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IFN Fintech

IN PARTNERSHIP WITH

Capital Market Malaysia

7th - 9th December 2020, Online

WATCH LIVE

Date: 7th December - 9th December 2020

Venue: Online

Attendees: 371

HASHTAG #ifnevents

  • Day 1 - 7th December 2020
  • Day 2 - 8th December 2020
  • Day 3 - 9th December 2020

Day 1 - 7th December 2020

Day 2 - 8th December 2020

Day 3 - 9th December 2020

POST EVENT REPORT

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The IFN Forum OnAir Experience

Introducing IFN Forum OnAir, our exclusive online custom-built platform with your convenience in mind. IFN OnAir guarantees your full access to all of the event speakers through our interactive real-time features. Register now to experience IFN Forum OnAir.

  • Key features of the IFN FORUM On Air Experience:
    • Virtually interactive and engaging online event experience for each attendee
    • Experience seamless interactive features — agenda, live Q&A sessions, activity feed, polling and networking among delegates
    • Flexible and accessible online capabilities at your convenience, including the option to catch up on missed sessions once you have registered
    • A user-friendly interface that is accessible on any of your desktop, tablet and mobile devices — anywhere around the globe
    • An exclusive post-event report for all registered attendees
    • VIP access and information to our upcoming IFN Forums

ABOUT THE FORUM

For the fourth year in a row, IFN is excited to be back in Oman. The country has been the hotbed of interest for investors for almost half a decade despite being the new kid on the block. The growth of the Islamic finance and banking industry has been an effective contributor to the country’s economic growth with efforts being exercised frequently across multiple sectors in the past years.

Oman’s Islamic finance industry recorded a growth rate of 14% last year. The country has two stand-alone Islamic banks and six Islamic windows at conventional banks offering Islamic services. Its Islamic finance assets are projected to grow to US$3.2 trillion by 2020, with Islamic banking reaching US$2.6 trillion globally.

Forum Agenda

Live at

  • Day 1 - 7th December 2020
  • Day 2 - 8th December 2020
  • Day 3 - 9th December 2020

Day 1 - 7th December 2020

Back-to-Basics: How Islamic Finance Can and Will Flourish in Oman

The world has changed. How our industry - Islamic banking, finance and investment - chooses to respond to these changes may be a generation defining moment. How can Islamic finance mobilize to address the imminent challenges of the real economy and provide not just liquidity support, but solvency support to the vital SME and corporate sector? Can Islamic finance in Oman use this opportunity to become truly responsible, inclusive and ethical, while at the same time contributing to the Sultanate’s growth and development? How can we as an industry ensure this is substance over form on a permanent basis? What opportunities do the UN Principles for Responsible Banking offer Islamic financial institutions in Oman? How can the core values of Islamic finance be further applied to sustainable and socially responsible finance and investment strategies? Considering these factors, we ask a respected panel for a roadmap to success for Islamic banking, finance and capital markets in Oman.

Moderator:
Vineeta Tan, Managing Editor, Islamic Finance News

Vineeta Tan
Managing Editor, Islamic Finance news

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

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

Khalid Al Kayed, CEO, Bank Nizwa

Khalid Al Kayed
CEO, Bank Nizwa

Mansoor Jamal Malik, Managing Partner, Al Busaidy, Mansoor Jamal & Co.

Mansoor Jamal Malik
Managing Partner, Al Busaidy, Mansoor Jamal & Co

ShamzaniHussain

Shamzani Hussain
General Manager, Meethaq Islamic Banking, Bank Muscat

Day 2 - 8th December 2020

Funds, Infrastructure, Islamic Capital Markets and Responsible Finance Initiatives in Oman

Assessing the Omani Rial Sovereign Sukuk program and asking what it means for the Sultanate’s domestic capital market. How was the Oman’s first REIT received by the market? What do innovative equity-linked investment products such as Exchange Traded Funds offer local investors and what are the pros and cons of these and other passive investment tools? What can technology, particularly tools such as Blockchain, offer capital market innovation in Oman? What role can pandemic and disaster recovery bonds play and how can Islamic finance solutions feature? How can Sustainable Development Goal 3 – promoting health and wellbeing – be made an achievable priority and what do SDG bonds, and potentially SDG Sukuk, offer? Lastly, we examine the Sultanate’s infrastructure requirements in the coming years and ask what can be funded through Islamic facilities, how can risk be effectively managed and do public/private partnerships offer a viable opportunity?

