| The ground is all set for a paradigm shift in the Sultanate’s banking sector with the opening of the first such bank recently. The thriving Oman economy is to witness yet another addition to the dome- al izz islamic bank which aims at offering complete Sharia-compliant banking products to the corporate and retail banking customers of Oman, thus becoming one of the country’s first dedicated Islamic banks.
Jointly promoted by Huriah Company LLC, Aabar Investments PJS and Tasameem Real Estate Company LLC for the purpose of offering comprehensive business and retail Islamic banking solutions, al izz islamic bank will strictly be in accordance with Omani law and CBO regulations governing Islamic Banking in Oman...............................................Full Article: Source
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