Muscat: The total assets of banks and Islamic windows combined increased by 13 percent to reach about 7 billion Omani riyals by the end of July 2023, representing 17.2 percent of the total assets of the banking sector in the Sultanate of Oman compared to the same period last year.
Statistics issued by the Central Bank of Oman showed that the total balance of financing granted by units practicing this activity recorded an increase of 12.3 percent to reach about 5.8 billion Omani riyals.
Deposits at Islamic banks and windows also recorded an increase of 12.9 percent, reaching about 5.3 billion Omani riyals by the end of July 2023.
more recommended stories
Bank Nizwa Named Strongest Islamic Retail Bank in Oman 2023 by IRBA for Third Consecutive Year
Muscat: Solidifying its position as the.
Exhibition “Omani Empire: Asia and Africa” opens in Russia
National Museum opens exhibition of “The.
Oman expresses regret over US veto of Gaza ceasefire resolution
Muscat: The Sultanate of Oman has.
Oman’s non-oil exports to Saudi Arabia increased by 25.5%
Omani non-oil exports to Saudi Arabia.
Oman joins the world in celebrating the International Anti-Corruption Day 2023
Muscat: The Sultanate of Oman, represented.
NCSI Implements 40th session of Consumer Confidence Survey
Muscat: The National Center for Statistics.
Oman sees over 45 Billion Cubic Meters of Natural Gas Domestic Production, Import
Oman’s local production and import of.
OCCI delegation reviews Saudi’s experience in railway
Riyadh: A delegation from the Oman.
NCSI conducts opinion Poll on ‘Omani use of social media’
NCSI conducts public opinion Poll on.
MOL targets 2000 on-the-job training opportunities in SMEs
Muscat: The Ministry of Labor continues.