islamic finance

Oman second most food secure nation in Arabia
February 25, 2021

Oman is ranked second in the Arab world and 34th globally in the Global Food Security Index (GFSI), developed by The Economist Intelligence Unit,......

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Sohar Islamic completes issuance of Oman’s first perpetual sukuk
February 25, 2021

Sohar Islamic, the Islamic banking window of Sohar International Bank, has successfully completed the issuance of RO6mn perpetual sukuk al Mudaraba......

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Issuance of Oman’s first Perpetual Sukuk completed
February 25, 2021

Sohar Islamic — Sohar International’s Islamic Window — has successfully completed the issuance of RO 6 million Perpetual Sukuk......

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Maisarah Islamic Banking Services Conducts Prize Account Scheme Grand Prize Draw
February 16, 2021

Maisarah Islamic Banking Services recently conducted its annual grand prize draw for 2020 Prize Account Scheme. The draw which was held in Maisarah’s......

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Meethaq signs pacts to extend education finance to students
February 8, 2021

MUSCAT: Meethaq Islamic Banking from Bank Muscat has signed two agreements to extend Education Finance to students from premier educational institutions......

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Alizz Islamic Bank appoints new Sharia Supervisory Board
January 20, 2021

Muscat: Alizz Islamic Bank recently announced the appointment of a new Sharia Supervisory Board. Sheikh Dr Essam Khalaf Al Anzi was appointed Chairman......

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Move to strengthen Sultanate’s Islamic banking sector
December 21, 2020

Seeking to build on the robust growth of the Islamic banking sector in the Sultanate, the Central Bank of Oman (CBO) is rolling out a number of initiatives......

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Global Islamic finance assets to hit $3.69 tn in 2024
December 10, 2020

MUSCAT, Dec 9 Global Islamic Finance assets are forecast to reach $3.69 trillion by 2024, according to the 2020 Islamic Finance Development Report......

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Muzn wins best Islamic banking window award
December 6, 2020

In recognition of its pioneering role in the Islamic finance industry, Muzn has been named the Best Islamic Window - Oman 2020 at the Global Business......

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Oman’s new sukuk issuance credit positive for Islamic banking: Moody’s
November 18, 2020

On November 10, the sultanate’s Ministry of Finance announced a RO25mn sukuk issuance, the government’s first sukuk issuance available......

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