Oman Daily Observer

IFN, CBFS host IFN Forum Oman 2017

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WITH College of Banking and Financial Studies (CBFS) as its media and informatio­n partner, IFN returns to Oman in 2017 with the IFN Oman Forum. The Islamic banking sector in Oman has gone through a commendabl­e growth rate, highlighti­ng the growing prominence of Sharia-compliant finance in its economy. Having hosted the IFN Seminar and Dialogue in 2016, the event for 2017 will evolve into a forum with an expected larger number of participan­ts, against the backdrop of further inroads that Oman has made in the industry thus far. Although Oman was one of the last GCC states to join the Islamic finance table, it is clearly pushing forward in its attempt to grow the industry. Listen to market regulators and leading industry experts discuss the opportunit­ies within this sector at the IFN Oman Forum 2017.

The event kicks off with keynote addresses from prominent figures in Oman’s banking and finance industry: Abdullah bin Salim al Salmi, the executive president of the Capital Market Authority; and Hamood bin Sangour al Zadjali, the executive president of the Central Bank of Oman.

The first session is set to provide an insight into Oman’s economic developmen­t and how Islamic finance would be able to advance the country’s Vision 2020, with representa­tives from Bank Muscat, BankDhofar and Bank Nizwa featuring in this highly engaging discussion. The following session will be a strongly anticipate­d one as Omani financial regulators — Muscat Securities Market, Capital Market Authority and Central Bank of Oman — address the legal and regulatory framework that has evolved alongside the growth of Islamic finance activities.

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