The Central Bank of Oman (CBO)
No plan to form national Sharia board: Sangour
Fri, 2011-10-07 10:07 — newsdeskThe Central Bank of Oman (CBO) is not planning to arrange a national-level Sharia board to manage the proposed specialised Islamic banks and window operations of commercial banks.
Hamoud bin Sangour Al Zadjali, executive president of CBO told Times of Oman, stated that they will probably demand from the individual banks to set up separate boards and will count on them to take the right judgement on devising (Sharia-compliant) products.
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