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Now a leading force in the local and regional Islamic finance space, spanning all sectors and products, the Omani Islamic finance industry continues to flourish. With a stringent regulatory infrastructure, industry players are assured of support from the authorities, and the market remains open to expansion and improvement.

Islamic financing in the Sultanate grew 6.7% as at the end of September 2020 and the combined total assets of Islamic banks and windows now stand at US$12.96 billion, or 14% of the total assets of the Omani banking sector.

The 6th IFN Oman Forum, in collaboration with all key local regulators, returns in 2021 to provide exclusive access for industry experts, potential investors and leaders from around the region to further develop the market. Once again, the private and highly regarded IFN Oman Dialogue will be held post-Forum.

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Virtual Booths

Expert Speakers

  • H.E. Abdullah Salim Al-Salmi,
    Executive President, Capital Market Authority, Sultanate of Oman

    Abdullah Salim Al-Salmi was appointed as the executive president of the Capital Market Authority (CMA) in 2012 by Royal Decree 8/2012. Previously, Abdullah was the executive vice-president of the CMA since 1999.

    Prior to joining the CMA, Abdullah served at the Ministry of Commerce and Industry as the director of the Company Affairs Department and as the secretary of commercial registration and the director of the Internal Trade Department.

    Abdullah was the chairman of Muscat Securities Market from 2002 until 2008 and currently, he is the chairman of the Oman Center of Corporate Governance, Oman Development Bank and Oman Investment Corporation. He is also a founding member and board member at the German University of Technology in Oman

  • Asad Qayyum,
    Managing Partner, MAQ Legal

    Asad Qayyum is a highly skilled dual-qualified corporate and commercial lawyer with extensive multi-jurisdiction experience in a number of sectors of the law, including in relation to capital markets, funds, conventional and Islamic finance, mergers and acquisitions, natural resources (oil, gas and mining) and project finance transactions.

    Asad is qualified as a solicitor of the Senior Courts of England and Wales, a barrister of England and Wales and an advocate of the High Courts of Pakistan and has over 22 years of experience advising on a broad range of transactions during his time in the UK, Sultanate of Oman and Pakistan. Asad has particular expertise in advising sovereigns and sovereign-owned companies and listed and private companies with respect to their debt and equity capital market financings (conventional and Islamic), registration of funds (including real estate investment funds, acquisitions and disposals of hydrocarbon assets (onshore and offshore) and negotiating clients’ commercial (oil and gas) contracts across the globe (including in the UK, Oman, Canada, the Middle East, Pakistan, Cameroon, Tanzania, Namibia, Burundi, Benin, Cameroon, Nigeria and Kazakhstan).

  • Bashar Al-Natoor,
    Global Head of Islamic Finance, FitchRatings

    Bashar Al Natoor is Fitch Ratings’s global head of Islamic finance. He is responsible for coordinating all Islamic finance activities across Fitch’s sovereign, financial institutions, corporate, structured finance, infrastructure and insurance teams, bringing together dedicated analytical and industry expertise into a centralized and focused Islamic finance group.

    Bashar has more than 19 years of experience in the Islamic finance market. Since joining Fitch in 2007, he has overseen Fitch’s Sukuk criteria and Islamic finance practices, undertaken research and written numerous published articles on Islamic finance. He Joined Fitch as a director in the EMEA Corporates group based in Dubai. He was responsible for analyzing EMEA issuers, with a focus on Middle Eastern and Turkish issuers in the construction, property and telecommunication sectors.

    Prior to joining Fitch, Bashar spent seven years at the IsDB in key roles including investment officer in the Treasury Department, senior credit analyst in risk management and senior technical assistant to the vice-president of finance and administration. Before working with the IsDB, he was a senior auditor for four years in Arthur Andersen.

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

    Kemal Rizadi Arbi has more than 25 years of global professional experience in the banking and financial industry, both government and private sectors, particularly in investment banking, Islamic finance, corporate finance and as a regulator, policymaker and strategic developer of capital markets, including Islamic capital markets, in the GCC and Asian region.

    Kemal is currently involved in driving developmental efforts for the Oman capital market as an advisor at the Capital Market Authority, Sultanate of Oman (Oman CMA) and has been leading the development of the Islamic capital market in Oman since the introduction of Islamic banking and finance in 2013.

