Amwal Inversiones LLC (Oman) and Amwal Inversiones Sdn Bhd (Malaysia) Enter into Strategic Cooperation to Launch Shariah-Compliant Housing in GCC, Fully Supported by Bastion Commonwealth Investment Bank

Muscat / Kuala Lumpur / Dubai - May 4, 2025 - In a significant move to address housing needs through Islamic finance, Amwal Inversiones LLC, based in Oman, and Amwal Inversiones Sdn Bhd of Malaysia have formally entered into a strategic cooperation aimed at delivering Shariah-compliant affordable housing projects in Oman and the United Arab Emirates. The cooperation is fully supported by Bastion Commonwealth Investment Bank (BCIB), an international ethical finance institution.

Under this initiative, Mafaza Oman-a subsidiary of Amwal Inversiones LLC-will lead the implementation of housing developments that align with Islamic financial principles and environmental sustainability. The cooperation brings together regional experience, Southeast Asian structuring expertise, and institutional financial backing from BCIB.

Mr. Izzetin, representing Amwal Inversiones LLC (Oman), stated: "This cooperation strengthens our mission to deliver dignified, faith-aligned housing to communities in the region. Oman is proud to be the starting point for this initiative."

Mr. Wassem, Managing Director of Amwal Inversiones Sdn Bhd, added: "Through this cooperation, we are combining practical expertise and financial innovation to drive real impact. With BCIB's full support, this model has strong potential for regional scale."

Mr. CK Low, Managing Director of Bastion Commonwealth Investment Bank, commented: "We are fully supportive of this initiative and commend both Amwal entities for taking leadership in Islamic housing finance. BCIB remains committed to providing Shariah-compliant capital solutions to empower such efforts."

Initial developments are slated for Muscat and Sohar (Oman) and Sharjah (UAE), with project structuring to include Islamic financing instruments such as Ijara, Istisna, and Mudarabah. Full rollout is expected in late 2025, with investor and community engagement phases beginning mid-year.

For more information, please contact:

Daniel Lim
Media Relations
Bastion Commonwealth Investment Bank (BCIB)
Email: daniel.lim[@]bcibl.com
Phone: +44-7438-354-138
Website: https://bcibl.com

BC Investment Bank Limited
8 St. James's Square,
London SW1Y 4JU,
United Kingdom

Amwal Inversiones LLC (Oman)
A Muscat-based Islamic investment entity focused on infrastructure and housing projects across the GCC, grounded in ethical finance and regional development.

Amwal Inversiones Sdn Bhd (Malaysia)
A Malaysian-based Islamic finance company specializing in project design, financial structuring, and real-asset-backed development, particularly in housing and infrastructure.

Bastion Commonwealth Investment Bank (BCIB)
A global ethical investment bank offering Shariah-compliant financial services across emerging markets, with special focus on housing, SME development, and inclusive infrastructure.

This release was published on openPR.