# Meethaq Islamic Banking

> Source: https://docs.barcoder.ai/docs/wallets/meethaq
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Meethaq — official](https://meethaq.bankmuscat.com/)

## Key details

- **Launch:** 2013

## Overview

**Meethaq Islamic Banking** is **Bank Muscat MSX: BKMB Islamic banking window** + **Bank Muscat Omani parent SAOG ~100%+ controlling** + **Oman's largest Islamic commercial banking window by assets within Bank Muscat parent** + **founded 2013 as Bank Muscat's Islamic banking window arm in Muscat Oman** <sup>[1][1], [Oman report](https://docs.barcoder.ai/docs/payments/OM)</sup>.

## History

**2013 — Meethaq Islamic Banking founded as Bank Muscat's Islamic banking window arm in Muscat Oman under Sultanate of Oman 2012 Islamic Banking Regulatory Framework allowing Islamic banking windows within conventional commercial banks** distinctive Omani Islamic banking heritage.

## Ownership & operator

**Operating entity**: **Meethaq Islamic Banking** (Bank Muscat Islamic banking window).

**Major shareholders**: **Bank Muscat (MSX: BKMB; Omani commercial bank) ~100%+ controlling**.

**Regulators**: **Central Bank of Oman CBO**.

## Technical integration

Meethaq mobile app (iOS + Android) + meethaq.bankmuscat.com online + Meethaq Islamic banking window branches across Oman + Meethaq Visa + Mastercard cards (Islamic-compliant); EMVCo QRCPS QR payments + OmanPay QR (Omani national QR payment scheme) + Omani Rial OMR domestic transfers.

## Implementations & partners

**Parent group**: [Bank Muscat](https://docs.barcoder.ai/docs/wallets/bank-muscat) (Bank Muscat; MSX: BKMB; Oman's largest commercial bank by assets; ~2M+ Bank Muscat customers).

**Major Omani Islamic banking competitors**: [Bank Nizwa](https://docs.barcoder.ai/docs/wallets/bank-nizwa-oman) (Bank Nizwa; MSX: BKNZ; Oman's first standalone Islamic commercial bank) + [Alizz Islamic Bank](https://docs.barcoder.ai/docs/wallets/alizz-islamic-bank) (Alizz Islamic Bank; MSX: BKIZ; Omani Islamic commercial bank).

**Regulators**: Central Bank of Oman CBO.

## Status

**Active, Bank Muscat MSX:BKMB Islamic banking window + Bank Muscat Omani parent SAOG ~100%+ controlling + Oman's largest Islamic commercial banking window by assets within Bank Muscat parent + founded 2013 as Bank Muscat's Islamic banking window arm in Muscat Oman** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://meethaq.bankmuscat.com/ "Meethaq — official"
[2]: https://en.wikipedia.org/wiki/Bank_Muscat "Meethaq — via Bank Muscat — Wikipedia"
[om-cro]: https://docs.barcoder.ai/docs/payments/OM

- [1] [Meethaq — official][1]
- [2] [Meethaq — via Bank Muscat — Wikipedia][2]
- <sup>[Oman report](https://docs.barcoder.ai/docs/payments/OM)</sup> In-corpus: `reports/countries/OM-oman.md`

## Source

Biography extracted from [meethaq.md](https://docs.barcoder.ai/source/wallets/meethaq). See `matrix.md` for standards-support matrix if present.
