Muscat: Accounting for 19.2% of the country’s total banking sector assets, this marks a robust 16.6% increase compared to the same period in 2023.
According to official data, the total financing balance provided by Islamic financial institutions reached nearly RO 7 billion, registering a 14.2% growth year-on-year.
Deposits also saw strong upward movement, climbing by 21.3% to reach around RO 6.7 billion by year-end.
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