In Norway, sharia-compliant banking currently accounts for a zero share of Norway's financial sector. Recent estimates expect that Islamic financial assets in Norway could reach more soon.
Norway is preparing the legal framework for Islamic finance products such as the issuance of Islamic bonds (Sukuk) and in order to help financing Norway's muslim SME it will promote Sukuk, Takaful (Islamic insurance) and halal microcredit.
Currently, Norway has got no fully operational Islamic banks which serve retail and islamic corporate banking offering halal financing products such as Ijara, Ijara-wa-iqtina, Mudaraba, Murabaha and Musharaka.
NORWAY ONLINE SHARIA BANK