Wednesday, February 27, 2013

Oman’s Islamic banks request additional access to foreign Islamic money markets

Oman’s development of Islamic banking has been surprisingly smooth, so far but the first roadbump may lie just ahead once the country’s new Islamic banks start deciding where to invest the deposits they have been gathering since the beginning of 2013. Specifically, how are they going to manage to earn sufficient returns to satisfy both equity holders and depositors in order to remain competitive with conventional banks in attracting both.

Register for the Islamic Finance Gateway (free) to read the full post

No comments: