Alizz Islamic bank reported a net loss of OMR2.09mn for the six-month period ended 30 June 2016, which is 31.5% lower compared to the net loss of OMR3.05mn in the same period of 2015. Alizz Islamic's financing receivables jumped 76.8% to OMR247.7mn as of 30 June 2016 from OMR140.11mn a year earlier. Total assets rose 59.9% to OMR301.6mn. The bank's total deposits surged 119.8% to OMR212.36mn for the period ended June 30, 2016 compared with OMR96.61mn a year earlier. International credit rating agency Capital Intelligence (CI) on Thursday affirmed the long- and short-term ratings on the Oman national scale of Alizz Islamic bank at omBBB- and omA3, respectively. Both ratings remain on a 'stable' outlook, CI said. (Muscat Daily)