Moderator:
Salman Ahmed, Partner, Trowers & Hamlins

Salman Ahmed
Partner, Trowers & Hamlins

Panelists:
Asad Qayyum, Managing Partner, MAQ Legal

Asad Qayyum
Partner, Al Busaidy, Mansoor Jamal & Co.

Elina Mohamed General Counsel, Oman Oil Company

Elina Mohamed
Head of Downstream and Commercial, OQ Legal General Counsel, OQ Refineries and Petrochemical Industries Company

Lo’ai Bataineh CEO, Ubhar Capital

Lo’ai Bataineh
Advisor, U Capital

Mohsin Shaik Sehu Mohamed, Senior Executive Manager and Head, Investment Banking and Capital Markets, Maisarah Islamic Banking, Bank Dhofar

Mohsin Shaik Sehu Mohamed
Senior Executive Manager and Head, Investment Banking and Capital Markets, Maisarah Islamic Banking, Bank Dhofar

Mohamad Noranuar Sajari

Mohamad Noranuar Sajari
Head, Sharia Structuring and Compliance, Bank Nizwa

Day 3 - 9th December 2020

Financial Technology and Digitization in Oman

What are the major challenges and opportunities facing Omani banks in their digitization programs and strategies for the adoption of financial technology? How is digitization within local banks driving effective segmentation and the development of ever more efficient product delivery channels? What opportunities do Blockchain and Distributed Ledger Technology offer Islamic financial institutions and consumers in Oman? Where do crowdfunding and peer-to-peer lending potentially fit in the Omani financial system and what can be done to develop and nurture these important components? Where and how can FinTech play a meaningful role in key Islamic social financial activities such as Takaful, Zakat and Waqf?

Moderator:
Aisha Al-Kharusi, AGM – Head of Strategy & CSR, Alizz Islamic Bank

Aisha Al-Kharusi
AGM – Head of Strategy and CSR, Alizz Islamic Bank

Panelists:
Firas Al Lawati, Head of Fintech Committee, Central Bank of Oman

Firas Al Lawati
Head of Fintech Committee, Central Bank of Oman

Mughees Shaukat, Senior Manager, AAOIFI

Mughees Shaukat
Global Financial/Islamic Financial Strategist, Policy Advisor; FinTech Specialist, MIT, USA; Head of Islamic Finance and Vice Chairman, AAOIFI Education Board

Raheel Iqbal, Managing Partner, Codebase Technologies

Raheel Iqbal
Managing Partner, Codebase Technologies

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

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

Zaineb Sefiani, Founder, Carrera Learning

Zaineb Sefiani
Founder and Director, Carrera Learning 

ADVISORY BOARD

Asad Qayyum, Managing Partner, MAQ Legal

Asad Qayyum
Partner, Al Busaidy, Mansoor Jamal & Co

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

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

Mohamad Noranuar Sajari

Mohamad Noranuar Sajari
Head, Sharia Structuring and Compliance, Bank Nizwa

Mohsin Shaik Sehu Mohamed, Senior Executive Manager and Head, Investment Banking and Capital Markets, Maisarah Islamic Banking, Bank Dhofar

Mohsin Shaik Sehu Mohamed
Senior Executive Manager and Head, Investment Banking and Capital Markets, Maisarah Islamic Banking, Bank Dhofar

spk_MugheesShaukat

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

Muhammad-Kashif-Zafar

Muhammad Kashif Zafar
Head of Islamic Banking Finance, Sohar Islamic

Riza Ismail, Senior Counsel, Head Banking & Finance Practice Group, Al Alawi & Co

Riza Ismail
Senior Counsel, Head Banking and Finance Practice Group, Al Alawi & Co

