Thursday, March 21, 2013

Procedural Pitfalls to Avoid in Omani Litigation Cases

It is always important, when considering filing a court case in Oman, to attend to administrative pre-requisites so that there are no time delays in the process.


Wednesday, March 13, 2013

Shari'a-Compliant Investment Banking in the Sultanate of Oman

Investment banking activities and licensing requirements

The Islamic Banking Regulatory Framework (the “Framework”) for the Sultanate of Oman was adopted on 18 December 2012 pursuant to Circular 1B 1 of the CBO. In addition to establishing requirements and parameters for Islamic banks, Section 5 of the Framework addresses investment banking activities. These investment banking requirements and parameters are the subject of this article.


Thursday, March 7, 2013

Bancassurance in Oman

Bancassurance is the arrangement between a bank and an insurance company for the sale of insurance products by the bank. This arrangement is widely used around the world and helps insurance companies maintain smaller sales teams by benefitting from the branch and sales network of their partner banks.