Islamic Windows News Today

The most used Islamic finance products, for provide financing by Islamic banks in Oman are Murabaha, Diminishing Musharaka and Wakala.

The Chief Executive Officer of the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IsDBG), Mr. Ayman Amin Sejiny and the Chairman of the Management Board of Turonbank, Mr. Chori Sadibakosovich Mirzaev, have signed an Advisory Services Agreement in relation to launching of an Islamic window at the bank. The intended Islamic window will create an opportunity for Turonbank to be one of the foremost wholly profit-sha...