Oman's financial situation to achieve growth


(MENAFN) Oman's financial position attained a notable increase of 65.9 percent at USD 3.8mn for the Jan-Sep period in this year, over the same period of last year.

According to this increase Islamic finance cleared that Sharia-compliant are capable to establish themselves in the market and to rid of their issues.

Moreover, total customer deposits also jumped by 210 percent to USD 3.45mn by the end of Sep, from USD 1.1mn for the same period a year earlier.

In addition, the whole assets of Islamic institute and windows reached USD 5.13mn at the end of the cited month of 2015, a rise of USD 1.74mn over last year.


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