The much-awaited listing of alizz islamic bank yesterday did not enthuse investors as the share closed trading with a marginal gain of 0.98 per cent at 103 basias on the Muscat Securities Market (MSM).
Market analysts cited lack of clarity on the much-awaited Islamic banking regulation and the long gap between the bank’s share offer and listing as major reasons for the listless activity. The RO40 million IPO of the bank closed one-month subscription on October 21, but the shares were listed only on December 02………………………………………..Full Article: Source