AED717 Billion Islamic Finance Industry Comes to Oman
The Islamic finance industry is currently valued at AED3.65 trillion (US$1 trillion) worldwide, of which AED717 billion (US$210 billion) is invested in the Middle East. Following the royal decree by His Majesty Sultan Qaboos bin Said Al Said authorizing Sharia-compliant financial products in Oman, International Turnkey Solutions (ITS), a global leader in Islamic banking technology solutions successfully concluded its first 'Oman Islamic Banking Conference 2011,' attended by over 80 banking decision makers, Islamic banking experts and financial organizations.
View full press release