20.12.2011 - Oman's largest bank poised to set up Islamic arm
Bank Muscat, Oman's largest bank by assets, will set up a sharia-compliant banking arm, it said in a statement, becoming the latest financial institution to announce plans to operate in the sultanate's fledgling Islamic finance sector. Operating under the Meethaq brand name, the bank will function independently from the conventional arm and has appointed a three-member sharia board...............................................Full Article: Source
Print