MUSCAT : The event will be held in collaboration with the Financial Services Authority (FSA) and Muscat Stock Exchange as Strategic Partners and Oman Banks Association as the Logistics Partner; with Bank Nizwa powering the event and Alizz Islamic Bank serving as the main sponsor.
Expressing excitement about the OIA President’s patronage, Nishad Padiyarath, CEO of TAS, stated, “This is indeed a momentous occasion for us. While we envisioned this event as a grand celebration of the Islamic banking sector in Oman, the overwhelming response from various quarters, including the public sector, has exceeded our expectations. We are committed to presenting an event that will set a new benchmark and look forward to welcoming our esteemed chief guest, judges, and top leaders from the banking and finance world.”
This inaugural edition aims to underscore excellence and innovation within the Islamic banking and endowment investment sectors in Oman.
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The Themar Islamic Banking Conference will focus on ‘Islamic Financial Transactions and Economic Stability.’ Complementing the conference, the ‘Themar Islamic Banking Excellence Awards 2024’ will honor outstanding achievements in Sharia-compliant financial services.
A distinguished panel of judges, including His Highness Dr. Adham Al Said, Assistant Professor at Sultan Qaboos University’s College of Economics and Political Science; Dr. Siham Al Harthy, Chairman of Sama Real Estate Company and Board Member of the Oman Chamber of Commerce and Industry; Dr. Ashraf Al Nabhan, former Chairman of the Muscat Securities Market; and Dr. Ahmed Kashoub, Chairman of the Index Center for Economic and Financial Consultations, will evaluate nominations across eight categories. These include Best Islamic Bank, Best Islamic Banking Window, Best Sharia-Compliant Investment, Best Takaful Financing and Insurance Companies, Best Islamic Banking Personality (CEO/General Manager), Digital Transformation, Sustainability, and Startups.
The awards aim to provide a transparent platform for financial institutions to showcase their achievements in sustainable development and innovation, thereby contributing to the national economy. Participation is open to individuals and institutions offering Sharia-compliant investments or services, provided they have been operational for at least three years, with investment and endowment funds or programs established for a minimum of two years.
The Themar Islamic Banking Conference is expected to set new standards in the sector with its agenda of interactive discussions and talks. The conference will cover various aspects of Islamic banking and endowment investments, including operational risks, regulatory frameworks, monetary stability, and the impact of digital transformation. It will also offer opportunities to explore investment possibilities, governance principles, and future prospects for both 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.
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