The Case For and Against Tawarruq

Mansoor Jamal Malik of Al Busaidy, Mansoor Jamal & Co discusses the economic circumstances that require lifting the wholesale ban on tawarruq on a case-by-case basis in Oman. The Islamic banking sector in Oman has experienced impressive growth and development since the introduction of the Islamic Banking Regulatory Framework (IBRF) three years ago. The IBRF, while providing a robust and...
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