Reference no: EM132525299 , Length: word count:3000
UG090 OBL Omani Business Law - College of Banking and Financial Studies
A Study On Recent Amendments On Omani Business Law, Objectives Of Banking Law, Islamic Banking Structures, Difference Between Islamic Banking And Conventional Banking.
Part 1:
You are a Legal Trainee with Reliable Legal Services (An international Legal firm having one of their branches in Oman.) The firm offers advice on law and legal system and key legislations on business. The senior partner of your firm Mr. Suhail has asked you to produce a handbook on recent amendments in the Business Laws of Oman in order update the firm's law library and to enhance the quality of advice and guidance the firm offers to its valued clients. The handbook should explain the amendment made by the government in following areas:
1. Amendments to the Income Tax Law issued on 27 February 2017 (via RD 9/2017) & Executive Regulations of the Income Tax Law (MD 30/2012) published in the Official Gazette on 10 February 2019.
2. The Consumer Protection Law (the "CPL"), enacted pursuant to Royal Decree 66 of 2014 which has repealed Royal Decree 81 of 2002 and its related Executive regulations
3. Amendments to Commercial Companies Law (The New CCL), issued vide RD No.18/2019 issued on13 February 2019 which has repealed the RD4/1974(old CCL).
Part 2: Answer the following questions
1. The Banking sector is the lifeline of any economy in the world. The Banking Law of Oman was issued vide RD 114/2000 on 13 December 2000. You are required to state the objectives of the Banking Law of Oman? (8 marks)
2. "Islamic Banking Regulatory Framework was issued on 18th December 2012 which permitted the undertaking of Islamic banking activities in Oman using specific structures. You are required to explain the different structures used by Banks in Oman to Offer Islamic Banking products and services.
Attachment:- Omani Business Law Assignment.rar
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UG090 OBL Omani Business Law Assignment
: UG090 OBL Omani Business Law Assignment Help and Solution, College of Banking and Financial Studies - Assessment Writing Service
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Record the purchase of the equipment
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How will decision affect the firm sales and profits
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Find the original principal and the simple interest rate
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