07.06.2012 - Islamic banking norms are being finalised: CBO
The Central Bank of Oman (CBO) has proposed amendments to the country's banking law to the concerned authorities to provide for the conduct of Islamic banking and we look forward to early finalisation, Hamood Sangoor Al Zadjali, CBO executive president said. On its part, the CBO has also formulated a draft Islamic Banking Regulatory Framework which will provide a comprehensive working platform/unique model based upon sound and best practices, he added...............................................Full Article: Source
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