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Islamic banking to play key role in boosting local economy: Zadjali

Posted on 07 June 2012

HEā€ˆHamoud Bin Sangour Al Zadjali, Executive President of the Central Bank of Oman (CBO) says that Islamic banks play an important role in the development of the economy through attracting deposits and financing economic activities.
Islamic banking is not about money, but seeks to finance real assets and project implementation and through it individuals can contribute to the development of investments and at the same time achieve public interest on religiously and legally accepted foundations………………………………………..Full Article: Source

 
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