Ahlibank CEO clarifies on Islamic banking strategy

Abdul Aziz al Balushi, CEO of Ahlibank, said that the bank may convert some of the existing conventional branches to Islamic banking ones or may open more new Islamic banking branches. He added that services, products and dealing of Ahlibank's Al Hilal Islamic Banking Services are built on the tenets of truth and transparency, and are in accordance with sharia principles. Ahlibank is confident that Islamic banking will be a great success in Oman.