National Bank of Oman (NBO), the first local bank in the country, said that it is well prepared to launch its Sharia-compliant window and will have a presence across all regions in the Sultanate within a year once all regulatory approvals are in place.
The bank is ready to roll out its Sharia-compliant products at its first branch in Al Azaiba and has well qualified staff and systems in place to offer a broad spectrum of these products and services to all its customers, said a press release………………………………………..Full Article: Source