Oman awaits Royal Decree on Islamic banking
- Oman: Tuesday, September 18 - 2012 at 12:41
Oman's central bank has said the much-awaited regulation for Islamic banks and window operations of conventional banks is expected to be announced through a Royal Decree at any time, Times of Oman has reported. "It can come at any time. The Majlis A'Shura and Cabinet have already cleared the new regulation and now we are waiting for a Royal Decree, which can come at any time," the central bank's executive president, Hamoud Sangour Al Zadjali, told the daily.
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