Islamic Finance
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Customer deposits surge at Oman Islamic banks
Oman's two full-fledged Islamic banks have yet to post a profit but their customer deposits are surging, increasing pressure on authorities to develop Sharia-compliant money market tools and make a long-awaited sukuk issue. Oman was the last country in the GCC to introduce Islamic finance, granting licences to Al Izz…
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Click here to read the full story: Gulf Daily News