Muscat: According to the latest statistics released by the Central Bank of Oman (CBO), the Islamic banking sector continues its robust expansion, solidifying its role as a key pillar in the national financial landscape.
The data shows that the total financing provided by Islamic banks and windows surged by 13.5%, reaching approximately RO 7.2 billion. This reflects growing demand for Sharia-compliant financial services across the country.
In parallel, customer deposits in Islamic banks and windows witnessed a sharp increase of 22.6%, climbing to around RO 7.1 billion by the end of April 2025.
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