26.03.2013 - Yet another step to strengthen Islamic banking in Oman
Since the beginning of the launch Islamic banking in the Sultanate, numerous conferences and workshops have been conducted to delve deep into the structure of Islamic finance and explore the themes of its emergence in Oman. But the recent Oman Second Islamic Banking and Finance Conference witnessed vital issues relating to Islamic banking and industry being deliberated upon and decisions being taken by the authorities concerned. Although the conference delved deep into improving the regulatory infrastructure and supporting harmonisation and linkages among different jurisdictions, the most important announcement was restriction on the entry of foreign Islamic banks into Oman...............................................Full Article: Source
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