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Islamic Finance Briefing - Categorized | Banking, Performance more

Oman: Islamic banking could grab 5-10pct of total sector activity in first two years

Posted on 06 August 2012

Ahlibank reported a 36 per cent growth in net profit for the first half of this year. Recently the bank completed a rights issue to raise RO25mn for its venture into Islamic banking and boosting its Tier 1 capital.
Chief executive AbdulAziz al Balushi speaks about the bank’s financial performance, the outlook for Islamic banking and the bank’s market position in the sultanate………………………………………..Full Article: Source

 
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