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IFN Oman Forum 2025

In partnership with

CMA

8th September 2025
Grand Hyatt Muscat

2025 IN NUMBERS
Registered Delegates
364
Registered Companies
99
Industry Expert Speakers
32
Pre-arranged Introductions
39

Watch Now

  • Keynote Address
  • Keynote Address
  • Session 1
  • Presentation
  • Session 2
  • Presentation
  • Presentation
  • Session 3
  • Session 4
  • Presentation
  • Session 5
  • Session 6

Keynote Address

Keynote Address

Dr Qais Issa Mohammed Al Yahyai , Chief Economist, Central Bank of Oman

Keynote Address

Keynote Address

Faiz Azmi , Executive Chairman, Securities Commission Malaysia

Session 1

Islamic Financial Services - Driving Oman’s Economic Transformation

Having developed an impressive range of financial products – from banking to capital markets to investment management – what is next for Oman’s Islamic financial services sector? What strategic initiatives are influencing this development, and what role do regulators and financial institutions have to play?

Moderator:

Asad Qayyum, Managing Partner, MAQ Legal

Panelists:

Ali Ahmed Al Lawati, AGM – Meethaq Corporate Banking, Meethaq Islamic Banking
Ali Hassan Moosa, Financial Expert/Adviser, Ministry of Finance
Khalid Al Kayed, CEO, Bank Nizwa
Mohammed Said Al Abri, CEO, Muscat Clearing and Depository
Thamer Al Shahry, Partner, SASLO

Presentation

Presentation - The Road Ahead: Oman’s Macroeconomic Outlook and Financial Sector Evolution

Azza Al Habsi , AVP – Economic Research and Emerging Trends, Ominvest

Session 2

A Focus on Endowment: The Potential for Waqf in Oman

With significant current focus on the application of Waqf in Oman, what is its potential across a range of Islamic financing and business activities, including banking, asset management and capital markets?

Moderator:

Professor David Russell KC, Barrister at Law, Outer Temple Chambers

Panelists:

Mohamed Anwar Al Lawati, Head of Investments, Private Equity, TANMIA
Sami Arfah Bait Rashid, AGM – Meethaq Personal Banking, Meethaq Islamic Banking
Sherif Hampton, Special Counsel, SASLO

Presentation

Presentation - The IILM Sukuk Programme: Enhancing Liquidity in Global Islamic Finance

Mohamad Safri Shahul Hamid , CEO, International Islamic Liquidity Management Corporation

Presentation

Presentation – The Case for Digital Assets

Max Freeman , Founder and CEO, Epicenter Labs

Session 3

Open for Business: Oman’s Islamic Capital Market

How have recent Shariah compliant IPOs and Sukuk transactions moved the dial in terms of interest in Oman, and how can this impressive momentum be maintained? Does the secondary market across multiple asset classes offer sufficient liquidity and depth, and is sustainability given enough recognition by issuers and advisors? What other opportunities are on offer for Islamic capital markets in Oman, in what sectors, and what needs to be done to capitalise on these?

Moderator:

Oliver Agha, Managing Partner, Agha & Co and Columnist, IFN (The Islamic Legal Opinion)

Panelists:

Hichem Bouqniss, Executive Director of Business Operations, International Islamic Liquidity Management Corporation
Jonathan Segal, Group Treasurer and Head of Capital Markets, Energy Development Oman
Kemal Rizadi Arbi, Expert/Adviser, Financial Services Authority
Mohamad Noranuar Sajari, Head of Shariah Structuring, Bank Nizwa

Session 4

Driving Innovation and Transformation in Islamic Banking and Takaful in Oman

How have domestic Islamic financial institutions performed, and what is a realistic assessment of asset quality, funding and liquidity conditions in the banking market? How is digital transformation advancing the development of new Islamic banking and Takaful products in Oman, and can technology be better applied to improving user experience? How can Islamic financial products incorporate important sustainability characteristics and recognise climate risk?

