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Islamic banking in Oman likely to grow at double-digit rate
Muscat – Islamic banking in Oman is expected to grow at double-digit rates as Sharia-compliant banking products increasingly gain acceptance and the government's plans to ease restrictions come to fruition. Launched in 2012, Oman's nascent Islamic banking segment saw assets surge more than five-fold to OMR1.1 billion ($2.86 billion) at…
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