Welcome to the Oman Islamic Economic Forum (OIEF)

The Oman Islamic Economic Forum (OIEF) is a two day program to be held on the 17th and 18th December 2011 in the luxurious surroundings of Al Bustan Palace Ritz Carlton Hotel. Situated only a few kilometres from Muscat’s Business district and overlooking the Gulf of Oman, the venue provides the perfect setting for the hosting of the OIEF. The OIEF will bring together a number of stakeholders – financial practitioners, academicians, business leaders and key decision makers- from within Oman and internationally to discuss critical issues in Islamic finance. It will explore steps Oman needs to take to develop its Islamic finance capacity; and offer an agenda for the creation of a robust Islamic finance framework, which will contribute to the economic health of the Sultanate.

The two day conference will consist of a series of group discussions and plenary sessions. Following His Majesty Sultan Qaboos’s approval for banks to offer Islamic finance in the Sultanate, there is widespread optimism that Islamic finance can add significantly to the growth of the economy. This conference therefore comes at an opportune time.

Critical issues to be explored will include:

  • The right Islamic banking model for Oman.
  • Strengths and weaknesses of standalone Islamic banks as compared to Islamic windows of conventional banks.
  • The role of Zakat, Waqf and microfinance in Islamic finance and developing corporate social responsibility.
  • Islamic banking as a tool for economic reform.
  • The regulatory challenges of bringing in Islamic finance.
  • Current Shari’a issues.

 

With the current response from the Islamic finance community, the OIEF is poised be one of the prominent Islamic banking forums in the region.

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Global Islamic Finance Awards (GIFA) are the first of their kind of awards in Islamic banking and finance. GIFA is based on objective proprietary methodology - developed and operated by Edbiz Consulting - these awards recognize and celebrate success and contributions of individuals and institutions in the Islamic financial services Industry.

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National Bank of Oman - Gold Sponsor for OIEF

Strategic Partner - Bank Nizwa

CNBC Arabia - Arabic Broadcaster

Platinum Sponsor - Bank Muscat

CIBAFI - Associate

Al Madina - Gold Sponsor for OIEF

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