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
Thursday, April 17, 2014  

Develop new ways to invest endowments, says Salmi
MUSCAT The Awqaf and Religious Affairs has referred to the importance of improving and developing methods of endowment investments through scientific studies and take advantage of Islamic banks in the Sultanate to find new funding sources consistent with the Islamic law and open partnership with other government agencies to develop endowments to benefit everybody.  

HE Sheikh Abdullah Bin Mohammad Al Salmi, Minister of Awqaf and Religious Affairs, said new ways have to be found to invest endowments to ensure high dividends and not merely follow old formulas. He also said that legitimate aspects should also be taken into account.

Addressing the weekly meeting, Salmi stressed the need to use modern technologies that serve the endowment and charitable side as Zakat, Sadaqah and charity to be accessible and easy for everyone who wants to endow, donate Zakat or Sadaqa and cooperation with Islamic banks in this regard, upgrade the endowments and charity to play its role in serving the community members of various groups.  

Sulaiman Bin Hamad Al Harthy, Director-General of Methaq Islamic banking at bank muscat gave a presentation on possible cooperation with Islamic banks in serving the community and facilitating ways of doing goodness.  

Dr Abdulrahman Bin Sulaiman Al Salmi, Editor-in-Chief of Tafahim  

(Understanding) magazine gave a presentation on the strategic plan for the work of the Ministry of Awqaf and Religious Affairs, which aims at assessing the progress of the work of the ministry, revising the methodology applied and the system in place in all areas to upgrade the managerial and technical performance and develop work product to improve current and future work.  

HE Dr Mohammad Bin Said Al Ma’amary, Scientific Adviser at the Office of the Minister of Awqaf and Religious Affairs gave a presentation on religious tolerance exhibition in Oman, which arrived at its 22nd destination. The presentation reviewed the exhibition progress and its objectives, contents and achievements.  

It was attended by HE Ahmed Bin Saud Al Siyabi, Secretary-General of the Ifta Office, advisers, directors-general and directors of departments in the Ministry of Awqaf and Religious Affairs

Oman News Agency
NEWS UPDATES
Oman
SMEs get recruitment exception
ROP busts drugs smuggling bid
Forum on harmful algal blooms begins
Aster set to open facility in Kochi
Reverse brain drain to benefit India
Plans afoot for medical city near Muscat
Other Top Stories
Jordan destroys 3 ‘rebel’ vehicles crossing from Syria
US likely to slap new Russia curbs
280 missing in South Korean ferry disaster
Iran to get $450m more under N-deal
Somalia redraws security plan for Mogadishu
Middle East
S. Sudan rebels take control of key oil town: Army
Two policemen among six injured in twin bomb blasts in Cairo
No visa for Iran UN envoy, reiterates Washington
New Zealander, Australian ‘killed’ in Yemen drone strike
5 killed as bombers attack Iraq government compound
Business
China growth slows to 18-month low in Q1
Bank Muscat posts Q1 net of 39.76m rials
Crude prices soar on rising Ukraine tension, weak dollar
TCS Q4 profit zooms 51.5% on Europe orders
Mt Gox stares at liquidation as revival bid fails
Galaxy S5 will outsell S4, says upbeat Samsung
Yahoo posts anaemic growth as advertising lags behind rivals
Respite for Roy as Supreme Court ‘willing’ to defreeze Sahara’s bank accounts
Sports
Tired Arsenal struggle past Hammers
Elite Programme for Barakat, Ahmed
Nadal, Federer cruise into third round
Oman to host first GCC U-15 golf tourney
Lewandowski’s landmark for Dortmund
Balushi guides Bank Muscat into last four
Clippers clip Nuggets’ winning streak
Hockey veterans in Oman under one roof

Sports


International

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