MUSCAT : This prestigious event, scheduled for September 30 at the Intercity Hotel, Muscat, will bring together industry leaders, experts, and stakeholders to discuss the critical role of Islamic finance in ensuring economic stability.

His Excellency Abdulsalam Al Murshidi, President of the Oman Investment Authority, will grace the event as the chief guest. His presence underscores the conference’s significance in advancing discussions on Islamic finance and its contribution to sustainable development.

Powered by Bank Nizwa, the leading Islamic bank in Oman, the conference is being presented in collaboration with the Financial Services Authority (FSA), Muscat Stock Exchange and Oman Banks Association, with Alizz Islamic Bank serving as the main sponsor.

Haitham Al Salmi, Chief Executive Officer of Muscat Stock Exchange, will deliver the keynote address, sharing his valuable insights on the intersection of Islamic finance and capital markets.

Discussions will cover a wide range of topics, including operational risks, regulatory frameworks, monetary stability factors, digital transformation, governance principles, investment opportunities, and the role of technology in Islamic finance.

Highlighting the significance of the event for the Islamic banking sector in the country, Nishad Padiyarath, CEO of TAS, said, “We are excited to bring together industry leaders and experts to discuss the vital role of Islamic finance in our economy. Themar will prove to be a benchmark for all future events on banking and finance, as we have lined up an impressive list of speakers and panellists to deliberate on the challenges and opportunities in the Islamic banking sector.”

Attendees at the event can expect insightful discussions on various aspects of the Islamic banking and endowment investment sectors, including operational risks, regulatory frameworks, and the impact of digital transformation. The event will also address governance principles and emerging investment opportunities.

Rashid Zayid Al Ghassani, Executive Vice President for Supervision and Regulation at the Central Bank of Oman, will open the conference with a keynote address, setting the stage for a session filled with high-level discussions. Khalid Jamal Al Kayed, CEO of Bank Nizwa, will share remarks on behalf of the organizing partner, outlining the conference’s objectives.

A highlight of the conference will be a panel discussion moderated by economic analyst Salim Saif Al Abdali, focusing on ‘Financial Transactions in Oman: Performance and Outcomes.’ The panel will feature prominent figures, including Dr. Majid bin Mohammed Al Kindi and Dr. Yousef Hamed Al Balushi, who will provide valuable insights into the current landscape of Islamic finance in Oman.

In addition to the conference, TAS will host the highly anticipated Themar Islamic Banking Excellence Awards 2024, celebrating outstanding achievements in Sharia-compliant financial services. A distinguished panel of judges, led by His Highness Dr. Adham Al Said, has been evaluating nominations across eight categories, including Best Islamic Bank and Best Takaful Financing.

To conclude the event, Mustafa Al Naabi, Deputy Manager of Shari’a Training at Bank Nizwa, will lead an open workshop on Shari’a standards, offering participants a deeper understanding of regulatory and compliance aspects within Islamic finance.

With its commitment to fostering dialogue and innovation, the Themar Islamic Banking Conference and Excellence Awards 2024 is set to establish new benchmarks in the Islamic finance sector, showcasing the latest trends and recognizing exceptional contributions to the field.

For all the latest news from Oman and GCC, follow us on Twitter, Instagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.