Gatehouse Bank, a UK-based Islamic bank with an asset size of $2 billion, is seeking to attract Oman’s Sharia-compliant institutions to invest their funds in the UK and vice-versa. “We are interested in having relations with all Islamic banks. We have treasury services, capital market products like sukuk and real estate financing,” Richard Thomas, Chief Executive Officer, Gatehouse Bank, told Times of Oman.
The Gatehouse Bank official will meet officials of Bank Nizwa and Bank Muscat for exploring avenues of cooperation tomorrow. Saying that London has a strong Islamic banking sector, he noted that Gatehouse Bank is interested in helping Omanis who want to invest overseas and interested in bringing treasury funds to the Sultanate………………………………………..Full Article: Source