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
Muscat Stock Exchange Rises as Local Investment Institutions Increase Purchases
Muscat: The Muscat Stock Exchange’s main index resumed its upward trajectory last week, following a one-week decline, driven by increased purchases from local investment institutions focusing on banking, energy, and industrial stocks.
According to Y…
Muscat Stock Exchange Index Closes Up 0.32%
Muscat: The Muscat Stock Exchange (MSX30) closed today at 5,089.01 points, marking an increase of 16.2 points or 0.32% from the previous session, which stood at 5,072.81 points.
According to Yemen News Agency, the trading value on the exchange reache…
Eurogroup Warns of Escalating Economic Crisis Amid Ongoing Conflict in Middle East
Eurogroup: European economic crisis deepens with prolonged war on Iran: Eurogroup President Kyriakos Perakakis warned on Friday, during high-level discussions in Cyprus, that the economic crisis in Europe will deepen with the continuation of the war o…