islamic finance

Alizz Islamic Bank joins first Waqf Forum
January 10, 2022

Muscat: Waqf sector is considered one of the main drivers of funds growth in the Sultanate, said Asaad bin Hilal Al-Kharusi, acting Chief Operating......

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Bank Nizwa extends its financing facilities to Khazaen Dry Port-
December 30, 2021

Muscat – The sultanate’s leading Islamic bank, Bank Nizwa on Wednesday celebrated and marked the official opening of the Khazaen Dry......

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Alizz Islamic Bank Sharia Supervisory Board holds its sixth meeting
December 29, 2021

Muscat: Sharia Supervisory Board of Alizz Islamic Bank held its sixth meeting of the year at the main branch of Central Business District at Ruwi......

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AD Ports Group and Aqaba Development CorporationSign Multiple Agreements for Development of Tourism, Transport, Logistics and Digital Infrastructure
December 19, 2021

AD Ports Group, a leading facilitator of trade and logistics, has strengthened its regional footprint by signing a number of four strategic agreements......

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Islamic banking assets surpass 15% market share in Oman
December 15, 2021

Muscat: Islamic banking sector in Oman accomplished a major milestone at the end of June 2021 when the total assets of Islamic banking entities surpassed......

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Islamic banking market share crosses 15% mark in Oman
December 15, 2021

Muscat – The market share of Oman’s Islamic banking sector has crossed the 15 per cent threshold this year, thanks to the robust growth......

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48 months profit free finance on buying apartment in Shaden Al Hail project
December 7, 2021

Muscat: Alizz Islamic Bank has strengthened its strategic partnerships with real estate development companies in the Sultanate by signing a new agreement......

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Ominvest to issue RO52mn worth of perpetual sukuk
November 30, 2021

Muscat – The shareholders of Oman International Development & Investment Company (Ominvest) recently approved the issuance of perpetual......

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Islamic finance industry set to hit $4.94trn in 2025
November 18, 2021

Islamic finance industry is projected to reach $4.94 trillion in 2025 according to the Islamic Finance Development Indicator (IFDI) 2021 released......

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Bank Nizwa, IFSB join hands to support Islamic finance growth
November 16, 2021

Muscat – In line with its mission to spread awareness and boost interest in the community about Islamic banking practices, Bank Nizwa recently......

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