IFM forum Oman 2018 | Red Money Events | 13 March 2018 | Grand Millennium Muscat, Dohat al Adab Street Al Khuwair 133,Muscat,Oman، Muscat, Oman

As one of the last GCC nations to join its peers in tapping the Islamic finance industry, Oman has been the hotbed of interest in the GCC region for investors and corporates alike for almost half a decade now. The development of the Islamic finance and banking industry has been an important contributor to the country’s economic growth, with efforts to grow the sector being exercised frequently to compete with its neighbors.

Oman has had an impressive Islamic finance growth across multiple sectors in the past years. By the end of 2016, Shariah compliant shares worth OMR3.3 billion (US$8.54 billion) represented 21.58% of the total market capitalization of shares listed on the Muscat Securities Market. Sukuk outstanding of OMR329.48 million (US$852.92 million) took up 16.29% of the total market value of the fixed income market. In 2017, the sovereign issued its US dollar Sukuk, followed by the first Sukuk program by Meethaq. Meanwhile, the Takaful market’s gross direct premiums of OMR42.06 million (US$108.88 million) represented 9.3% of the total insurance premiums in Oman. All these were achieved in about six years since Islamic finance was permitted in 2011 – a remarkable feat. The Sultanate’s strong political will, as well as solid demand, is the driving force behind its success.

Nonetheless, there is still ample room for more development including continuous engagement between regulators and industry participants to discuss needs and enhance the regulatory infrastructure, better communication and alignment of procedures between regulatory and government bodies and continuous development in the human capital space.

2018 Speakers

H.e Abdullah Salim Al-salmi
Executive President, Capital Market Authority

H.e Tahir Salim Al Amri
Executive President, Central Bank of Oman

Ahmad Al Mamari
Vice-president, Insurance Sector, Capital Market Authority, Sultanate of Oman

Asad Qayyum
Senior Associate, Al Busaidy, Mansoor Jamal & Co.

Ata Ur Rahim Hanafi
Head, Corporate Islamic Banking, Sohar Islamic

Chitrajit Chakrabarti
Vp International Business, Monami Tech

David Testa
Executive Director, Ddcap Group

Gautam Datta
Ceo, National Takaful Company – Watania

Hasan Junaid Nasir
Head of Islamic Banking, Alhilal Islamic, Ahli Bank

Jeremy Ingham
Partner, Trowers & Hamlins

Karl Jackson
Director, Africa, India and Middle East, Risk Advisory Services, Ey

Kemal Rizadi Arbi
Expert/advisor, Capital Market Authority, Sultanate of Oman

Khalid Al Kayed
Ceo, Bank Nizwa

Majid Al Amri
Ceo, Thawani

Manar Abbas
Head of Product Development, Ifaas

Mohammed Jalaluddin
Director and Vice-chairman, Islamic and Ansar Co-operative Housing Corporations

Mohamed Said Al Abri
Vice-president, Capital Market Sector, Capital Market Authority, Sultanate of Oman

Mohsin Shaik Sehu Mohammed
Head of Investment Banking and Capital Markets, Maisarah Islamic Banking Services

Mughees Shaukat
Head, Islamic Finance, College of Banking and Financial Studies

Qasim Aslam
Partner, Head of Islamic Finance – Middle East, Dentons

Salah Almajthoob
Managing Director, Jeyad Advisory

Salman Ahmed
Partner, Trowers & Hamlins

Salman Kabani
Head of Market Risk, Operational Risk and Strategy, Bank Nizwa

Saifuddin Ahmed
Head of Asset Management, Almadina Investment

Sulaiman Al Harthy
Deputy Ceo, Meethaq Islamic

Trevor Norman
Director, Vg

Zulhilmy Kamaruddin
Director, Group Client Coverage, Group Wholesale Banking, Rhb Investment Bank

2018 Sponsors and Partners

LEAD:
• Bank Nizwa

MULTILATERAL STRATEGIC PARTNERS:
• The Islamic Corporation for the Development of the Private Sector (ICD)
• International Islamic Trade Finance Corporation

ASSOCIATE PARTNER:
• Al Busaidy Mansoor Jamal & Co (AMJ)

PARTNERS:
• DDCAP Group
• Dentons
• EIGER
• IdealRatings
• Maisarah Islamic Banking
• MEETHAQ ISLAMIC BANKING
• NOMURA ISLAMIC ASSET MANAGEMENT SDN. BHD.
• Trowers & Hamlins

HOST MEDIA PARTNERS:
• Islamic Finance news
• IFNFintech
• IFN Corporate

MEDIA PARTNERS:
• AlHuda Centre of Islamic Banking and Economics
• Oxford Business Group
• Global Business Magazine & News
• The Business Year