09 January 2012
MUSCAT--Al-Iktissad Wal-Aamal is all set to organise a major Islamic Finance and Banking Conference on January 23 and 24 in collaboration with the Central Bank of Oman at Al Bustan Palace Hotel.
The conference will discuss latest developments on the heels of the granted permission for banks and financial institutions operating in the Sultanate, to provide banking and financial services compliant with Islamic law.
Islamic banking industry is expected to size up to $ 6 billion in Oman in 3-5 years, with an 8 to 10 percent annual growth rate.
Key issues related to the Islamic financial industry will be discussed during the course of the two-day conference including: Policies and Regulatory Perspectives of Islamic Finance, Islamic Banking growth and International expansion, Islamic Finance and Capital Market Activities, Supervisory and Regulatory Role of Shari'ah Boards, Islamic Finance Socio-Economic Accountability.
Speakers include Chief Executive of the Central Bank of Oman Hamood bin Sangour al Zadjali, and the Governor of the Central Bank of UAE Sultan bin Nasser al Souwaidi, First Vice-Governor of the Central Bank of Lebanon Raed Charafeddine, Chairman of the Union of Arab Banks Adnan Youssef, in addition to a high level delegation from the Islamic Bank for Development, headed by President Dr. Ahmad Mohamad Ali, who will deliver the keynote speech at the conference's opening ceremony.
The conference is will consist of sessions revealing the latest research and studies accomplished by a group of prominent specialists, academics and senior staff in the financial and Islamic banking sectors, from diverse regional and international leading organisations and corporations in the Islamic financial industry, including: Khairul Nizam Assistant Secretary-General in the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), Prof Ali Muhyealdin Al-Quradaghi Chairman and Executive Member of the Shari'ah Board of Ahli United BankGroup, Abdel Kader Askalan, CEO, Oman Arab Bank, Mohamed Jamil Berro CEO, Al Hilal Bank, Abdulrazzak Elkhraijy, Executive Vice President & Head of the development of Islamic banking, Saudi National Commercial Bank,Zainal Izlan, Executive Director of the Security Commission Malaysia, Ijlal Ahmed Alvi, Chief Executive, International Islamic Financial Market (IIFM), Mohamad Nadeem Aslam, Head of the Islamic banking department-Bank Muscat,Muddassir H Siddiqui, Partner & Head of Islamic finance in the Middle East, SNR Denton, Yasser Saud Dahlawi, CEO of Dar Al Sharia, Emad Yousuf Al Monayea,Vice Chairman, MD & CEO of Liquidity Management House the wholly-owned subsidiary of Kuwait Finance House, Simon Eedle, Global Head Islamic Banking & Regional head of Fixed Income Markets at Crédit Agricole, Shaikh Dr Abdul Sattar Abu Ghuddah, Secretary-General and head of the Sharia and Supervisory Board of Al Baraka Banking Group, Dr Abdel-Maoula Chaar, Professor and Research Advisor, Institute of World Business -- Lebanon ESA, Fares Mourad, Director of Islamic Finance, Bank Sarasin, Ihab Khalil, Senior Associate with Booz & Company, Dr Zaha RinaZahari, Director, MAA Takaful Company, Bilal Khan Faqih, Sharia Scholar & Executive Director, Islamic Finance Education Council (IFEC), Lo'ai B Bataineh, DGM Investment & Development, Head of Investment Management Group, Oman Arab Bank.
The conference will gather around 400 participants from various Arab and Islamic countries including heads of banks, Islamic financial institutions and commercial departments of financial markets, representatives of foreign banks and investment firms as well as commercial firms and consulting firms, shaikhs who are members in committees of major financial institutions in Arab and Asian countries, in addition to a vast crowd interested in the affairs of Islamic banking.
MUSCAT--Al-Iktissad Wal-Aamal is all set to organise a major Islamic Finance and Banking Conference on January 23 and 24 in collaboration with the Central Bank of Oman at Al Bustan Palace Hotel.
The conference will discuss latest developments on the heels of the granted permission for banks and financial institutions operating in the Sultanate, to provide banking and financial services compliant with Islamic law.
Islamic banking industry is expected to size up to $ 6 billion in Oman in 3-5 years, with an 8 to 10 percent annual growth rate.
Key issues related to the Islamic financial industry will be discussed during the course of the two-day conference including: Policies and Regulatory Perspectives of Islamic Finance, Islamic Banking growth and International expansion, Islamic Finance and Capital Market Activities, Supervisory and Regulatory Role of Shari'ah Boards, Islamic Finance Socio-Economic Accountability.
Speakers include Chief Executive of the Central Bank of Oman Hamood bin Sangour al Zadjali, and the Governor of the Central Bank of UAE Sultan bin Nasser al Souwaidi, First Vice-Governor of the Central Bank of Lebanon Raed Charafeddine, Chairman of the Union of Arab Banks Adnan Youssef, in addition to a high level delegation from the Islamic Bank for Development, headed by President Dr. Ahmad Mohamad Ali, who will deliver the keynote speech at the conference's opening ceremony.
The conference is will consist of sessions revealing the latest research and studies accomplished by a group of prominent specialists, academics and senior staff in the financial and Islamic banking sectors, from diverse regional and international leading organisations and corporations in the Islamic financial industry, including: Khairul Nizam Assistant Secretary-General in the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), Prof Ali Muhyealdin Al-Quradaghi Chairman and Executive Member of the Shari'ah Board of Ahli United BankGroup, Abdel Kader Askalan, CEO, Oman Arab Bank, Mohamed Jamil Berro CEO, Al Hilal Bank, Abdulrazzak Elkhraijy, Executive Vice President & Head of the development of Islamic banking, Saudi National Commercial Bank,Zainal Izlan, Executive Director of the Security Commission Malaysia, Ijlal Ahmed Alvi, Chief Executive, International Islamic Financial Market (IIFM), Mohamad Nadeem Aslam, Head of the Islamic banking department-Bank Muscat,Muddassir H Siddiqui, Partner & Head of Islamic finance in the Middle East, SNR Denton, Yasser Saud Dahlawi, CEO of Dar Al Sharia, Emad Yousuf Al Monayea,Vice Chairman, MD & CEO of Liquidity Management House the wholly-owned subsidiary of Kuwait Finance House, Simon Eedle, Global Head Islamic Banking & Regional head of Fixed Income Markets at Crédit Agricole, Shaikh Dr Abdul Sattar Abu Ghuddah, Secretary-General and head of the Sharia and Supervisory Board of Al Baraka Banking Group, Dr Abdel-Maoula Chaar, Professor and Research Advisor, Institute of World Business -- Lebanon ESA, Fares Mourad, Director of Islamic Finance, Bank Sarasin, Ihab Khalil, Senior Associate with Booz & Company, Dr Zaha RinaZahari, Director, MAA Takaful Company, Bilal Khan Faqih, Sharia Scholar & Executive Director, Islamic Finance Education Council (IFEC), Lo'ai B Bataineh, DGM Investment & Development, Head of Investment Management Group, Oman Arab Bank.
The conference will gather around 400 participants from various Arab and Islamic countries including heads of banks, Islamic financial institutions and commercial departments of financial markets, representatives of foreign banks and investment firms as well as commercial firms and consulting firms, shaikhs who are members in committees of major financial institutions in Arab and Asian countries, in addition to a vast crowd interested in the affairs of Islamic banking.
© Oman Daily Observer 2012