Moderator:

Aisha Al Kharusi, Deputy Executive Chair, Modern College of Business and Science

Panelists:

Ahmed Ibrahim Lamei, Senior Manager, ITS Dr Eskandar Shah, CEO, ISRA International Consulting Firas Al Lawati, Deputy CTO for Digital Transformation, Central Bank of Oman Mohammed Al Hashmi, Chief Compliance Officer, Bank Nizwa Rafiza Ghazali, CEO, KAF Digital Bank

Presentation

Presentation – Malaysia’s Leadership in Islamic Finance: Bridging Opportunities

This presentation highlights Malaysia’s competitive edge as the leader in Islamic finance, showcasing its potential to connect markets, ideas, and capital flows across borders. Leveraging a strong regulatory framework, deep market expertise, and a proven record of innovation, Malaysia continues to bridge opportunities between domestic strengths and international aspirations. It will also highlight Malaysia’s role in building investment corridors, enhance market connectivity, and unlock sustainable growth opportunities.

Azman Mokhtar, Chairman, MIFC Leadership Council

Session 5

Islamic Investment Products and Asset Management in Oman

What are notable developments in investment management, including those influencing investment patterns, asset allocation and product innovation? Is Islamic asset management positioned effectively, what more could be done to provide Islamic investment and wealth management products, and is climate risk offered sufficient recognition? How is the growth of Islamic mutual funds, ETFs and REITs shaping the industry, and what role does private capital have to play?

Moderator:

Oliver Agha, Managing Partner, Agha & Co and Columnist, IFN (The Islamic Legal Opinion)

Panelists:

Anastasia Lim, Head of Fixed Income, Portfolio Manager, Jabal Asset Management
Dr Ehab Elsonbaty, Partner, DLA Piper
Ibrahim Shaikh, Principal Investments, Wahed Invest
Raja Amir Shah Raja Azwa, CEO, HSBC Amanah Malaysia
Shahariah Shaharudin, President, Saturna Malaysia

Session 6

Case Study: Why Islamic, Not Conventional? Understanding the Drivers Behind Shariah Compliant Transactions

What motivates issuers and investors to choose Shariah compliant structures over conventional? We explore the strategic, commercial, regulatory, and ethical factors that shape this decision—ranging from market demand and investor preferences to regulatory incentives and reputational considerations. We examine what these choices reveal about evolving market dynamics and the future development of Islamic financial services.

Moderator:

Mohsin Shaik Sehu Mohamed, Head of Investment Banking and Capital Markets, Dhofar Islamic

Panelist:

Ahmed Tabook, Head of Treasury, Tax and Insurance, OQ Base Industries

About the IFN Oman Forum 2025

Oman had an impressive Islamic finance story to tell. The last in the GCC to board the Islamic finance train, Oman charted enviable progress, with the regulators – the Financial Services Authority and the Central Bank of Oman – at the forefront, pushing the industry forward with robust regulations, a clear vision and continuous engagement with stakeholders.

The Sultanate built a holistic ecosystem with a promising Islamic asset management sector, an active Sukuk market and a growing Takaful segment. Oman was also consistently recognized in the annual IFN Deals of the Year awards, showcasing its innovative and proactive approach. It was predicted that the sector would command approximately 20% of overall banking assets by the end of 2025, and if the past years were anything to go by, this would have been surpassed.

We were delighted to return to Muscat with the 10th IFN Oman Forum, once again with the support of regulators and leading Islamic financial institutions.

