23.04.2012 - BankMuscat to open seven branches for Islamic banking
BankMuscat, Oman’s biggest financial institution, is planning to open seven dedicated branches for offering Islamic banking services through window operations, the bank’s chief executive told Times of Oman. “To begin, subject to regulatory approval, Meethaq will start operations with seven dedicated branches. BankMuscat has assigned RO150 million capital for the proposed Meethaq Islamic banking window operations,” said AbdulRazak Ali Issa..............................................Full Article: Source
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