✉news BusinessRetail first seen 20 h ago, last 15 h ago, peak #17
Bank Muscat opens Shari'a money market fund to retail investors
Original: Bank Muscat opens Shari'a money market fund to retail investors from RO 100
Bank Muscat has opened its Shari'a-compliant money market fund to retail investors, with a minimum entry of 100 Omani rials. The move gives ordinary savers in Oman access to a low-risk, Islamic finance product that was previously limited to larger or institutional investors, and underscores the bank's push to broaden participation in Shari'a-compliant investment products.
Why now: Bank Muscat lowering the entry point for its Shari'a fund makes Islamic money market investing newly accessible to small retail savers.
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