Oman’s Islamic banking sector has amassed $18.25 billion in assets

Oman’s Islamic banking sector has done really well. The banks that follow Islamic rules have earned a lot of money—$18.25 billion to be exact! This means they have a lot of valuable things, like money and buildings.

The banks gave money to people and companies to help them, and they also got money from people who saved it with them. The special thing about these banks is that they follow Islamic laws on how to do business. The central bank of Oman said that these special banks gave out more money this year compared to last year, and they also got more money saved with them.

The central bank also talked about different kinds of money—some that people can use right away and some that are not as easy to use. The report also said that regular banks gave out more money to people and companies, and they invested money in different things.

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