April 29, 2024

Oman Credit and Financial Information Center (Mala’a) Participates in the Real Estate Conference

The Oman Credit and Financial Information Center (Mala’a) actively participated in the Real Estate Conference 2024, a three-day event organized by the Ministry of Housing and Urban Planning. Held at the Oman Convention and Exhibition Center from April 29th to May 1st, Mala’a showcased its offerings through a dedicated booth, providing insights into credit reports, credit scores, and other services like Murshid (the Instant Decision Module) and (Huwiya) Know Your Customer service to visitors.

Additionally, Mala’a contributed by presenting a white paper outlining its operations and emphasizing its significance across various sectors in the Sultanate of Oman. The center also joined a panel discussion focusing on the real estate sector in the Sultanate, particularly highlighting the role of credit information in assessing credit risks associated with real estate investments.

As the largest repository of financial and credit information in the Sultanate, Mala’a boasts membership from all financial and credit institutions, including those from the banking, financial, and telecommunications sectors, as well as small and medium-sized enterprises funds. Moreover, it integrates seamlessly with government records such as those from the Royal Oman Police and the Ministry of Commerce and Industry and Investment Promotion. By providing comprehensive credit reports, Mala’a supports lenders in their credit risk assessment processes, thereby fostering responsible lending practices.

July 3, 2024

Oman Investment Bank Joins Mala’a Membership Network

Oman Investment Bank (OIB) has entered into a membership agreement with Oman Credit & Financial Information Centre (Mala’a), to become a banking sector member. The agreement involves providing Mala’a members with a comprehensive credit and financial information database. This database will facilitate informed credit decision-making, financial capability assessments for clients, and evaluation of potential financial […]

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July 3, 2024

Global Financial Solution (OmPay) Joins Mala’a Membership

Global Financial Technology LLC (OmPay) has entered into a membership agreement with the Oman Credit and Financial Information Center (Mala’a). The membership agreement includes access to Mala’a’s Electronic Know Your Customer (E-KYC) service, known as Huwiya, that is designed to streamline electronic customer identity verification and enhance credit information accuracy. The agreement, signed by Bassam […]

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May 28, 2024

Oman Credit and Financial Information Center (Mala’a) Wins Excellence Award in Credit Information Services

Oman Credit and Financial Information Center (Mala’a) has been awarded the Excellence in Credit Information Services Award by OER Magazine during the “New Age Banking ” summit. This award recognizes the quality of services provided by the center to its members and service providers. Commenting on this achievement, Bassam Al Jamali, General Manager of Mala’a, […]

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