BankDhofar to launch Islamic Banking

BankDhofar has chosen Deloitte & Touche for a market assessment and feasibility study into the launching of an Islamic Window at the Bank. This study comes after the Royal Decree launched last year by His Majesty Sultan Qaboos, which agrees with the establishment of Islamic Banking in the Sultanate.
BankDhofar is committed to the implementation of Islamic financial services and has already invested in some training programmes for its executives providing them with insights into planning and acquiring Islamic banking products and services. The bank has also chosen a new Head of Islamic Banking, to prepare the Bank to manage this new service through dedicated Islamic windows.