islamic finance
Islamic banking entities provide financing of OMR4bn
February 23, 2020
Muscat: Islamic banking entities provided financing to the extent of about OMR4 billion at the end of December 2019, recording a growth of 11 per cent over that a year ago, according to the bulletin issued by the Central Bank of Oman (CBO).
Total deposits held with Islamic banks and windows also increased by 10.3 per cent to OMR3.6 billion.
The total assets of Islamic banks and windows stood at OMR4.9 billion on end-December 2019 and constituted about 13.9 per cent of the banking system assets.
timesofoman
Top News

Bank Muscat wins over 30 international, local awards
2021-01-13 04:00:00

Plastic bags for garbage collection exempted from ban
2021-01-10 04:00:00

Oman Air to add flights to Dubai
2021-01-07 02:00:00

Oman govt expects economy to grow by 2.3 per cent in 2021
2021-01-05 04:00:00

Tethys Oil spuds exploration well on Block 49
2021-01-05 04:00:00