Islamic Finance
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Oman-based lender gets Islamic banking licence
Oman’s Al Izz International Bank, a lender under formation in the Gulf Arab state, has been given a licence to operate as an Islamic bank, following a decision to open the country’s doors to the fast-growing industry, a central bank official said. Ali Hamdan Al Raisi, vice-president of Oman’s central…
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Click here to read the full story: Khaleej Times