Forum on Islamic Economics, Social Investment on Feb 21

INNOVATIVE: Forum to strengthen finance, Islamic banking and concepts of Endowment

MUSCAT: An international forum on Islamic Economics and Social Investment will be held on February 21, Tuesday, at Shangri-La Barr Al Jissah Resort and Spa in Muscat under the patronage of Shaikh Khalid bin Omar al Marhoon, Minister of Civil Service.

International and regional specialised institutions will take part in the forum in order to strengthen finance and Islamic banking and consolidate the concepts of Waqf (Endowment) and the innovative Islamic economics in the Sultanate.

The forum, which hosts international and local speakers and experts, aims to discuss the best Islamic investment practices to contribute to the economic prosperity, to act as a platform for the dissemination of knowledge, and exchange of information and experiences to be applied in the social and economic agenda for the community’s development and to prepare for a new stage in light of changes in the financial system in the world.

The forum is organised by Al Ghazali Investment Company, and implemented by Aliens Company for Marketing Communications in Oman, in cooperation with the World Bank, the Islamic Development Bank and the Global SME Finance Forum.

The forum comes as a dialogue platform to launching new ideas that highlight the best practices in endowment field as one of the foundations of Islamic economics at the moment.

The forum addresses several key themes and discussion sessions where the focus is on endowment, support of small and medium enterprises (SMEs), the challenges and opportunities for increasing efficiency of endowment funds, models of modern Islamic finance and endowment and the search for alternatives for Islamic finance to small and medium projects.