islamic finance

Oman’s Islamic banking market share seen to reach 20% by 2025
September 21, 2021

Muscat – Oman’s Islamic banking industry – which has seen strong growth since its launch in 2012 – is expected to reach around......

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Alizz Islamic Bank signs pact to provide home financing solutions
September 16, 2021

Muscat: Alizz Islamic Bank and National Mass Housing Company have signed an agreement to provide home financing solutions for the bank’s customers......

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GCC sukuk issuances decline on lower funding needs
September 13, 2021

Muscat – The sukuk issuance in the GCC countries have dropped significantly this year due to higher oil prices which lowered the financing......

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Islamic banking assets reach RO5.7bn on robust growth
September 12, 2021

Muscat – Continuing the fast-paced growth in Oman’s Islamic finance industry despite the economic slowdown caused by the COVID-19 pandemic,......

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Sultanate participates in IsDB Group meetings
September 5, 2021

TASHKENT: The Sultanate participate in the 46th annual meetings of the Islamic Development Bank (IsDB) Group, held in Tashkent, Uzbekistan, on Friday......

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IsDB, Bloomberg to launch financial education programme in 9 countries, including Oman
August 8, 2021

Islamic Development Bank (IsDB) and Bloomberg LP will work together to deliver a financial education programme for university students in nine countries,......

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Proposed Bonds and Sukuk regulation supports financing of green projects
August 5, 2021

Green-financing: Draft regulation includes innovative financing instruments with their proceeds intended exclusively for financing investment projects......

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Alizz Islamic Bank launches ‘You Choose’ campaign with exciting offers
July 7, 2021

As part of its ongoing commitment to its customers in providing offers, benefits and attractive banking services, Alizz Islamic Bank has come up......

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Sohar Islamic Introduces Shari’a compliant Escrow
July 1, 2021

Reiterating its strong market position and investor confidence, Sohar Islamic – Sohar International’s Islamic Window, has introduced......

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Huge response to Oman’s $1.75 billion sukuk issuance
June 10, 2021

The Ministry of Finance announced on Wednesday that it had successfully completed the issuance of sharia-compliant Islamic instruments — known......

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