KPMG Oman has said conventional banks in Oman that fail to offer Islamic banking services risk an exodus of customers in favour of market rivals offering Shari’ah-compliant financial services in the Sultanate.
“Conventional banks are likely to lose some customers, if they do not offer Islamic banking services through window operations,” said Khalid Yousaf, Director of Islamic Finance Advisory Services, KPMG Oman………………………………………..Full Article: Source