Comment & Analysis
Islamic Finance
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Oman's Islamic Banking Growth to Continue Despite Pandemic
Oman's Islamic banking sector growth is likely to continue apace in 2021-2022 following strong momentum in 2020 despite the pandemic and lower oil prices, Fitch Ratings says. Islamic financing in Oman grew by 9.5% in 2020, compared with the conventional banks' loan growth of 2.1%. This was driven by demand…
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Click here to read the full story: Fitch Ratings