Evolution of Oman’s Islamic Banks

Objectives: In the context of Oman, this study attempts to explore goals Islamic banking and comprehend its dynamics in integrated global market. Methods: The examines history banks uses a descriptive case methodology while using narrative about fundamentals banking. A purposeful sampling strategy is used that relates many facets Omani Banking Sector. Findings: found emergence more banks, expansion conventional provide (Shari’a -compliant) goods services through ”special window,” shifting patterns consumer tastes have all contributed Oman’s sector’s rapid growth over last decade (adoption products). During research period, industry continued help businesses prosper an way. Novelty: was still novelty Oman 2010s. However, they are designed serve both followers Islam secularists. They dual presence online offline platforms manage flow money between people businesses. Conversely, it necessary adopt critical approach get assurance bank respects upholds Shari’a law’s values for audience justify whether currently at turning point. Keywords: banks; windows; financial sector; technology; Shari’acomplaint solutions