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Oman’s Islamic banking assets hit RO7bn mark as market share rises

Oman’s Islamic banking sector is experiencing robust growth this year, driven by strong demand for Shariah-compliant products and supportive regulations. The total assets of the sultanate’s Islamic banks and windows grew by 12.6% year-on-year, reaching the RO7bn mark at the end of June 2023, according to data from the Central…

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