11.09.2012 - Oman's Al Izz Islamic Bank poised for $104-mln share float
Al Izz Islamic Bank, the second sharia-compliant lender being formed in Oman, will launch an initial public share offer (IPO) for 40 percent of the bank later this month, Oman's regulator said in a statement on Monday. Al Izz is the second Islamic bank to seek a stock market listing in Oman since the sultanate reversed its position last year as the only country in the Gulf Arab region not to permit sharia-compliant banking...............................................Full Article: Source
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