View Post Event Report

Forum Keynotes

Faiz Azmi

Faiz Azmi

Executive Chairman, Securities Commission Malaysia
Faiz Azmi
Faiz Azmi
Executive Chairman, Securities Commission Malaysia

Appointed by the Malaysian Minister of Finance as the Executive Chairman of the Securities Commission of Malaysia (SC) in June 2024, Mohammad Faiz Azmi was an SC Board Member since August 2023. He was the Chairman of PwC Malaysia for 11 out of his 30 years with the firm, and has over 38 years of experience in the audit and business advisory services sectors in Malaysia and the UK. He was the leader of PwC’s Global Islamic Finance Team practice from 2007 to 2012 and was also PwC Malaysia’s Financial Services Leader and Joint Head of Audit, leading the ESG and Shariah Investing part of PwC’s Sustainability and Climate Change practice. He retired as a Partner and Executive Chairman of PwC Malaysia in June 2023.

Much of Mohammad’s recent work has been with the federal and state governments, involving work related to accrual accounting. He has also been involved in the financial restructuring of government agencies as well as investigations. He is a Member of the Malaysian Institute of Accountants, where he was a Former President and a Fellow of the Institute of Chartered Accountants in England and Wales. He has held the post of Chairman of the Malaysia Accounting Standards Board, President of the Kuala Lumpur Business Club and ICAEW City Group Chairman.

Mohammad Faiz was educated in Malaysia and the UK, and read law at the University of Durham before being called to the English Bar. He is a Member of the Worshipful Company of Chartered Accountants England and Wales and was conferred an Honorary Degree of Doctor of Laws by the University of Nottingham in 2016.

Dr Qais Issa Mohammed Al Yahyai

Dr Qais Issa Mohammed Al Yahyai

Chief Economist, Central Bank of Oman
Dr Qais Issa Mohammed Al Yahyai
Dr Qais Issa Mohammed Al Yahyai
Chief Economist, Central Bank of Oman

Forum Speakers

Ahmed Ibrahim Lamei

Ahmed Ibrahim Lamei

Senior Manager, ITS
Ahmed Ibrahim Lamei
Ahmed Ibrahim Lamei
Senior Manager, ITS

Ahmed Lamei leads product management at ITS, a core banking solutions provider serving Islamic financial institutions across the GCC, Africa, Southeast Asia, and Central Asia. He drives the design and rollout of ITS’s digital banking platforms, enabling Shariah-compliant transformation at scale.

Ahmed Tabook

Ahmed Tabook

Head of Treasury, Tax and Insurance, OQ Base Industries
Ahmed Tabook
Ahmed Tabook
Head of Treasury, Tax and Insurance, OQ Base Industries

Ahmed Tabook is the Head of Treasury, Tax & Insurance at OQ Base Industries, with over 15 years of experience in financial management across the oil, gas, petrochemicals sector in addition worked in Sultanate of Oman Ministry of Finance. A graduate of Sultan Qaboos University with a Bachelor’s degree in Finance, Ahmed has led major initiatives in treasury, cash flow optimization, taxation, insurance, financial controlling, and governance. He played a pivotal role in process automation, risk management, and large-scale financing projects, including the successful execution of OQBI’s Shariah-compliant IPO. Ahmed’s expertise and leadership continue to support OQBI’s strategic financial growth while promoting innovation and best practices in the region’s capital markets.

Aisha Al Kharusi

Aisha Al Kharusi

Deputy Executive Chairperson, Modern College of Business and Science
Aisha Al Kharusi
Aisha Al Kharusi
Deputy Executive Chairperson, Modern College of Business and Science

Aisha Al Kharusi is the Deputy Executive Chairperson of the Modern College of Business and Science, Oman’s oldest full-fledged private institution, overseeing transformation and innovation within the college. With a proven track record of leadership and strategic vision, she brings a wealth of experience to this pivotal role for driving progress and a commitment to excellence.

Prior to this role, Aisha served as the Assistant General Manager of Government and Institutional Banking, Chief Marketing Officer in Oman’s leading Islamic bank. From 2009 to 2012, she was the executive manager of corporate communications and strategy, a key leadership team member and a strategic, long-range business planner of Oman’s oldest commercial bank, National Bank of Oman. Earlier, she was the Deputy Regional Director of The Boeing Company, part of the team responsible for setting up the largest aerospace company, the Middle East Dubai Office, covering ten regional countries. Her responsibilities included international relations, university relations and the Global Corporate Citizenship arm.

