Friday 11 January 2013

First Oman Islamic bank start operations - Markets - ArabianBusiness.com

Bank Nizwa, Oman's first dedicated Islamic bank, has opened its doors to the public to start a new era for banking in the sultanate.
The launch was announced after the release of the Islamic Banking Regulatory Framework by the Central Bank of Oman.
Sayyid Amjad Mohammed Ahmed Al Busaidi, chairman, Bank Nizwa, said: "The Islamic Banking Regulatory Framework, laid down by the CBO has positioned the economy of the nation towards achieving greater success.
First Oman Islamic bank start operations - Markets - ArabianBusiness.com

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