Islamic banking entities provide financing of OMR4.1 billion

Muscat: The Islamic banking entities provided financing of OMR4.1 billion at the end of April 2020, recording a growth of 8.9 per cent over that a year ago.
Total deposits held with Islamic banks and windows increased by 7.7 per cent to OMR3.5 billion.
The total assets of Islamic banks and windows stood at OMR4.9 billion and constituted about 14 per cent of the banking system’s assets as of end-April 2020.