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 01, 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
Student company Juthoor wins top Sharikati award
Onsecs celebrates 40th anniversary
Ma’awali hosts women journalists
Mineral sector offers many opportunities
Oman Air unveils new services for first, business class fliers
Other Top Stories
Anger boils over as settlers occupy Palestinian homes
Myanmar sticks to controversial Rohingya plan
27 candidates in Tunisia presidential poll
Likely import of IS idealogy worries SE Asia
India
Special sitting to hear Jaya bail petition today
Officer who raked up ‘Snoopgate’ against Modi arrested in graft case
Government tightens grip on illegal Chinese cracker import
‘Golden Triangle’ gives tough test for parties in Maharashtra
Modi to wield broom for cleaning mission
56pc of country’s users addicted to Internet
India, US natural partners, says Modi
Country’s terror not home-grown: PM
One in 5 girls faces sexual assault
Petrol price cut by 54 paisa per litre
Pakistan
PML-N to support PTI renegade Hashmi in Multan by-elections
16,000 kids fail to get polio jabs as kin say ‘No’
China to help start $130m wind power plant in Sindh
Bilawal to start democratic journey, hold rallies in Punjab
Madonna helps activist set up Dream School in Karachi
Online harassment of women on rise
Middle East
Kuwait reforms on track, state subsidies reduced, says IMF
US air raids hit support base of FSA offshoots
Iran pledges equipment for Lebanon army to battle terror
Syria refugees in Lebanon face ‘rising violence’
Haj pilgrims see IS as virus threatening world
Syrians fleeing IS offensive try luck in LatAm
Asia
HK activists set for long haul
Australian cops arrest terror funder in raid
US signs historic pact to keep troops in Afghanistan after 2014
Thai tourists to get safety wristbands
Japan halts volcano search over fresh eruption fears
Filipino couple jailed over ‘crush videos’
Business
Italian firm signs deal to help PEIE develop Ibri Logistics Area
Higher Opec supply, strong dollar hit Brent
Gulf economies’ growth to quicken in 2015 despite sliding oil
NBO to raise $500m through 5-year bonds
India leaves interest rates unchanged
RBI keeps rates on hold to take on inflation
Microsoft to tap India cloud market
Asian buyers cut down on Iran crude imports
RBI seeks to lower undue volatility in rupee exchange rates: Rajan
Amanat looks to raise $374m via Dubai IPO
India core industries rise 5.8%
Europe
Cameron backs UK’s stay in EU for ‘pragmatism’
UKIP snags Barnes in fresh blow to Tories
Catalonia launches legal battle after suspension of referendum
UK mulls steps to check extremist groups, radical preachers
Killings shake Ukraine truce
Octogenarian dupes EU court over suicide law
Sports
Lions succumb to Perth Scorchers
Omani youth and expats to play in Div. A
GCC women’s cricket in Oman
Newcastle yet to taste win in six games
Under-cooked Man United consider extra friendlies
‘Beaten up’ Santos to play for FC Goa in ISL
Narine reported for suspect action
SA include Philander in tour squad
Djordjevic ’tricks as Lazio trump Palermo
Doping takes gloss from Games
Nishioka ends Japan’s 40-year title drought
India, Pakistan to clash in final
Bone-crunching kabaddi a knockout hit
Nadal powers past Gasquet in Beijing
Americas
US Congress vote on campaign against IS likely to be delayed
Rousseff extends lead over Silva in election race
US beheading suspect charged with murder
White House breach unacceptable: Secret Service chief
Man charged with selling smartphone spying app
Foley picture removed from ad after uproar

Sports


International

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