    After leading the issuance of the new Sukuk Regulation, Real Estate Investment Trust (REIT) Funds Regulation (including Islamic REITs) and the Takeover and Acquisition Regulation in Oman, he is currently leading the establishment of the new SME Exchange and the issuance of new regulatory frameworks for crowdfunding platforms, fintech sandbox, sustainable and responsible investment bonds and Sukuk, exchange traded funds and venture capital, for both conventional and Islamic. He was also involved in preparing the proposed GCC Capital Market Integration Plan

  • Khalid Al Kayed,
    CEO, Bank Nizwa

    Khalid Al Kayed is responsible for spearheading Bank Nizwa’s overall business growth and 2020 strategies. He is responsible for driving the execution of the bank’s business targets to meet the bank’s aspirations and vision for leading the Islamic banking industry in the country. He oversees and ensures a good balance between driving operational excellence and strong governance to deliver sustainable long-term value for shareholders, customers, employees and all other stakeholders.

    Aside from establishing strategic policies and providing the overall direction for the banking operations and financial performance, his core responsibilities include strengthening Bank Nizwa’s distribution footprint, growing its profitability via organic growth and domestic expansion, strengthening its leadership position in Islamic finance and making Bank Nizwa a preferred banking partner in the marketplace.

  • Mansoor Jamal Malik,
    Senior Partner, Al Busaidy Mansoor Jamal & Co.

    Mansoor Malik is AMJ’s founder, managing partner and head of the firm’s top tier corporate commercial and dispute resolution departments. A UK-qualified barrister, Mansoor has more than 30 years of experience in law and practice in Oman.

    Mansoor has advised on complex projects and innovative public–private partnerships and today, he is regarded as the foremost authority on Oman’s privatization and utilities sector law. He is also highly regarded as a pioneer in the emergent field of Islamic finance in Oman.

    In the dispute resolution arena, Mansoor is a listed Oman Court of Appeal arbitrator and enjoys rights of audience before Oman’s Supreme Court.

    Mansoor is an associate member of leading commercial law barristers’ chambers 3 Verulam Buildings of Gray’s Inn in London.

  • Mohamad Noranuar Sajari,
    Head, Shariah Structuring and Compliance, Bank Nizwa

    Mohamad Noranuar Sajari is the head of Shariah structuring at Bank Nizwa in Oman. He manages the Shariah affairs of the bank as assigned, mainly to supervise and participate in Shariah structuring and advisory activities and severally or partially in post-transaction reviews and to maintain the Shariah authenticity of the bank’s products and services. He also provides appropriate Shariah training as well as supporting other Shariah functions within the Shariah Division. He is also an industry advisor contributing to Universiti Tunku Abdul Rahman’s academic and research activities.

    Previously, Mohamad was the head of Shariah at HSBC Amanah in the UAE. He is the lead of the Product Development Task Force where he has completed a corporate Ijarah product program, a corporate forward Ijarah product program and a corporate Wakalah Bi Istithmar product program, to name a few.

  • Mohsin Shaik Bin Sehu Mohamed,
    Senior Executive Manager and Head of Investment Banking and Capital Market, Maisarah Islamic Banking Services

    Mohsin Shaik Sehu Mohamed is the senior executive manager and head of investment banking and capital markets in Maisarah Islamic Banking, the Islamic window of Bank Dhofar in Oman. He is responsible for the overall business of investment banking and also investments in the firm. This covers advisory business, Sukuk structuring, private equity and propriety investments for the bank locally and internationally.

    Prior to joining Maisarah, Mohsin was the director and head of Islamic finance in Al Madina Investment in Oman. He was responsible for managing private equity, direct investments and corporate finance and at the same time enhancing the firm's offerings in Islamic finance. Throughout his journey in Al Madina Investment, he has successfully engineered deals in the real estate, financial, education and healthcare sectors. He was the engineer and the constructor for the first Sukuk issued in Oman which was the OMR50 million (US$129.56 million) Sukuk Ijarah by Modern Sukuk or known as Tilal Sukuk. The Sukuk issuance was hugely accepted by the Oman and GCC markets and was an incredible achievement taking into consideration that there were no proper regulations for Sukuk in Oman back in 2013.

  • Mughees Shaukat,
    Islamic Banking Advisor, Bank Nizwa, Oman; Fintech, Digital Banking Specialist, MIT, USA

    Mughees Shaukat is the pioneer and head of Islamic finance at the College of Banking and Financial Studies in Muscat; the college is an entity under the Central Bank of Oman. He is a global leader, public speaker and a PhD scholar in Islamic economics, banking and finance. He is a fintech specialist from MIT in the US and a member and certified Shariah advisor and auditor of AAOIFI. He also holds a Master of Science degree in Islamic finance, the IFQ certification and a number of other certifications in core areas of Islamic economics and finance. Previously, Mughees has been mentoring and teaching integrated management and financial analysis based on his chartered management accounting and business administration background.

