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20 Apr 2020

CORONAVIRUS (COVID-19) MIDDLE EAST UPDATES - OMAN

 

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...

20 Apr 2020

Legal updates in Oman

 

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...

20 Apr 2020

Changing Dynamic of Internal Auditing Profession

 

Changing Dynamic of Internal Auditing Profession’ at the Taheel Launch organized by Capital Market Authority held on 15th October 2019 in Kempinski Hotel

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17 Apr 2019

Tax incentives for Islamic finance transactions in Malaysia extended until 2020

 

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 The incentives were originally made available un...

06 Mar 2019

Tax neutrality for Islamic Financial transactions in Oman

 

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

05 Dec 2018

Muscat Securities Market releases Q2 2018 Shariah compliant stock index

 

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...

05 Dec 2018

Islamic financing in Oman may accelerate with the energy and utility projects

 

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...

14 Nov 2018

Islamic financing for Omanís Duqm Refinery project

 

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...

26 Sep 2018

Central Bank of Oman releases quarterly bulletin report on Islamic banks

 

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...

22 Aug 2018

Meeting liquidity expectations in Omanís Islamic banking sector

 

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...

01 Aug 2018

Muscat Securities Market releases Shariah compliant stocks

 

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...

04 Jul 2018

Growth rate of Islamic banking surpasses conventional banking in Oman.

 

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.<...