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Oman: A hub of activity in Islamic Finance
21 OCT
Oman Islamic Finance Sector has evolved significantly in recent years. Recent Development include regulation amendment , fund launches and bank partnerships. Additionally, the introduction of fintech initiatives and the expansion of the sukuk market reflects the sector's commitment to sustainability and innovation .RADHIKA DAS report. Regulatory environment The Islamic Banking Regulatory Framework , issued in 2012 , permits the establishment of full-fledged Islamic banks and Islamic banking windows within conventional banks in Oman.