Islamic Finance
Legal
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Money market curbs to challenge Islamic banks in Oman
As Oman prepares to introduce Islamic finance, a restriction on the money market instruments which banks can use may curb their ability to manage funds in the market, hurting profitability. Authorities are expected to release Islamic banking rules by year-end, making Oman the last country in the six-nation Gulf Cooperation…
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Click here to read the full story: Reuters