- First NBFC in the Sultanate of Oman.
- Established in Oct 1987, under the leadership of HE Dr. Omar Zawawi.
- Muscat Finance pioneered vehicle financing and enabled a significant retail and corporate penetration of Vehicle financing.
Subsequent Developments
- Later, ventured into heavy Consumer Goods Financing and Equipment Leasing.
- Pioneered the concept of Debt Factoring in the Sultanate and the Middle East in 1996.
- Pioneered the concept of Payment Gateway as the first finance company in the Sultanate using this service