Central Bank of Oman (CBO)
Do I need a licence to offer Buy Now Pay Later (BNPL) in Oman?
Content reviewed 2026-08-31 · How we check sources
Short answer
Yes — BNPL is inside the Central Bank of Oman's regulatory perimeter. The CBO now publishes a dedicated Licensing & Regulatory Framework for Buy Now Pay Later, so a fintech should obtain the applicable CBO approval or licence before offering BNPL commercially in Oman.
What this means
Oman treats BNPL as a financial activity rather than an unregulated checkout feature. The regulatory analysis therefore follows the provider and financing structure: who extends the credit, who contracts with the customer and whether a licensed bank or finance company is involved.
A fintech that only supplies technology to a licensed financing provider may have a different perimeter from a fintech that itself provides the BNPL facility. The commercial branding alone does not determine which party carries the regulated activity.
The CBO previously consulted on a draft BNPL framework and now lists the Licensing & Regulatory Framework for BNPL in its Laws & Regulations section. Because the framework has evolved, implementation details should always be checked against the latest CBO instrument before launch.
The published framework specifies OMR 250,000 minimum paid-up capital and a financing-exposure ceiling of ten times capital. The financial guarantee is the higher of OMR 10,000 or 2% of paid-up capital, capped at OMR 100,000 (sections 6.4–6.6).
Official sources
Primary rule checked for this update ↗CBO — Licensing & Regulatory Framework for Buy Now Pay Later ↗CBO — Banking Law and current laws & regulations ↗Some source links need review. The content-review date above is separate from link availability.
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Regulatory research, not legal advice. This answer has the scope and review date shown above; your institution decides applicability.