  • Osama Elsheikh,
    Country Manager, United Arab Emirates, The Islamic Corporation for the Insurance of Investment and Export Credit

    Osama Elshiekh has been part of the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)'s UAE office for more than seven years. He is currently the country manager for the UAE, co-heading the corporation's operations out of the UAE. He has had a pivotal role in supporting the corporation's growing support for trade and investments, with total facilitated business of US$3.3 billion during 2020 from the UAE office alone.

    Osama's current responsibilities include managing existing export credit and investment insurance programs, generating new partnerships and opportunities for the corporation as well as spearheading ICIEC UAE's growth plans in the Middle East and North Africa. Key transactions under his portfolio include investment insurance policies for the FIT 2 Solar Project in Egypt; additionally, he has played a major role in structuring trade transactions facilitating bank and exporter finance transactions in sub-Saharan Africa.

  • Shargeel Akram,
    Treasurer, Oman Air

    Shargeel Akram is an accomplished treasurer with well-diversified international experience in both accounting and finance. In 2018, he was highly commended at the UK Housing Association National Awards for his work at Housing 21. Shargeel is the treasurer of Oman Air and has a wealth of experience in both conventional and Islamic financing transactions. He has previously enjoyed working for multinational corporations like Honda, Dominos and Harvard International.

    Shargeel holds an MBA from the University of Bradford and an associate membership of the Chartered Institute of Management Accountants and Association of Corporate Treasurers UK. He has keen interest in Islamic finance, political capitalism and contemporary parenting.

  • Thamer Al Shahry,
    Partner, Said Al Shahry & Partners (SASLO)

    Thamer Al-Shahry is a partner and heads SASLO’s corporate and commercial practice. He is an Omani lawyer, with significant expertise in banking, corporate finance, capital markets, corporate structures, mergers and acquisitions (M&A) and setting up various types of companies.

    Thamer is competent in legal drafting in both English and Arabic particularly in the fields of banking, capital markets, company/commercial matters, M&A, IPP and IWP and Electricity Law. Thamer has been part of teams representing a range of international, Gulf and Omani clients in a variety of corporate and commercial matters. He has extensive experience in dealing with ministries and other authorities in Oman, including the Authority for Electricity Regulator, the Ministry of Commerce and Industry, free zones, the Ministry of Housing, Capital Market Authority, Muscat Securities Market, Muscat Clearing & Depository, the Ministry of Tourism and the Tender Board.

    Thamer was acknowledged by IFLR as a lawyer who “attends very quickly to any request at any time. Easy to deal with and gives prompt responses….” and “responsive and has strong country and industry knowledge”.

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

    Tahir Salim Abdullah Al Amri has been the executive president of the Central Bank of Oman since September 2017. He is responsible for providing an overall leadership, direction and control to the bank to maximize the fulfillment of its mission, goals and objectives. Tahir is an experienced treasury and finance professional with a successful track record in all aspects of treasury and finance functions. He has served as a board member for a number of private and public entities with multimillion dollar turnovers for a variety of businesses, ranging from a leading local bank to sovereign wealth funds, shipping and the oil and gas industry.

    Tahir has played leading roles in negotiating financing agreements, writing of articles of association, technical licensing and construction contracts, oil and gas upstream agreements, shareholder agreements, shipping contracts and establishing credit policies, procedures and board audit committees.

  • Ali Hassan Moosa,
    CEO, Oman Banks Association

    In June 2017, Ali Hassan Moosa joined the Oman Banks Association, as the first full-time employee of the association, having 24 years of experience in various fields of banking, such as technology, retail, marketing, operations, credit and recoveries, as well as the private commercial sector, specifically residential and commercial real estate, and tourism development. Ali also lectured at the College of Banking and Financial Studies and was the first author of the section ‘Banking & Finance’ in the monthly publication Oman Economic Review. Ali holds a Bachelor’s degree in computer science from the University of Reading and an MBA from Webster University.

  • Dr Fatin Said Al Zadjali,
    Acting Assistant Dean Academic Support and Student Affairs & Head – Islamic Finance, College of Banking and Financial Studies

    Dr Fatin Said Al Zadjali is the acting assistant dean for academic support and student affairs and the head of Islamic finance at the College of Banking and Financial Studies (CBFS). She began her career as a banker and worked in two of the major banks in Oman in the investment banking divisions. She subsequently joined the CBFS and evolved into a role at the Academic and Training Faculty. She has a Bachelor’s degree in business from Australia, a diploma in banking from IBFS, an MBA from the University of Strathclyde in the UK and a PhD in Islamic finance from the International Centre for Education in Islamic Finance (INCEIF) in Malaysia.

