Dubai Islamic Bank’s (DIB) said its Sharia consultancy and advisory unit, Dar Al Sharia Legal & Financial Consultancy, has reached an agreement to provide consultancy services to Bank Sohar, the fourth largest bank in Oman.
The Bank Sohar move comes following last year’s decision by the Central Bank of Oman to allow banks in the Sultanate to offer dedicated Islamic banking windows.
Dar Al Sharia said it will help Bank Sohar to bring authentic Sharia-compliant banking products and services to customers in Oman.
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