It is our privilege to be extending this invitation to you. Please mark your calendar for 11/11/2020, 11am for one of our firms’ prestigious and dynamic events in partnersh…

Webinar on Oman VAT Introduction and other tax updates

VAT will be implemented in the short term and many other tax changes will happen in the next few months. Dhana Pillai, Al Has…

Don’t miss the second instalment in LexisNexis Middle East’s COVID-19 Middle East Updates Series, where regional experts discuss how each hashtag#GCC country is responding to the pandemic and wha…

On 20 April, LexisNexis Middle East and Omani British Lawyers Association delivered a webinar where Dhana Pillai from Al Hashmi Law discussed recent legal updates in Oman in its fight against #COVID_19. Duri…

The assessment year (AY) 2007 saw the introduction of various tax incentives for Islamic finance transactions in Malaysia, whether banking or Takaful. The incentives were originally made available un…

In Oman, Islamic financial transactions (IFTs) are taxed ‘at par’ with conventional financial transactions (CFTs). For tax policymakers, at times, achieving ‘at par’ taxation …

The Muscat Securities Market (MSM) periodically reviews the financial and business activity of companies whose stocks are listed on the secondary market of the Shariah compliant stock index and makes…

2018 showed a robust growth among the Islamic banks. It began with the promulgation of the Real Estate Investment Fund (REIF) law which enables the units issued by the REIF to be Shariah-based. Accor…

One of Oman’s prestigious projects, the Duqm Refinery project as reported by the company has availed US$4.61 billion of Shariah compliant project financing involving 29 financing institutions f…

Islamic banks in Oman have recorded a robust year-on-year growth in assets of over 14%, surging to OMR4.1 billion (US$10.62 billion) from OMR3.56 billion (US$9.22 billion) a year ago while total fina…

The Central Bank of Oman (CBO) has announced the launch of an Islamic liquidity management project on the 24th July 2018. The project aims to develop effective tools and solutions for the liquidity m…

The Muscat Securities Market (MSM) periodically reviews the fi nancial and business activity of companies whose stocks are listed on the secondary market of the Shariah compliant stock index and make…

The figures released by the Central Bank of Oman (CBO) in its monthly statistical bulletin for March 2018 revealed a faster growth rate for Islamic banking compared to conventional banking…