IFRS 16 Lease Accounting in Oman
Localized lease accounting automation, contract intelligence, and audit-ready disclosures for financial institutions in the Sultanate of Oman
Oman IFRS 16 Requirements
The Central Bank of Oman (CBO) mandates IFRS 16 compliance for all licensed banks and financial institutions. Oman adopted IFRS 16 in 2019, with CBO providing detailed guidance on lease identification, measurement, and disclosure requirements.
Central Bank of Oman (CBO)
Primary regulator for IFRS 16 implementation and lease disclosures
Annual Lease Disclosures
Comprehensive lease portfolio disclosures in financial statements
Islamic Banking Lease Types
Specialized treatment for Ijara and Islamic lease structures
Oil & Gas Sector Focus
Sector-specific lease considerations for energy infrastructure
Key Compliance Milestones
ContractHive for Oman Banks
AI-powered lease accounting automation tailored to CBO regulatory requirements and Omani market conditions
CBO Disclosure Templates
Pre-configured outputs matching Central Bank of Oman lease disclosure requirements
Islamic Banking Support
Specialized processing for Ijara and Islamic lease contracts
Arabic Language Processing
Advanced contract processing for Arabic lease documents
Trusted by Leading Omani Banks
FineIT's ContractHive serves multiple Omani banks with CBO-compliant IFRS 16 solutions. Our regional presence ensures deep understanding of Oman's banking sector and oil-dependent economic structure.
Benefits for Oman Institutions
Proven advantages from our Omani ContractHive clients
Frequently Asked Questions - Oman
Common questions from Omani financial institutions
Partner with FineIT for IFRS 16 Compliance in Oman
Join leading Omani banks using ContractHive for automated lease accounting