Omantel signs Murshid agreement with Mala’a

Omantel has signed an agreement with the Oman Credit and Financial Information Center (Mala’a) to leverage the center’s Murshid service, which offers customized credit reports to its members. This service automates the evaluation of credit data, delivering tailored risk assessment solutions that meet the specific needs of institutions.

The agreement was officially signed by Mr. Bassam Al Jamali, General Manager of Mala’a, and Mr. Ghassan Al Hashar, CFO of Omantel. Mr. Al Jamali highlighted that Murshid enhances decision-making through advanced intelligence, significantly reducing the time and effort required for manual credit data analysis.

Launched earlier this year, Murshid provides members with an instant decision-making tool that supports their risk assessment processes. By offering a precise evaluation of a customer’s creditworthiness, credit lenders can make informed decisions about extending credit.

This collaboration between Mala’a and Omantel reflects Mala’a’s commitment to empowering the credit industry with innovative tools and solutions, while also fostering the growth of Oman’s fintech sector.