ALIZZ ISLAMIC BANK
400 ability to adapt to new cultures , new languages and new environments ,” he explains . “ All along I ’ ve tried to keep an open mind and focused on how best to collaborate with different people .” This adaptability has served Kallur well throughout a career in an industry that has moved from bricks , mortar and paper records to mobile banking , data analytics and the cloud in a few short decades . We sit down with Kallur to explore the threats and opportunities across the changing face of banking , the nature of risk management in
Islamic finance and the ways in which institutions like Alizz Islamic Bank can manage change in an ever-changing world .
Founded in 2013 , the Alizz Islamic Bank provides Islamic banking services in the Sultanate of Oman . In contrast to traditional banking , Islamic finance – in accordance with Sharia law – prohibits the charging of interest , also forbidding loans to a business or customer operating in violation of Sharia law ( for example , businesses selling alcohol ). Instead of collecting
APRIL 2019