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

The 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 their effectiveness and discuss how they differ from conventional banks. Your answer should also discuss the role of CBO in regulating these banks.

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