Oman central bank rules out Shariah advisory board
On October 7, 2011 · In Islamic Banking, Islamic Finance, Oman, Shariah Banking, Shariah Boards, Shariah Finance
The good news is that Oman is not establishing a centralized Shariah advisory board inside its central bank. Such a board could quickly become very powerful–too powerful.
The bad news, of course, is that Shariah Compliant Finance has made its way to Oman, an historically modern country not held back by Shariah.