Islamic Banking Entities Provide Financing of RO4.1 Billion till April 2020

Muscat, The Islamic banking entities provided financing of RO4.1 billion at the end of April 2020, recording a growth of 8.9 percent over that a year ago.
Total deposits held with Islamic banks and windows increased by 7.7 percent to RO3.5 billion.
The total assets of Islamic Banks and Windows stood at RO4.9 billion and constituted about 14 percent of the banking system’s assets as on end-April 2020.

Source: Oman News Agency