Oman is a relative newcomer in the Arab world to Shariah-compliant finance, but now the sultanate is jumping in with both feet.
An example is the symposium linked below which promotes the marriage between Shariah finance and zakat. We include this link primarily because there are still some who deny any linkage between Shariah finance and the Islamic system of tithing known as zakat.
Why the denial?
Because, as we at SFW have pointed out many times, zakat can and does sometimes fund jihad, as per Islamic law (Shariah)…