Sadaf Buchanan, Partner, Dentons

Sadaf Buchanan
Partner, Dentons

Said Al-Shahry, Managing Partner, Said Al Shahry & Partners

Said Al-Shahry
Managing Partner, Said Al Shahry & Partners

ShamzaniHussain

Shamzani Hussain
General Manager, Meethaq Islamic Banking, Bank Muscat

FORUM PARTNERS

LEAD PARTNER

Bank Nizwa

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Bank Nizwa started operations in January 2013 to offer the people of Oman a unique banking experience that combines Shariah compliant products and services with today’s dynamic financial requirements. Bank Nizwa’s strategy was built on innovation, service excellence and continuous development and growth. Catering to the people of Oman with an unmatchable banking experience, Bank Nizwa effectively combines Shariah compliant products and services with today’s dynamic financial needs.

Closing in on six years as Oman’s go-to reference of Islamic finance and banking, Bank Nizwa has witnessed steady growth in its customer base as more people seek an alternative solution to conventional banking. With the concept of Islamic banking gaining momentum in Oman, Bank Nizwa continues to offer reliable competitive propositions for customers looking to lead financially-secure lifestyles.

In tandem with its ongoing strategy to bring Islamic banking to customers’ doorsteps and fingertips, the bank currently offers a suite of financing, savings and investment products for individual customers. The bank has also expanded its services to cater to SME, corporate and commercial customers, while providing tailored products for the segments of investment banking and global markets. With innovation at the forefront of its successful operations, Bank Nizwa has been consistently introducing forward-thinking products and services such as its online and mobile banking solutions.

To date, Bank Nizwa has focused on expanding its reach across the Sultanate and raising awareness on the benefits of Islamic finance with a network of 13 branches located in Qurum, Al Ghubrah, Al Khoudh, Nizwa, Ibra, Sumail, Sohar, Salalah, Sur, Barka, Buraimi, Ma’abela and Al Khuwair.

Guided by the principles of Shariah and a firm dedication to give back, Bank Nizwa has taken a leading role in promoting the social development of local communities. Since its inception, Bank Nizwa’s Masoliyati program has successfully served as a volunteering platform founded under the theme of ‘Responsibility’.

The bank’s long list of awards includes more than 25 local, regional and international awards over the years, including the ‘Strongest Islamic Retail Bank’ award in the Sultanate at the Islamic Retail Banking Awards 2018 for the fourth consecutive year, the ‘Islamic Bank of the Year’ award by the leading Corporate Livewire Finance Awards and the ‘Excellence in CSR in Islamic Finance’ award at the regional Corporate Social Responsibility in Islamic Finance Conference and Awards ceremony, to name but a few.

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MULTILATERAL STRATEGIC PARTNERS

The Islamic Corporation for the Development of the Private Sector (ICD)

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The Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral development financial institution and is part of the Islamic Development Bank (IDB) Group.

The ICD was established in November 1999 to support the economic development of its member countries through the provision of finance for private sector projects, promoting competition and entrepreneurship, providing advisory services to governments and private companies and encouraging cross-border investments.

The ICD has an authorized capital of US$4 billion. Currently, the shareholders of the ICD are the IDB (50%), 53 Islamic countries (30%) and five public financial institutions (20%).

ICD mandate and objectives

The ICD fosters sustainable economic growth in its 53 member countries by:

  • Financing private sector investment
  • Mobilizing capital in the international financial markets, and
  • Providing advisory services to business and governments.

The ICD selects the financing projects based on their contribution to economic development considering factors such as job creation, Islamic finance development, contribution to exports, etc. The ICD also provides advisory services to governments and private sector groups on policies designed to encourage the establishment, expansion and modernization of private enterprises, the development of capital markets, best management practices and to enhance the role of the market economy. The ICD operates to complement the activities of the IDB in member countries.

The ICD is rated ‘AA/FQ’ by Fitch Ratings, ‘Aa3/P-1’ by Moody’s Investors Service and ‘A+’ by Standard & Poor’s.

