Question: 2. Islamic Banking Regulatory Framework was issued on 18th December 2012. It allowed to undertake Islamic banking activities in Oman. Critically evaluate the Islamic Banking

2. Islamic Banking Regulatory Framework was issued on 18th December 2012. It allowed to undertake Islamic banking activities in Oman. Critically evaluate the Islamic Banking models adopted in Oman to deliver Islamic Banking products and services to their customers with its effectiveness and discuss how it differs from conventional banks. Your answer should also discuss the role of CBO in regulating these banks. (20 marks)

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