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Islamic Finance Briefing - Categorized | Finance, Market Moves more

Oman: Islamic finance may capture 10 pct market share

Posted on 30 May 2011

The Sharia-compliant financial institutions, which are expected to commence operation in the country within a short period, may capture 10 per cent of the market share of the total banking assets within few years, according to two leading experts on Islamic finance.
However, the experts cautioned that right regulatory framework to safeguard the credibility of the system and investments in human resources for developing a pool of talents are pre-requisites to develop a vibrant industry……………………………………….Full Article: Source

 
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