DEVELOPING MECHANISM OF FINANCIAL SYSTEM FOR ISLAMIC BANKS IN SULTANATE OF OMAN

Authors

  • Mohammed Babiker Mohammed Ahmed Lecturer of Accounting & Finance, Oman College of Management and Technology, Administrative and Financial Science Department Author
  • Yahya Ahmed Al-Sarhan Lecturer of Accounting, Oman College of Management and Technology, Administrative and Financial Sciences Department Author

Keywords:

IB, CBO, GCC

Abstract

The aim of this research paper is to study the mechanism of financial system development among Islamic
Institutions, since these institutions are started late in Oman comparing to other GCC Countries. Therefore, the
financial systems of these banks are under development and Central Bank of Oman playing a big role in
regulating and monitoring both Islamic and Commercial Banks in terms of financial procedures & investment
policies.

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Published

2018-02-28

Issue

Section

Articles