FOR MORE INFORMATION

Tel: (966-12) 6361400; (966-12) 6441644

Fax: (966-12) 644 4427

Email: [email protected]

Website: www.icd-ps.org

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The Islamic Corporation for The Insurance Of Investment And Export Credit (ICIEC)

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Established 26 years ago in 1994 as a multilateral institution and a member of the Islamic Development Bank Group, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) was tasked to promote cross-border trade and foreign direct investments in its member countries.

The ICIEC’s mission is to make trade and investment between member countries and the world more secure through the Shariah compliant risk mitigation tool. Its vision is to be recognized as the preferred enabler of trade and investment for sustainable economic development in member countries.

The ICIEC is the only multilateral export credit and investment insurance corporation in the world that provides Shariah-compliant insurance and reinsurance solutions.

Today, the ICIEC supports trade and investment flows in 47 member countries spanning across Europe, Asia, the Middle East and Africa. Its target clients are corporates (both exporters and investors), banks and financial institutions as well as export credit agencies and insurers.

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International Islamic Trade Finance Corporation

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The International Islamic Trade Finance Corporation (ITFC) is a member of the IDB Group. It was established with the purpose of advancing trade among OIC member countries, which would ultimately contribute to the overarching goal of improving the socioeconomic conditions of the people across the world. The ITFC commenced operations in January 2008 and has since consolidated all trade finance businesses that used to be handled by various windows within the IDB Group. Earning an ‘A1’ rating from Moody’s Investors Service reflects the ITFC’s efficiency in service delivery by responding swiftly to customer needs in a market-driven business environment.

Since 2008, the ITFC has provided more than US$40.2 billion of trade financing to OIC member countries, making it the leading provider of trade solutions for the needs of OIC member countries. With a mission of being a catalyst for trade development among OIC member countries and beyond, the ITFC helps entities in member countries gain better access to trade finance and provides them with the necessary trade-related capacity-building tools, which would enable them to successfully compete in the global market.

 

Contact us at:

Twitter: @ITFCCORP
Facebook: @ITFCCORP
Linkedin: International Islamic Trade Finance Corporation (ITFC)

Tel: +966 12 646 8337
Fax: +966 12 637 1064
E-mail: [email protected]
Website: http://www.itfc-idb.org/en

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ASSOCIATE PARTNER

Al Busaidy Mansoor Jamal & Co (AMJ)

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AMJ’s award-winning Islamic finance practice provides clients with advice and representation on a broad spectrum of Islamic finance transactions (including capital market transactions), regulatory frameworks and products.

The dedicated Islamic finance team comprises international lawyers who have advised on numerous high-profile and innovative transactions in Asia, the Middle East and Europe. The team combines technical expertise in conventional financing with a deep understanding and commitment to the principles and mechanics of Shariah compliant instruments and transactions. They have the experience and know-how to structure and implement complex investment, finance and debt capital market transactions which meet both Shariah and/or conventional banking requirements and also satisfy regulatory requirements. The practice is fully integrated with our internationally-ranked finance and capital market practices, giving it unrivaled depth in the market.

The team has advised governments, corporates, Islamic and conventional financial institutions, banks and funds on Sukuk, funds, structured products and securitization and project financing using the entire spectrum of Shariah compliant instruments.

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STRATEGIC PARTNER

Capital Markets Malaysia

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As part of its mandate to develop the capital market, the Securities Commission Malaysia (SC) set up the Capital Markets Promotion Council in 2012 to strengthen its internationalization agenda for Malaysia’s capital market. In 2014, the SC launched Capital Markets Malaysia (CMM) to spearhead both the local and international positioning and profiling of the Malaysian capital market with its wide range of conventional and Islamic products, supported by a strong governance infrastructure. CMM profiles the competitiveness and attractiveness of the various segments of the capital market via a comprehensive and integrated approach to increase international participation and enhance opportunities for Malaysian capital market intermediaries.

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ASSOCIATE PARTNER

Al Busaidy Mansoor Jamal & Co (AMJ)

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AMJ’s award-winning Islamic finance practice provides clients with advice and representation on a broad spectrum of Islamic finance transactions (including capital market transactions), regulatory frameworks and products.

