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Islamic finance momentum gathers pace in Oman

Posted on 12 September 2011

Rohit WaliaThe Islamic finance industry’s newest market, Oman, may be seeing a flurry of activity with new authorizations in Islamic advisory and Takaful following the recent approvals for the establishment of two Islamic banks, Bank Nizwa and Al-Izz International Bank.
But to what extent these developments will help entrench Islamic finance as an important emerging component of Oman’s financial services sector must remain a moot point……………………………………….Full Article: Source

 
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