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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Oman: What Islamic banking can facilitate?

Posted on 11 June 2012

Finally, the dream of many Omanis has come true. They have demanded that Islamic Banking should be practiced in Oman. Such a demand will not only fulfill their financial needs, but also will give opportunities to people to understand Islamic Banking and compare it with conventional banking. Before getting to know the differences between Islamic Banking and conventional one it is advisable to know banking in general first.
Banking came into being since 1200 approximately and its practices were initially found in Italy. Banking is one of the most important pillars of the economy of a society………………………………………..Full Article: Source

 
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