Muscat: This now accounts for 18.7% of the total assets within the country’s banking sector, underscoring the rising demand for Sharia-compliant financial services.
Driving this growth is the sector’s expanding financing portfolio, which grew by 12.6% to reach RO 6.6 billion. Deposits have also climbed significantly, recording a 23.7% increase to match the financing balance at RO 6.6 billion.
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