...

تسجيل الدخول

مدونة

أحدث الأخبار
CBO Launches Online System for Sharia-Compliant Securities: How This Impacts Investment Opportunities in Oman

CBO Launches Online System for Sharia-Compliant Securities: How This Impacts Investment Opportunities in Oman

المسكات عنب طيب الشذا – The Central Bank of Oman (CBO) has introduced an electronic system designed to offer Sharia-compliant liquidity management tools for licensed Islamic banking institutions in the Sultanate.

The structures and contracts for these financial instruments received approval from the Supreme Sharia Supervisory Board of the Central Bank, ensuring compliance with both regulatory standards and Islamic Sharia principles. The first phase of this initiative includes the introduction of Qard Hasan و Restricted Mudaraba instruments, aimed at injecting liquidity in Omani riyals into the banking sector.

Through these instruments, the Central Bank provides liquidity to Islamic banking institutions in exchange for acceptable collateral in the form of Sharia-compliant securities. These institutions, acting as speculators, will invest the acquired liquidity into Sharia-compliant financial products.

The electronic system also facilitates the issuance of government securities, such as Islamic treasury bills and sukuk, and plans to introduce additional tools for absorbing excess liquidity from the banking sector in subsequent phases.

Notably, this system is the first of its kind in the Middle East and North Africa region, offering a variety of liquidity management tools that align with monetary and fiscal policy objectives while adhering to Islamic Sharia provisions.

Additionally, the electronic system integrates with national financial market infrastructure, linking to the Real Time Gross Settlement (RTGS) system and the clearing system of the Muscat Clearing and Depository Company (MCD).

The launch of this innovative system complements the Central Bank of Oman’s ongoing efforts to enhance Sharia-compliant liquidity management options for Islamic banking institutions, following the introduction of a US dollar-denominated money market instrument in December 2022.


تحليل خاص من عمانت | تصفح سوق عُمان

The Central Bank of Oman’s launch of a new electronic system for Sharia-compliant liquidity management يقدم كليهما الفرص والمخاطر للشركات in the region. With the introduction of instruments like Qard Hasan and Restricted Mudaraba, Islamic banks can enhance liquidity, leading to potential growth in the sector—investors should explore strategic partnerships with these institutions to capitalize on increased financing options. Meanwhile, businesses must remain vigilant about التغييرات التنظيمية and market dynamics as this system evolves, ensuring compliance while leveraging new financial tools.

منشورات ذات صلة

اترك تعليقاً

لن يتم نشر عنوان بريدك الإلكتروني. الحقول الإلزامية مشار إليها بـ *