Islamic banking assets in Oman reach RO 9.3 billion Finance

Islamic banking assets in Oman reach RO 9.3 billion

MUSCAT: Total assets of Islamic banks and windows in the Sultanate of Oman reached approximately RO 9.3 billion by the end of November 2025, accounting for 19.4 per cent of total banking sector assets. This represents a 12.3 per cent increase compared with the same period in 2024. Figures released by the Central Bank of […]

Oman’s Islamic finance sector poised to top  billion in 2026 Finance

Oman’s Islamic finance sector poised to top $45 billion in 2026

Muscat: Oman’s Islamic finance industry, which reached a value of about $36 billion at the end of last year, is projected to balloon to $45 billion in 2026, underscoring the strong growth trajectory of Sharia-compliant finance in the Sultanate of Oman. According to Fitch Ratings, the sector is expected to witness double-digit growth this year, […]