Islamic Finance
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Islamic banking draft moots five-member Sharia board
A five-member Sharia board, exclusive branches for window operation, clear cut segregation of conventional and Islamic banking with separate teams of people and accounts and a 12 per cent capital adequacy ratio are the main highlights of the Islamic Banking Draft Framework (IBRF) presented by the Central Bank of Oman…
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Click here to read the full story: Times of Oman