Shari'a-Compliant Investment Banking in the Sultanate of Oman

Oman Law Blog of Curtis, Mallet-Prevost, Colt & Mosle LLP

6 Pages Posted: 8 Jun 2013

See all articles by Michael J. T. McMillen

Michael J. T. McMillen

Curtis, Mallet-Prevost, Colt & Mosle LLP; University of Pennsylvania Law School

Date Written: March 13, 2013

Abstract

This article considers a range of topics relating to Shari'ah-compliant investment banking activities under the Islamic Banking Regulatory Framework of the Central Bank of the Sultanate of Oman. The article discusses the seven tiers of investment banking activities under the Framework and provisions relating to investor protection, capital, financial ratios, prohibited activities, approvals to be obtained from the Capital Markets Authority.

Keywords: Islamic banking, banking, investment banking, Shari'ah, Oman

JEL Classification: E50, E58, F00, F02, F20, F21, F23, F30, F34, G00, G10, G15, G18, G20, G21, G24, G28, G30, G38

Suggested Citation

McMillen, Michael J. T., Shari'a-Compliant Investment Banking in the Sultanate of Oman (March 13, 2013). Oman Law Blog of Curtis, Mallet-Prevost, Colt & Mosle LLP, Available at SSRN: https://ssrn.com/abstract=2276272

Michael J. T. McMillen (Contact Author)

Curtis, Mallet-Prevost, Colt & Mosle LLP ( email )

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University of Pennsylvania Law School ( email )

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