The dedicated Islamic finance team comprises international lawyers who have advised on numerous high-profile and innovative transactions in Asia, the Middle East and Europe. The team combines technical expertise in conventional financing with a deep understanding and commitment to the principles and mechanics of Shariah compliant instruments and transactions. They have the experience and know-how to structure and implement complex investment, finance and debt capital market transactions which meet both Shariah and/or conventional banking requirements and also satisfy regulatory requirements. The practice is fully integrated with our internationally-ranked finance and capital market practices, giving it unrivaled depth in the market.

The team has advised governments, corporates, Islamic and conventional financial institutions, banks and funds on Sukuk, funds, structured products and securitization and project financing using the entire spectrum of Shariah compliant instruments.

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STRATEGIC PARTNER

Capital Markets Malaysia

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As part of its mandate to develop the capital market, the Securities Commission Malaysia (SC) set up the Capital Markets Promotion Council in 2012 to strengthen its internationalization agenda for Malaysia’s capital market. In 2014, the SC launched Capital Markets Malaysia (CMM) to spearhead both the local and international positioning and profiling of the Malaysian capital market with its wide range of conventional and Islamic products, supported by a strong governance infrastructure. CMM profiles the competitiveness and attractiveness of the various segments of the capital market via a comprehensive and integrated approach to increase international participation and enhance opportunities for Malaysian capital market intermediaries.

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PARTNERS

Carrera Learning

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Carrera Learning is an innovative e-learning platform enabling users and companies to build their Islamic finance capabilities. We have extensive experience working with world-class financial institutions and organizations as well as professionals.

The Carrera Learning platform is part of Islamic Finance Navigator.

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Dentons

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Dentons is a global law firm driven to provide clients with a competitive edge in an increasingly complex and interconnected world. Our Middle East network is one of the largest and longest established of any international law firm in the region – we have been on the ground for half a century. With more than 110 legal professionals, many of them bilingual in Arabic and English, our team delivers a comprehensive understanding of local laws, customs and practices.

Dentons’s Islamic finance team is a leader in its field. We are at the forefront of innovation in Islamic finance and work closely with key industry stakeholders. Clients use us for our unrivalled Shariah local knowledge and international expertise across the Middle East, Europe and Asia. We offer a full range of services in domestic and international Islamic finance law advice. Our Shariah solutions are world class, offering practical experience and expertise across a wide range of industry sectors.

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Eiger

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Eiger Trading Advisors (Eiger) is a UK-based asset-trading and technology company founded in 2008, which specializes as an intermediary in Islamic financial products.

As a leading intermediary and technology provider within the commodity Murabahah space, Eiger has the unique capabilities to deliver Shariah compliant commodity trading solutions through the Eiger Trading Platform (ETP), a web-based trading system, that we tailor to our bank clients’ exact operational requirements.

The ETP automates the structuring and execution of Islamic banking products for wholesale and retail commodity-backed transactions, including two new enhanced modules:

  • ETP Retail – A 24/7 STP platform designed to automate the end-to-end commodity Murabahah transactions underpinning retail banking products such as deposits, loans, CASA, credit cards
  • ETP Client Reach – A bespoke middle and back office module designed to streamline Islamic treasury and derivative transactions, including execution and documentation with our clients’ clients.

Eiger is authorized and regulated by the UK’s Financial Conduct Authority, and is both a member of the London Metal Exchange and an associate of the London Platinum and Palladium Market.