    Dr Fatin also has various training-related certifications — she is a certified training professional, has the Creative Train the Trainer certification, NLP for Trainers certification, and is a certified Islamic banker. Her areas of training expertise are behavioral skills, Islamic banking and social and green finance. She has delivered training on the Islamic Finance Qualification – CISI, Islamic finance products and Islamic finance contracts and Shariah issues in Islamic finance. Among the major clients she has delivered training to are the Central Bank of Oman, Meethaq, Bank Muscat and other local banks.

     

  • Omar Al Rasbi,
    Managing Director, National Technology Group

    Omar Alrasbi is an Omani entrepreneur leading the National Technology Group to be the first Omani crowdfunding platform. The objective of the National Technology Group is to advance digital platforms to enable the digital transformation of the target sectors for each platform. Omar has a Bachelor's degree in accounting, an MBA and a Master of Engineering degree in construction engineering.

  • Salima Obaid Issa al Marzoqi,
    Chief Islamic Banking Officer (CIBO), Muzn Islamic Banking

    Salima Obaid Al-Marzoqi is an experienced leader who has played a crucial role in Oman’s emerging Islamic banking landscape, with an impeccable track record. Salima entered the banking industry as a management trainee at the National Bank of Oman and has earned several accolades over the last 24 years. She was the first female Omani regional manager at a local bank and first woman to head an Islamic banking institution in the GCC.

    Salima led the growth of Muzn Islamic Banking initially as the first female head of retail banking before being elevated as chief Islamic banking officer. She has been instrumental in moving the bank from the bricks-and-mortar model to digital banking leadership in the Omani Islamic banking industry. She was instrumental in launching many innovative products that cater to the various segments of Omani society. Muzn has recorded consistent growth in business and profitability over the last three years in spite of many challenges. Under her leadership, Muzn has won several awards from reputed global organizations.

    Salima holds an MBA from Strathclyde University in the UK as well as a CISI Level 3 Certificate in Islamic Finance from the Chartered Institute for Securities & Investment

  • Suleman Muhammad,
    Head of Islamic Products and Segments, Muzn Islamic Banking

    Suleman Muhammad Ali is an experienced Islamic banking professional having a proven track record in leading product innovation, development and Shariah compliance at Islamic financial institutions in Pakistan and the GCC. During his career, he has enabled banks and financial institutions to develop and deliver profitable Shariah compliant financial products and solutions related to retail, corporate, treasury, trade and structured finance.

    Suleman specializes in providing bespoke Shariah compliant financial solutions based on the client’s financial needs and business cycle. During his tenure at Meezan Bank in Pakistan, he engaged with various corporate and SME clients to develop short-term financial solutions such as Islamic overdrafts based on Musharakah, bill discounting facilities based on Musawwamah, pre-shipment export financing based on Istisnah, off-balance sheet Murabahah financing for corporates and SMEs, etc. These solutions have now been adopted as an industry standard in Pakistan. He has been involved in the structuring of a major number of Sukuk and Islamic syndications executed in Pakistan including the structuring of the country’s first-ever short-term Sukuk (KAPCO’s Sukuk based on Shirkatul Aqd), PMCL’s Sukuk based on securitization of Air Time, the Engro Rupiyah Retail Listed Sukuk, Liberty Power’s Sukuk, HUBCO’s short-term Sukuk, Fauji’s wind power syndication and various issuances of government of Pakistan Sukuk Ijarah.

  • Umar Munshi,
    Founder, Ethis.co

    Umar Munshi is a social entrepreneur based in Southeast Asia. He is the co-founder of Ethis.co, a group of pioneer investment and crowdfunding platforms with regulatory approvals in Indonesia, Malaysia and Dubai.

    Flagship platform Ethis Indonesia is an award-winning peer-to-peer crowdfunding investment platform that has transacted impact investments from 50-plus countries to fund SMEs and social housing projects, giving investors healthy double-digit returns. In mid-2020, Ethis Malaysia, the first Shariah compliant equity crowdfunding platform in Malaysia, was launched, focusing on various verticals including futuretech, sustainable agriculture and social enterprises.

