Omantribune
Oman Tribune
Omantribune
Omantribune Search News
Web Oman
    Google Search Button
      Tribune
- Oman
- Soccer World Cup
- Other Top Stories
- Middle East
- Business
- Sports
- India
- Pakistan
- Asia
- Europe
- Americas
- Columnists
- Editorial
- Oman Mirror
- Special Features
- Cinema
- PDF Pages
- Weather
- Travel
- Currency Rate
- Hospitals
- Pharmacies
- Services
- Flight Timings
- Museum Timings
Omantribune Home Omantribune About Us Omantribune Advertising Information Omantribune Archives Omantribune Subscribe-Form Omantribune Jobs Omantribune Contact Us
Wednesday, October 22, 2014  

Oman Islamic Economic Forum to be held in Dec.
By Staff Reporter

MUSCAT The first Oman Islamic Economic Forum 2011 (OIEF) will be held at the Al Bustan Ritz Carlton Muscat Hotel on December 17 and 18.

Organised by Amjaad Development, the event will be the first international conference of its kind in the Sultanate.

The OIEF will bring together leading practitioners, prominent heads of state and opinion-making academicians and introduce best practices in Islamic finance to Omani authorities and other relevant players, while discussing key issues in Islamic finance. The conclave will also provide an opportunity for interested foreign stakeholders to network with key Omani players and establish long lasting relationships.

Tun Abdullah Bin Haji Ahmad Badawi, former prime minister of Malaysia will be an important keynote speaker at the OIEF.

Bank Nizwa will be the strategic partner for OIEF.

Bank Muscat and Al Madina Financial and Investment Services Company will be the main sponsors of the event. CIBAFI, Islamic Finance News and CNBC Arabia will also take part in the event.

“We want to develop Bank Nizwa into a new model for Islamic banking to merge world-class professional performance with faith-based social responsibility to the core of our business,” said Ahmed Saif Al-Rawahi, chairman of the founding committee of Bank Nizwa.

“We have entered into a strategic partnership with Amjaad Group to hold the OIEF because we believe that our commitment to Shariah-based financial services and Amjaad’s organisational professionalism will make a success of the forum, create broad awareness of Islamic finance in the Sultanate, showcase our country’s potential to the industry and lead to new trends in Islamic banking,” he added.

According to Khalid Hilal Alyahmadi, chairman of Amjaad Development, after the recent global financial crisis, more and more emerging economies are looking to explore Islamic finance, paving the way for commercial opportunities for local corporations and international banks. Islamic banking is only one part of the Islamic economic structure, but is definitely a good start. Gradually, and in accordance with a well-defined and structured plan, the entire Islamic economic infrastructure can be put in place”.

On selecting Oman as the venue of the forum, Alyahmadi said that the Sultanate had the potential to become a regional centre of excellence for Islamic finance, “but we shall start from the level where others have reached already and not from scratch.”

A highlight of the OIEF will be the annual global Islamic finance awards (GIFA), which as based on an objective proprietary methodology developed by Edbiz Consulting.

Oman Tribune
NEWS UPDATES
Oman
MED2020 conference to discuss advances in medicine, surgery
ISC organises Diwali fair
Visit Richwood Antiques today without appointment
Omani Media Days expo starts in Paris
Researchers to be honoured
Sunaidy checks facilities at Al Madina Logistics
Tanzanian official visits Sohar Estate
Other Top Stories
US may okay more centrifuges in Iran N-talks
Nadella’s pay tops $80m with big stock awards
Syria military response may fuel extremism: UN
Palestine to join world bodies, if UN resoultion fails
French device ‘helps doctors detect Ebola in 15 minutes’
India
Decks cleared for e-auction of coal blocks to firms
Make paid news poll offence, put ceiling on campaign spending: EC
Modi to spend Diwali with flood-hit in Kashmir
Pakistan’s objection derails UN convention on terrorism, says Doval
Kerala seeks legal help in Isro case
Nokia staff want to roll out Amma cell phones
Khattar to take oath as first BJP CM in Haryana
RBI tells banks to partially freeze KYC non-compliant accounts
BJP set to form government in Maharashtra after Diwali
Disclosures on black money ‘will embarrass Congress’
E-companies bring smiles to faces of rail passengers
Agencies keep watch on terror threat: NSA
Pakistan
TTP sacks spokesman for supporting Baghdadi militia
Robbery ‘appals’ Edhi, ex-staffer on suspect list
New airport project in Gwadar gets green signal
Imran vows to end sit-in if Sharif reveals details of assets
Solar radiation measuring station opens in Punjab
Beggars bear brunt of terror crackdown
Middle East
Top cleric’s death leaves gap in Iranian power structure
War-hit Gazans downbeat on promised aid
Sudan ruling party chooses Bashir as poll candidate
Egypt plans cash sops to offset subsidy cut impact
Syrian stones daughter to death in video
Anbar turns militia’s key target
Asia
HK leader offers olive branch to lure protesters
Search resumes for survivors a week after Nepal blizzard
Runaway teen threatens Abbott in terror video
House approves bill granting credit assistance to OFWs
Reforms to be tested as Myanmar poll set for ’15
China to plug ‘gift’ loophole to tackle graft
Business
OOC in talks to buy minority stake in Oxy’s Oman assets
OCCI supports faster economic diversification
Call to focus on EOR, tight gas
India to let private firms in coal mining
Financial Tech to absorb scam-hit NSEL, liabilities
Falling oil lights up India economic outlook
India move to deregulate diesel prices credit positive, says Moody’s
iPhone sales better than expected but iPad volumes slide
China hackers may have attacked iCloud
JLR opens first foreign unit in China
Europe
Moscow, Kiev and EU struggle to end gas price dispute
Total CEO killed in Moscow plane crash
Istanbul varsity a hotbed for rival protests over Baghdadi militia
Turkey boosts hacking probe
‘Abu Hamza aide’ extradited to US is mentally ill
Sports
Mixed feelings over Pistorius sentence
De Villiers leads SA to victory
Blind helps United come off with draw
Rohr resigns as Niger coach after poor show
India’s oldest football club faces cash crunch
End of 2022 is Blatter’s chance to make amends
Scotland scales four shots clear at top
BCCI suspends Windies’ tours
Al Harthy makes Porsche GT3 Cup return
Watson set for summer of cricket after injury layoff
Marsh, O’Keefe to herald new dawn in Aussie cricket
Wozniacki stuns Sharapova in WTA Finals
Americas
US issues tighter rules for Ebola health workers
Canadian who mowed down soldiers has terror links: Police
Californian charged with murder of Saudi student
Rising cyber attacks prompt US to revamp security prosecution team
Court suspends judge over porn scandal
Autistic student bullied at school, on social media

Sports


International

© 2013 Oman Tribune. All rights reserved. Best viewed in 800 X 600 resolution