International Association for Islamic Economics latest

Some estimates put the potential share of the Islamic segment at around 10 percent of Oman’s total banking sector, which currently has assets in excess of $40 billion
September 5th, 2011 - 02:28 GMT

Branching into Islamic banking in Oman

As new Islamic institutions and conventional banks gear up to launch their sharia-compliant services, the central bank is in the process of developing the regulations needed to provide the proper environment and oversight for Islamic banks.
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