Aabar-led group plans Islamic bank in Oman

A group from Aabar Investments plans to set up the first Islamic bank in Oman - Al Izz Islamic Bank. The promotion of the bank is conducted under the supervision of Abu Dhabi's Aabar , Oman's Huriah Company and Dubai-based Tasameem Real Estate Company. The bank's role will be to provide comprehensive business and retail Islamic banking solutions in accordance with Omani law.