Islamic Finance
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Oman's plan to introduce Islamic money market instruments is positive for sector
Oman's plan to introduce Islamic money market instruments will support the growth of the Islamic sector and diversify lenders' assets, according to Moody's. Last week, the Central Bank of Oman (CBO) announced progress of the planned introduction of Shariah-compliant money market instruments. The move is "credit positive" for Oman's Islamic…
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