Case Study

Bank Dhofar

Bank Dhofar

Pages 1 Pages

Case Study: Bank Dhofar It was also eased by the fact that Islamic banking is a new initiative in Oman, so there was little customisation required to the system to make it compliant with local regulations. 'This sort of business is very new to this country, so we had to mostly adapt to the standard system,' says Nair. He adds that the local accounting standards are standard for Islamic banking so this is something encompassed by iMAL. However

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