Islamic banking set to continue outpacing conventional banks
- Date: 03-Oct-2023
- Source: Muscat Daily
- Sector:Financial Services
- Country:Oman
Islamic banking set to continue outpacing conventional banks
Muscat – The Islamic banking industry in Oman is poised to maintain its growth momentum ahead of conventional banks in Oman. This trend is expected to persist over the next 12 to 18 months, thanks to supportive oil prices and ambitious economic diversification agendas across the GCC countries, according to Moody’s Investor Service. The profitability […]