| Along with Islamic banking windows within commercial banks in Oman, the two new specialised Islamic banks would be able to start Sharia-compliant banking activities from early next year, according to the apex bank.
Both Bank Nizwa and Al Izz International Bank, which have got licences to operate as full-fledged Islamic banks, are expected to float initial public offerings (IPO) by the end of this year to list on the Muscat Securities Market (MSM)..............................................Full Article: Source
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