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Islamic Finance Briefing - Categorized | Banking, Finance more

Oman lender sends signals on Islamic finance

Posted on 25 July 2011

Oman International Bank is looking to grab a slice of the US$1 trillion Islamic finance market. That was the reading from analysts yesterday after the bank announced it was considering a “strategic alliance” with another financial institution.
“This strategic review will evaluate potential operating models for the future and will consider whether the bank should remain independent, whether it should form a strategic alliance with another leading financial institution or whether it should pursue other different forms of cooperation,” the lender said in a filing to the Muscat Securities Market……………………………………….Full Article: Source

 
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