Mubasher: Finance provided by Islamic banks in the Sultanate of Oman increased by 20.7% year-on-year to OMR 3.5 billion at the end of September, according to a report released by the Central Bank of Oman (CBO).
Total deposits at Islamic banks and windows surged 10.7% to OMR 3.1 billion in September, compared to OMR 2.8 billion a year earlier.
Total Islamic banks and windows assets combined recorded OMR 4.3 billion at the end of September, accounting for 13% of the bank assets in the sultanate, the CBO’s data showed.
