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Total assets of Oman’s Islamic banks reach RO 8.3 billion

Total assets of Islamic banks and windows in Oman reached RO 8.3 billion, representing 18.8 percent of the total assets of the banking sector, by the end of November 2024.

Oman News Agency

info@thearabianstories.com

Sunday, January 26, 2025

MUSCAT : This represents an increase of 15.4 percent compared to the same period in 2023.
The total financing balance granted by the units practicing this activity recorded an increase of 13.3 percent to reach about RO 6.8 billion.

Deposits at Islamic banks and windows also increased by 22.5 percent to reach about RO 6.6 billion by the end of November 2024.


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