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The Laws And Regulations Governing Islamic Finance In Oman - Finance and Banking - Vimarsana News

The Laws And Regulations Governing Islamic Finance In Oman - Finance and Banking

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

Source: mondaq.com
ICD, Partner Seal Deal - Vimarsana News

ICD, Partner Seal Deal

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-sharing Islamic Windows, offering Islamic products and services in Uzbekistan. As a result, the bank wi...