06.09.2012 - The compatibility of real estate and Islamic banking: Omanis take advantage of new opportunities
The decision to licence the operation of the Islamic banking in the Sultanate has opened up windows of opportunities for the banking sector in Oman, writes Philip Paul, Head of Agency for Cluttons Oman. The successful launch of Bank Nizwa, an exclusive Islamic bank and the opening of Islamic banking operations windows within conventional banks is evidence that the banks plan to capitalise on the opportunities presented by the new industry and meeting the increasing demand for Shari’ah-compliant finance............................................Full Article: Source
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