CBO launches online system for Sharia-compliant securities Finance

CBO launches online system for Sharia-compliant securities

Muscat-  The Central Bank of Oman (CBO) has launched an electronic system to provide Sharia-compliant liquidity management tools to licensed Islamic banking institutions in the Sultanate. The structures of these instruments and their related contracts were approved after review by the Supreme Sharia Supervisory Board of the Central Bank of Oman, in accordance with regulatory […]

Central Bank of Oman rolls out partial payment cheque system Finance

Central Bank of Oman rolls out partial payment cheque system

Muscat: The Central Bank of Oman (CBO) has introduced the System of Partial Payment of Cheques, effective from December 15, 2025, in line with new regulatory instructions aimed at enhancing flexibility and efficiency in cheque settlements. Under the new system, cheque beneficiaries will be allowed to receive available funds from a customer’s bank account even […]