07.12.2011 - Oman: Islamic banks eye 20pct share
Economist and academic researcher Dr Nasser al Mawali expects that Islamic banks that are expected to start their activity for the first time in the Sultanate at the beginning of next year will acquire about 20 per cent of the domestic market of the banking sector in the Sultanate during the next three years. He pointed out that the rate of growth of the assets of Islamic banks in the Sultanate is expected to range between 15 to 20 per cent annually, which is in line with the global rates...............................................Full Article: Source
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