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IdealRatings

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IdealRatings was incorporated in 2006 in San Francisco with a corporate objective to provide SRI/ESG and Shariah compliant solutions to ethical investors and enable them to identify such instruments across different asset classes in the global market. IdealRatings serves clients in over 30 countries with a range of capital market solutions including:

  • Equities – A web-based platform covering over 40,000 stocks, where fund managers can screen equities using different, custom-built ESG/SRI/Responsible Investments and Shariah rulebooks or guidelines. This solution caters to different purification calculation methodologies with a comprehensive set of reports for fund managers to manage their portfolio.
  • REITs – Global coverage of all listed REITs that could be screened in accordance with different standard Shariah rulebooks or guidelines.
  • Indexes – Co-branded and jointly marketed by FTSE-Russell Indexes and a separate series with Thomson Reuters for the global markets, designed for fund management and investment benchmarking. In addition, IdealRatings is able to provide custom-built indexes for the fund management industry.
  • Sukuk – A unique solution which includes the global Sukuk and a pioneering Sukuk-screening solution that enables fund managers to customize their Sukuk selection in accordance to their Shariah rulebook, guidelines or investment preference, and
  • Brokerage – The solution provides broking houses the ability to screen global equity markets, a technical analysis of the markets and equities, buy/sell/hold recommendations and purification amounts.
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Maisarah Islamic Banking

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Maisarah, the Islamic banking window of BankDhofar, is one of the fastest-growing Islamic banking entities in the Sultanate of Oman with total assets exceeding US$1.5 billion. Maisarah is enhancing its footprint with well-experienced business divisions with expertise in investment banking, treasury, wholesale banking, trade finance and retail banking.

Maisarah offers a diverse range of superior Shariah compliant products and services as part of its continuous commitment to fulfill the long-term goals of its stakeholders. Maisarah has grown tremendously since its inception and is strengthening its position with a strong performance track record and remarkable milestones in the Islamic finance market. In 2019, Maisarah grew its gross financing portfolio by 12.4% and customer deposits grew by 14.7%. In 2020, Maisarah continues its commitment to reach out to a larger customer base with upgraded systems, cutting-edge technology and state-of-the-art financial and investment solutions.

In recognition of the achievements, Maisarah has won many accolades since its inception, including the ‘Best Islamic Bank in Oman’ at the Middle East Banking Award Finance’s Achievement Awards and ‘IFN Oman Deal of the Year Award 2018’.

With a focus on the future, Maisarah is already enhancing its technological capabilities, digitalization, transformation and aggressive expansion of its channels to meet growing customer needs and expectations.

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Moody’s Investors Service

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Moody’s is a global risk assessment firm that empowers organizations to make better decisions. Its data, analytical solutions and insights help decision-makers identify opportunities and manage the risks of doing business with others. We believe that greater transparency, more informed decisions and fair access to information open the door to shared progress.

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Muzn Islamic Banking

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Part of the National Bank of Oman (NBO) Group, Muzn Islamic Banking is a licensed Islamic banking window operating in the Sultanate of Oman providing Shariah compliant financial solutions to customers.

Muzn’s Shariah supervisory board comprises world-renowned scholars and is the highest authority for all Sharia related matters, ensuring Shariah compliance at all times and at all levels within the bank.

Muzn’s corporate banking
At Muzn’s corporate banking, we strive to understand our customer’s business requirements by maintaining long-term, steady relationships. Our in-depth knowledge of the different industry sectors in the Sultanate of Oman has been built over the years. We also provide innovative Shariah compliant solutions that cover corporate finance, project finance, trade finance, capital and treasury products and retail banking services. Our dedicated team of relationship managers will match your business needs with Shariah compliant corporate banking solutions.

Our vision is to stand firm with our customers while identifying areas for growth and efficiency. We are able to suggest practical, cost-effective Shariah compliant methods to take advantage of the opportunities that have arisen with the introduction of Islamic banking in the Sultanate of Oman.

Muzn’s retail banking
Muzn’s retail banking provides a diverse range of Islamic banking solutions that allow our customers to fulfill their financial requirements — from buying a home to saving to securing their children’s future.

Muzn’s privilege banking
Privilege customers may enjoy the following benefits:
• Attractive profit rates on the Privilege Premium Account and Muzn Flexi Wakala Elite Account
• Muzn Privilege Platinum Debit Card
• Access to over 950 airport lounges worldwide, and
• Privilege merchant discounts and benefits.

Muzn’s e-channels
Our digital banking solutions make Islamic banking even more convenient. Our channels include retail and corporate internet banking and mobile banking.

