President of the Islamic Development Bank, governors of central banks & 400 participants to attend conference.
In collaboration with the Central Bank of Oman, Al-Iktissad Wal-Aamal organizes "Oman First Islamic Finance & Banking Conference, 23 and 24 January, 2012 at Al Bustan Palace Hotel - Muscat, Sultanate of Oman.
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 U.S. dollars 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 & 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 H.E. Hamood Bin Sangour Al-Zadjali, and the Governor of the Central Bank of UAE H.E. 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.
Conference is also to 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 organizations 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 Bank Group, 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, Sheikh Dr. Abdul Sattar Abu Ghuddah Secretary-General and head of the Shariah 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 Rina Zahari, Director-MAA Takaful Company , Bilal Khan Faqih , Shari'ah Scholar & Executive Director, Islamic Finance Education Council (IFEC ), Lo'ai B. Bataineh, DGM Investment & Development, Head of Investment Management group, Oman Arab Bank.
Conference will gather around 400 participants from various Arab and Islamic countries including heads of banks, Islamic financial institutions & commercial departments of financial markets, representatives of foreign banks and investment firms as well as commercial firms and consulting firms, Sheikhs 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 First Islamic Finance & Banking Conference" is sponsored by AL Ahli Bank-Oman, Diamond Sponsor, Al Hilal Bank (UAE), Al Baraka Banking Group (Bahrain), International Turnkey Systems (ITS) (Kuwait). Talks International (Talks) is the communications partner, involved in organizing the conference.
-Ends-
© Press Release 2012
