The Islamic banking in Oman is demand-led and is expected to grow fast on the back of higher demand and positive sentiments, according to Richard Thomas, chief executive officer of Gatehouse Bank, a Sharia-compliant investment bank based in London.
“Oman’s foray into Islamic banking is based on strong fundamentals and sound regulations. The government is extremely proactive and keen to utilise unproductive money into fruitful enterprises. They have a very mature outlook on Islamic banking, and that is music to the ears,” he said. ……………………………………….Full Article: Source