Muzn’s CCDM facility
Muzn customers can deposit funds directly into their accounts through any of the NBO’s 60 automated cash and cheque deposit machines (CCDMs) located across the Sultanate.

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TECHNOLOGY PARTNER

Codebase Technologies

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Codebase Technologies builds modern digital banks, developing application programming interface-driven technologies to deliver new customer experiences. Supporting institutions with cloud-agnostic digital-ready solutions, it operates as a research and development think tank that enables any business to pursue their ambitions for a seamlessly integrated, lifestyle-enhancing digital financial experience at a fraction of the time and cost.

Its highly robust and scalable open architecture framework and flagship platform ensemble, Digibanc™, the most comprehensive one-stop shop ‘bank in a box’, gives Codebase Technologies the key to unlock the true potential of the new-era digital financial ecosystem.

With solutions encompassing customer onboarding, middleware, payments, asset management and channel deployments, Codebase Technologies provides the expertise that allows your business to focus on what’s important — the customer.

Codebase Technologies operates across ASEAN, the GCC and Australia, providing proprietary technology products and advisory services to institutions looking to challenge the next digital frontier.

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Last Visit to Muscat

IFN Oman Forum 2019

Oman has been the hotbed of interest 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.

As at the end of the first quarter of 2018, Islamic banking assets was recorded at OMR1.41 billion (US$3.65 billion), a 36.9% year-on-year increase from OMR1.03 billion (US$2.67 billion). Revenues generated by the Sultanate’s Islamic banking industry during the same period was realized at OMR17.87 million (US$46.31 million), an increase of 46.12% from OMR12.23 million (US$31.69 million) recorded in the first quarter of 2017.

Full Details
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FORUM PHOTOS

TESTIMONIALS

Chitrajit Chakrabarti- oman 2018

We were very pleased with the attendance of all the major banks and fintechs from India, Pakistan, Iran, and Bahrain that participated. It was a small setup but one of the very well-organized and compact ones. On behalf of Monami Tech, we appreciate the exposure and hope to be considered for speaking opportunities in the future.

Chitrajit Chakrabarti
VP International Business, Monami Tech

Khalid Al Kayed- oman 2018

Thanks and appreciation for the excellent organization of the forum. It was also our pleasure to participate in the prestigious event. We look forward to 2019’s edition too.

Khalid Al Kayed
CEO, Bank Nizwa

Sulaiman Hamad Al Harthi- oman 2018

Thanks for having me at this very high-profile event and allowing me to speak and learn and share views at the dialogue. I am sure IFN Events will be followed in the future and participants will be waiting for it.

Sulaiman Hamad Al Harthi
Deputy CEO - Islamic Banking ,Islamic Banking Group Bank Muscat

Mughees Shaukat-oman19

Thank you IFN for these productive events you guys do the world over. Always felt at home and keen to contribute and promote these efforts.

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

Girish Koli-oman19

It was indeed a pleasant experience and enjoyable events including networking.

Girish Koli
CFO, Al Madina Real Estate Company

Muhammad Kashif Zafar-oman19

Indeed it was a great event. The IFN team did a great job. I want to extend a special thank you for having Sohar Islamic as a sponsor and me as a panelist. I would love to have senior management participation next time. We can discuss that nearer to the event date. Also, I hope that we can get more companies on board.

Muhammad Kashif Zafar
Head of Islamic Banking Finance, Sohar Islamic

Maisarah Islamic Banking Services-oman19

The experience of attending IFN Oman 2019 event has been wonderful. It hits all the right notes with contemporary issues being discussed and experts sharing their thoughts. The format has been well planned with conference sessions and networking sessions evenly paced out. It was a pleasure to meet all the financial industry experts, regulatory bodies and clients present at the event.

Maisarah Islamic Banking Services

For any inquiries contact us

Our team will be glad to answer any questions you may have about this event.

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REDmoney Events designs, organizes and hosts industry-leading conferences, forums, roadshows and seminars focusing on the Islamic financial markets across a global, regional and national level.

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[email protected]

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