Islamic Finance
Mergers & Acquisitions
Regulation, Risk & Compliance
Retail Banking
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Oman Arab Bank's gets nod from Alizz board to proceed with merger
The board of Al Izz Islamic Bank, a Muscat listed Sharia-compliant lender, approved a share swap ratio for its merger with the Oman Arab Bank, paving the way for the latest banking merger deal in the Gulf. The board recommended the swap ratio that gives OAB about 81 per cent…
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