Muscat: The total assets of Islamic banks and windows in the Sultanate of Oman rose to approximately 9.2 billion Omani rials, representing 19.5% of the total assets of the banking sector by the end of October 2025, marking an increase of 10.8% compared to the same period last year. According to Yemen News Agency, the total outstanding financing granted by these entities increased by 10.4% to reach approximately 7.4 billion Omani rials. Deposits at Islamic banks and windows also increased by 11.9% to reach approximately 7.3 billion Omani rials by the end of October 2025.
Related Articles
1,700 Millionaires Depart from Israel Amid Economic Concerns
Tel Aviv: Israeli Channel 13 confirmed on Tuesday that 1,700 millionaires have left the Zionist entity in occupied Palestine over the past year. The departure of these individuals is seen as a significant event with potential implications for the coun…
American Congresswoman Warns of Imminent Financial Collapse, Says U.S. May Not Survive as Nation
Washington: Republican Congresswoman Victoria Spartz of Indiana has warned of an imminent financial collapse, stating that the United States will not survive as a nation unless it adopts sustainable fiscal policies. During an interview on MSNBC on Thu…
Oil Prices Surge to Month-and-Half Highs Amid Trading Spike
Sana’a: Oil prices saw a significant increase in Monday afternoon trading, with US crude reaching its highest level in approximately a month and a half, specifically since April 22. By 2:52 PM Sana’a time, West Texas Intermediate (WTI) crude futures f…