BankMuscat to Start Separate Islamic Banking Unit, ONA Reports

BankMuscat SAOG (BKMB), Oman’s biggest bank by assets, plans to set up a separate Islamic banking unit to be known as Meethaq, the state-run Oman News Agency reported, citing a statement from the Muscat-based lender.

To contact the reporter on this story: Gordon Bell in Johannesburg at

To contact the editor responsible for this story: Shaji Mathew at

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.