Islamic finance is expected to build momentum in Oman as Shari'ah-compliant banks prepare to take on a key role in the government's diversification plans. Funds from high oil prices have replenished government coffers and will kick-start a pipeline of large infrastructure projects aimed at broadening the economy away from its focus on oil. A medium-term strategy of new regulations to promote Islamic banking industry will also provide a boost. With the Islamic departments at some conventional banks now larger than....