29.03.2012 - Islamic banking to boost loan growth in Oman, says NBK Capital
The introduction of Islamic banking in Oman will lead to loan growth of 15 percent this year, NBK Capital said and upgraded the sultanate's largest lenders, Bank Muscat SAOG and National Bank of Oman. Oman reversed its secular approach to finance last year after seeing a steady trickle of investment flow to nearby countries with well-established Islamic banking...............................................Full Article: Source
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