04.02.2013 - Ahlibank CEO clarifies on Islamic banking strategy
Following the successful launch of its Al Hilal Islamic Banking Services with the opening of five dedicated branches in Samail, Saham, Bahla, Rustaq and Muscat, and a sixth branch set to open soon in Salalah, Ahlibank is confident that Islamic banking will be a great success in Oman. Abdul Aziz al Balushi, chief executive officer of Ahlibank, said that depending on the actual requirements, the bank may convert some of the existing conventional branches to Islamic banking ones or may even open more new Islamic banking branches. “The primary objective for this year is to really establish credibility by educating people about what Islamic banking is by explaining to them how true and transparent we are to clear people's negative perception about Islamic banking,” he said.........................................Full Article: Source