    Umar is the strategic advisor of Islamic social finance marketplace Global Sadaqah which manages charity, Zakat and corporate social responsibility programs for companies, foundations and Islamic banks to support religious organizations, charities and social enterprises. Umar also advises IBF Digilabs, a research and technology development start-up that develops solutions for the Islamic economy on blockchain.

  • Vineeta Tan,
    Managing Editor, Islamic Finance news

    Vineeta Tan is a global Islamic finance journalist with over five years of experience in the journalism and publishing industry working independently and leading a team. She joined REDmoney in 2013 and is responsible for the editorial direction and content of Islamic Finance news (IFN). Vineeta authors the IFN daily cover stories, produces reports, research and analytical pieces as well as interviews senior industry players and regulators. In addition to her role as the editor of IFN, Vineeta also manages, produces and oversees all editorial content of REDmoney’s sister publications: IFN Education and MY Islamic Finance.

    Trained in journalism and sociology, Vineeta holds an Islamic Finance Qualification awarded by the Chartered Institute for Securities & Investments in the UK. Prior to joining REDmoney, Vineeta was attached to a research company in the US and was a freelance journalist.

  • Zaineb Sefiani,
    Founder, Carrera Learning

    Zaineb Sefiani is the founder of Carrera Learning, an innovative e-learning platform. Zaineb is also a lecturer at University Paris Dauphine and at the University of Dubai. Preceding her current roles, she worked as a consultant at the African Development Bank, where she carried out research on the African stock exchanges as well as led an Islamic finance strategic workshop for regulators, policymakers and central banks of Kenya, Mauritius, Senegal, Sudan and Tunisia.

    Zaineb was also commissioned by the Ethiopian government to conduct a policy and strategy analysis on interest-free banking. In 2010, she worked for Morningstar Europe in London and was responsible for Morningstar’s Islamic mutual funds. Prior to that, she was a client relationship manager at the Shariah advisory arm of BMB Group, a multi-family office.

    Zaineb holds a Master’s degree in investments from the University of Birmingham. She also holds a Bachelor’s degree in finance and marketing and participated in an exchange program at Boston College in the US during her undergraduate studies. Zaineb was twice included in the list of ‘Top 100 Leading Women in Islamic Business and Finance’.

  • Professor Azmi Omar,
    President and CEO, International Centre for Education in Islamic Finance (INCEIF)

    Professor Dr Mohd Azmi Omar is the president and CEO of the International Centre for Education in Islamic Finance (INCEIF) – The Global University of Islamic Finance. Prior to his current position, he served as the director-general at Islamic Research and Training Institute (IRTI), IsDB Group, Jeddah in the Kingdom of Saudi Arabia. At IRTI, Dr Azmi pioneered and introduced an innovative policy research which culminated in flagship reports such as the IRTI Islamic Social Finance Report and the IsDB-World Bank Global Report on Islamic Finance. Dr Azmi has also provided advice and technical assistance in Islamic finance to several IsDB member countries.
    Dr Azmi was a member of the board of trustees of Responsible Finance Institute Foundation and External Advisory Group for the IMF Interdepartmental Working Committee on Islamic Finance. He was awarded ‘The Most Outstanding Individual Contribution to Islamic Finance’ accolade at the KLIFF Islamic Finance Awards 2015.

  • Tariq Khan,
    Head of Investment Banking, Alizz Islamic Bank

    Omar Alrasbi is an Omani entrepreneur leading the National Technology Group to be the first Omani crowdfunding platform. The objective of the National Technology Group is to advance digital platforms to enable the digital transformation of the target sectors for each platform. Omar has a Bachelor's degree in accounting, an MBA and a Master of Engineering degree in construction engineering.

Agenda

Welcome

  • 9.25 – 9.30
9.25 – 9.30
9.30 – 9.40

Keynote Address

  • 9.30 – 9.40

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

Oman Vision 2040 and The Islamic Economy: Improving Livelihoods and Creating Prosperity

  • 9.40 – 10.35

How are the key tenets of Oman Vision 2040 combining with the broader Islamic economy to inspire a period of sustained economic recovery in Oman? How are incentives under Oman Vision 2040 providing stimulus for the real economy through identifying and closing funding gaps in the vital SME and corporate sectors, and what role do Islamic banks, capital markets and investment managers play? In the shift away from hydrocarbons, what sectors and activities are ripe for growth and development in Oman, and how can Islamic banking, capital markets and asset management facilitate this rotation? Through social impact products and strategies, how can Islamic banks, asset management and capital market initiatives promote entrepreneurship and financial inclusion in Oman, thereby creating jobs and improving livelihoods? We seek the views of a distinguished panel.

