MUSCAT: The event will take place on September 29 and will be organized by TAS in collaboration with the Financial Services Authority (FSA) as the Strategic Partner and Oman Banks Association as the Logistics Partner.

Alizz Islamic Bank, one of the first dedicated Islamic banks in Oman, will serve as the main patron of the conference. The event will focus on ‘Islamic Financial Transactions and Economic Stability’ and will feature insightful discussions on various aspects of Islamic banking and endowment investment sectors, including operational risks, regulatory frameworks, monetary stability factors, and the role of digital transformation. It will also provide a platform to explore investment opportunities, governance principles, and future prospects for both sectors.

Ali Al Mani, Chief Executive Officer of Alizz Islamic Bank, expressed the Bank’s interest on the collaboration, stating, “We are committed to continually support partners who align with our vision of driving growth and development of the Islamic banking sector in Oman. By participating in such initiatives, we aim to contribute to the national economy and enhance financial inclusion”.

“This event provides a unique opportunity to highlight the significant contributions of Islamic banking to the economic stability of Oman. We look forward to engaging with industry leaders and stakeholders to explore innovative solutions and drive the growth of Islamic finance in the region,” he added.

Expressing his delight in collaborating with such a prestigious banking institution for the upcoming event, Nishad Padiyarath, CEO of TAS, said, “We are thrilled to have Alizz Islamic Bank as the main sponsor for Themar Islamic Banking Conference. Their support is a testament to their commitment to the industry and their belief in the conference’s objectives. Together, we aim to create a platform for knowledge sharing, networking, and recognizing excellence in Islamic banking.”

He further pointed out that the conference aims to address critical issues surrounding Islamic financial transactions and their impact on economic stability. “We are excited to provide a platform for meaningful dialogue and collaboration that will contribute to the sustainable growth of Oman’s economy and the prosperity of its citizens,” he added.

Alongside the conference, the highly anticipated ‘Themar Islamic Banking Excellence Awards 2024’ will celebrate outstanding achievements in Shari’a-compliant financial services, with a distinguished panel of judges comprising experts, specialists, and prominent personalities from Oman’s national economy evaluating nominations under eight designated categories.

The awards aim to recognize the contributions of outstanding Islamic financial institutions and honor distinguished individuals in related sectors.

With the Themar Islamic Banking Conference and Excellence Awards, The Arabian Stories aims to foster dialogue, promote best practices, and drive the growth and sustainability of Islamic finance in Oman.