Oman Islamic Economic Forum

Muscat, Dec 16 (ONA) – Sayyid Shihab bin Tariq al-Said, will sponsor tomorrow  (Saturday) at al Bustan Palace Hotel the Oman Islamic Economic Forum (OIEF) organized by Amjad Company and lasts for two days.

The OIEF seeks to highlight the steps needed by the Sultanate to develop its Islamic finance sector and Takaful, the elements related to social responsibility in the elements of the Islamic economy.

It also seeks to provide proposals to form a regulatory framework for the Islamic finance sector which in turn will contribute to boosting the growth of the economy in the Sultanate.

The forum will cover a number of themes on the models for regularizing the Islamic banking sector, selecting the best right Islamic banking model for the Sultanate, Islamic banking as practiced by the Islamic banks,

structuring of the Islamic banking products, Sharia issues in banks and Islamic financial, horizons of (Takaful) at the AGCC countries, Arab Islamic market, the role of Zakat, Awqaf and alms in building an alternative Islamic  economic system and the Islamic banks as a mean for Economic reform.

The OIEF will bring together a number of stakeholders – financial practitioners, academicians, business leaders and key decision makers- from within and outside the Sultanate.

The Forum is an ideal opportunity to have an idea about some major personalities and institutions in the Sultanate and establish fruitful long term business relations.

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