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.
Showing posts with label Shariah Supervisory Board. Show all posts
Showing posts with label Shariah Supervisory Board. Show all posts
Wednesday, March 13, 2013
Shari'a-Compliant Investment Banking in the Sultanate of Oman
Thursday, February 28, 2013
Sukuk in the Sultanate of Oman
Licenses have now been issued by the Central Bank of Oman (the “CBO”) for some Islamic banks and windows in the Sultanate of Oman. Islamic banking, finance and investment activities have commenced. Banks, each to their shared and separate visions, are avidly pursuing realization of market opportunities and provision of Islamic financing services. There is considerable discussion, in the private sector and among regulators, regarding investing in and issuing sukuk and developing the “finance side” of the Islamic capital markets. The early focus on the sukuk markets is to be expected, given that the sukuk markets are the largest and most rapidly growing area of Islamic finance.
Subscribe to:
Posts (Atom)
