Oman’s Islamic finance sector surges with regulatory boost

Oman is experiencing a surge in its Islamic finance and banking industry, driven by new regulations and a supportive regulatory framework. The sector gained momentum in 2011 when a royal decree authorised its operations. The Central Bank of Oman (CBO) then introduced the Islamic Banking Regulatory Framework (IBRF) in 2012, followed by the establishment of […]

Moody’s, Oman Banks host roundtable on Islamic Finance

Oman Banks Association and Moody’s Investors Service jointly organized an Islamic Finance Roundtable with a cooperation with the Central Bank of Oman (CBO) on October 19, 2023 in Muscat. The event brought together about 60 participants representing financial sector regulators, senior representatives of Islamic and conventional banks as well as other financial sector sides in […]