Head to head: Hamood Al Zadjali, executive president of the Central Bank of Oman
Islamic finance is set to take off in Oman. The country’s ruler Sultan Qaboos bin Said Al Said first authorised the establishment of Islamic banking in May 2011 following popular demand. IFIS spoke to Hamood Al Zadjali, executive president of the Central Bank of Oman, to discuss the development of Islamic finance in the Sultanate and the CBO’s expectations and future plans for Islamic banking.
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