14.06.2011 - Oman’s realty sector set to benefit from Islamic banking
Leading property management and consultancy firm Hamptons International has welcomed the government’s decision to allow the introduction of Shariah-compliant Islamic financial services in the domestic banking system — a move it says promises to impart a much-needed fillip to the real estate sector. The recent Royal Directive authorising the offering of Islamic banking services — for the first time in Oman — has the potential to jumpstart a recovery of the once-vibrant property market, according to the reputable realty management firm..............................................Full Article: Source
Print