Moderator:

Mansoor Jamal MalikSenior Partner, Al Busaidy Mansoor Jamal & Co.

Panelists:

Ali Hassan MoosaCEO, Oman Banks Association
Professor Azmi OmarPresident and CEO, International Centre for Education in Islamic Finance (INCEIF)
Khalid Al KayedCEO, Bank Nizwa
Salima Obaid Al-MarzoqiChief Islamic Banking Officer, Muzn Islamic Banking, National Bank of Oman

9.40 – 10.35
10.35 – 10.50

IFN Oman Awards

  • 10.35 – 10.50

Coffee

  • 10.50 – 11.15
10.50 – 11.15
11.15 – 12.15

Green, Transition and Sustainability-Linked Finance, Sukuk and Investment Funds in Oman

  • 11.15 – 12.15

What steps has Oman taken toward the development of ESG investing and what does the Sultanate offer potential issuers of green bonds and Sukuk, blue bonds and other products related to transition and sustainability? Alongside ‘Transition to Net Zero’ and decarbonisation targets, what is realistically achievable and what does net zero mean for important domestic sectors such as aviation, oil and gas and other asset-based industries? How are Shariah compliant banking, capital market and investment products playing a role in this important shift? What incentives will encourage Oman’s private sector’s involvement in sustainable projects? How can the financing of Shariah compliant assets in Oman continue to contribute to the achievement of the UN SDGs and toward the Paris Accord? We ask an expert panel.

Moderator:

Vineeta TanManaging Editor, Islamic Finance news

Panelists:

Bashar Al-NatoorGlobal Head of Islamic Finance, FitchRatings
Mohamad Noranuar SajariHead, Shariah Structuring and Compliance, Bank Nizwa
Mohsin Shaik Bin Sehu MohamedSenior Executive Manager and Head of Investment Banking & Capital Market, Maisarah Islamic Banking Services
Osama ElsheikhCountry Manager, United Arab Emirates, The Islamic Corporation for the Insurance of Investment and Export Credit
Tariq KhanHead of Investment Banking, Alizz Islamic Bank

Issues facing Islamic Banks and Islamic Financing in Oman

  • 12.15 – 13.15

We address two current, important operational issues influencing Islamic financial institutions and financial products in Oman. Firstly, we examine the enforceability of Islamic finance contracts in the Sultanate and assess mechanisms for dispute resolution, the role of the courts and arbitral tribunals. We ask if Islamic finance contracts are recognized in their own right, whether they are differentiated from conventional products, how regulatory bodies have responded to registration of security charges in Islamic finance contracts, and what precedents have been established in cases of default. Secondly, with the global transition to risk-free rates, what are the implications for Islamic financial products in Oman and the Gulf region? We seek the views of an expert panel.

Moderator:

Asad QayyumManaging Partner, MAQ Legal

Panelists:

Shargeel AkramTreasurer, Oman Air
Suleman MuhammadHead of Islamic Products and Segments, Muzn Islamic Banking
Thamer Al ShahryPartner, Said Al Shahry & Partners (SASLO)

12.15 – 13.15
13.15 – 14.15

Disrupting and Enabling: Islamic Fintech and Crowdfunding Platforms in Oman

  • 13.15 – 14.15

With Oman witnessing notable developments in the areas of equity crowdfunding and peer-to-peer lending, what’s next in the evolution of these exciting activities? How do ECF and P2P work in practice, what platforms are they built on and how might they help address and reduce funding gaps in the Omani economy, particularly in the SME sector? What role do the CMA and CBO sandboxes play in the conception and development of new Shariah compliant capital market, insurance and banking products in Oman, and what is their place in the fintech ecosystem? Through this ecosystem, will we witness the successful development positioning of appealing Islamic digital retail, wealth management, Takaful and pension offerings in Oman?

Moderator:

Zaineb SefianiFounder, Carrera Learning

Panelists:

Dr Fatin Said Al ZadjaliActing Assistant Dean Academic Support and Student Affairs & Head – Islamic Finance, College of Banking and Financial Studies
Kemal Rizadi Arbi, Expert/Advisor, Capital Market Authority, Sultanate of Oman
Mughees ShaukatIslamic Banking Advisor, Bank Nizwa, Oman; Fintech, Digital Banking Specialist, MIT, USA
Omar Al RasbiManaging Director, National Technology Group
Umar MunshiFounder, Ethis.co

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