PartnerSpecial offers and discounts at Jumeirah hotels and resorts for Exclusiv debit card holders.
• Vox CinemaminorGTM or Marketing Partner50% discount on cinema tickets for ahlibank credit card and MyChoice debit card holders, with 25% off food and beverage on minimum purchase OMR 6.
• CinepolisminorGTM or Marketing Partner50% discount on cinema tickets for ahlibank credit card holders booked through Cinepolis app, website, or counter (max 8 tickets for credit cards).
• Barcelo Musannah ResortminorGTM or Marketing Partner20% discount on best available room rates and food & beverage at Barcelo Musannah Resort for ahlibank credit card holders (valid until Sept 30, 2026).
• Hotel Indigo Jabal Akhdar Resort & SpaminorGTM or Marketing Partner20% discount on room rates and food & beverages for ahlibank credit card holders (valid until Sept 1, 2026).
• Radisson Blu SoharminorGTM or Marketing Partner20% discount on bookings across room categories, 15% at restaurants, 10% on pool/waterslides access for ahlibank credit card holders (valid until Dec 31, 2026).
• dusitD2 Naseem Resort Jabal AkhdarminorGTM or Marketing Partner20% off room rates, 15% F&B discount, 24hr check-in for premium customers, unlimited adventure park access for Al Nukhba and Exclusiv Infinite card holders (valid until Sept 1, 2026).
• Dentology Dental ClinicminorGTM or Marketing Partner50% discount on cleaning and polishing, 10% on other services (excluding crowns, veneers, dentures) for ahlibank cardholders (valid until July 31, 2026).
• Skinova Aesthetic ClinicminorGTM or Marketing Partner35% off laser treatment, 25% facials, 20% doctor cosmetics procedures for ahlibank cardholders (valid until Aug 1, 2026).
• TamkeenminorGTM or Marketing PartnerOmani SME support program providing financing support and development assistance for small and medium enterprises banking with ahlibank.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Oman Arab Bank: Omani subsidiary of Arab Bank with retail, corporate, treasury and trade finance products directly competing with Ahli Bank in the same domestic segments.
• Sohar International Bank (formerly Bank Sohar): Omani commercial bank with similar full-service retail, corporate, treasury and Islamic (Sohar Islamic) capabilities; directly comparable scale and product breadth to Ahli Bank.
• Bank Muscat: Largest Omani bank and dominant listed MSX peer; competes directly with Ahli Bank across retail, corporate, SME, Islamic (Meethaq), treasury and investment banking in the same domestic market.
• National Bank of Oman: Top-tier Omani commercial bank competing with Ahli Bank across retail, corporate, treasury and trade finance; offers similar conventional product suite under Bank Nizwa-adjacent positioning.
• Bank Dhofar: MSX-listed Omani bank with comparable retail, corporate, Islamic (Dhofar Islamic) and treasury offerings; competes with Ahli Bank for SME, government and corporate mandates in the same geography.

Emerging players

• Alizz Islamic Bank: Pure-play Omani Islamic bank; partial overlap with Ahli Bank's Ahli Islamic window — competes for Sharia-compliant retail, corporate and SME business within the same customer base.
• Bank Nizwa: Oman's first full-fledged Islamic bank; competes with Ahli Bank's Islamic window across Islamic retail, corporate and treasury products within Oman.

Broad incumbents

• HSBC Oman: Global banking group operating in Oman with premium retail, wealth and corporate services; broader international footprint but overlaps with Ahli Bank's privileged, private and corporate banking segments.

Regional players

• Mashreq Bank: UAE-headquartered bank with growing GCC retail and corporate franchise; comparable product breadth to Ahli Bank's treasury, trade finance and corporate banking lines though primarily UAE-based.

Others

• Dhofar Insurance Company: Omani insurance partner distributing motor, travel, home, life and group credit insurance through Ahli Bank's bancassurance channel; ecosystem partner rather than competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/ahlibank
• Facebookfacebook.com/ahlibank.om

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ahli Bank