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The Islamic Development Bank’s (IsDB) Board of Executive Directors, approved a total of $1.12 billion for development projects financing in various sectors in 9 member
The bank approved a $1.79m grant for projects in key sectors such as food security, health, energy, urban development, education, water and sanitation.
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The most used Islamic finance products, for provide financing by Islamic banks in Oman are Murabaha, Diminishing Musharaka and Wakala.
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