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Bank Nizwa inks deal to develop Islamic financial services
- Oman: Monday, December 31 - 2012 at 04:17
Omani lender Bank Nizwa has signed a memorandum of understanding with Saudi-based Capitas Group International (CGI), a management firm specialising in Shari'ah-compliant finance, Muscat Daily has reported. According to the terms of the agreement, both firms are to collaborate to create specialised financial platforms in the sultanate by tapping into their combined skills and resources, brought forth by the alliance.
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