01.02.2013 - Oman Arab Bank launches Islamic banking unit
Oman Arab Bank (OAB) announced the launch of an independent Islamic banking services unit under the brand name ‘Al Yusr’ recently. OAB aims to launch its Islamic operations with five branches across the major cities of Oman during 2013, a press release said. Commenting on the launch of the new Islamic banking serv-ices, Abdul Kader Askalan, CEO of OAB, said, "It is my pleasure to be announcing Al Yusr, our dedicated Islamic banking Unit. We are confident that Al Yusr will provide customers with an avenue to be true to their beliefs while offering all the advantages of world class banking."..............................................Full Article: Source
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