The local press stated that the Central Bank of Oman has licensed the Sultanate’s second Islamic bank.
Al Izz International Bank has been given the designation to operate as a fully-fledged Islamic bank once it is set up.
The license was granted after …
Tagged: Al Izz International Bank
Oman’s central bank has given Al Izz International Bank a license to operate as a fully-fledged Islamic bank. The Sultanate is trying to open doors to Islamic finance through this measure.