Aisha began her career with USA Today in Washington, DC, followed by a publishing firm in Oman and a short tenure at Sultan Qaboos University. In her nearly three decades of work experience, she has held several other senior leadership positions at the corporate level and mid-level management. Aisha has completed several leadership courses and programs. In 2016, she was selected to join the National CEO program organized by the Diwan Royal Court and led by IMD Business School and the National University of Singapore. Aisha also completed a senior executive program at the London Business School. She has served on several boards, including founding board members of inJAz Oman, AEISEC Oman, Oman Business Forum, Oman Chamber of Commerce’s Businesswoman Forum and the Capital Market Authority.

Aisha has a Bachelor’s degree from the American University, Washington, DC, and a Master’s degree in Communication Design from the University of Arts London, Central Saint Martins. She has received several awards, including Woman of the Year 2012 from the Al Mar’a Excellence Award. Aisha was listed among the Most Powerful Women in Corporate Oman by the Oman Economic Review. Aisha’s leadership skills have been honed through her experiences in the UK, Washington, DC, Cologne, Germany, Dubai, the UAE and most of the Middle East. Beyond her professional life, Aisha is deeply involved in philanthropy. She sits on the board of Bwejuu Charity School in Zanzibar, East Africa, a school for underprivileged children with over 600 students. In Oman, she was a board member of Children First, UNICEF Oman Leadership Circle and a founding member of the Association of Early Intervention for Children with Special Needs.

Ali Ahmed Al Lawati

Ali Ahmed Al Lawati

AGM - Meethaq Corporate Banking, Meethaq Islamic Banking
Ali Ahmed Al Lawati
Ali Ahmed Al Lawati
AGM - Meethaq Corporate Banking, Meethaq Islamic Banking

Ali Al Lawati joined Bank Muscat in 2004 and has more than 20 years of banking experience in various segments, including retail banking, SME, corporate banking, project finance, and investment banking, ranging from working with individuals, MSMEs, corporates, pension funds, family business and individual business clients mainly in the Sultanate of Oman and GCC.

Ali was closely involved in setting up the bancassurance and mortgage lending and is the founding member of the Retail Enterprise Unit at Bank Muscat, which provides products and services to the micro enterprises. He applies this expertise to develop custom plans for SMEs and corporates to help them sustain and grow.

Ali’s experience includes working with HSBC Bank in Oman for three years. He holds a Master’s degree in Business Administration from the University of Kent. He is also a Certified Accountant Technician and Certified SME expert, in addition to being a graduate from INSEAD business school management program and the Islamic Financial Qualification.

Ali Hassan Moosa

Ali Hassan Moosa

Financial Expert/Adviser, Ministry of Finance
Ali Hassan Moosa
Ali Hassan Moosa
Financial Expert/Adviser, Ministry of Finance

Ali Hassan Moosa is a distinguished leader with over 30 years of extensive experience across the banking, technology, real estate and hospitality sectors. Based in Muscat, Oman, Ali has demonstrated a profound commitment to advancing financial sector development through innovation and strategic leadership. Ali’s current role as Financial Expert in the Ministry of Finance at Estidamah, the National Programme for Fiscal Sustainability and Development of the Financial Sector, underscores his pivotal role in harmonizing fiscal, monetary and economic policies in Oman. Ali is also a member of the Finance and Insurance Committee at the Oman Chamber of Commerce & Industry which plays a crucial role in fostering the development of the financial and insurance sectors within the Sultanate of Oman. Furthermore, Ali is a member of the Advisory Council at Muscat College providing expert advice and sharing latest industry trends with Academia to assist the college in teaching and research.

Anastasia Lim

Anastasia Lim

Head of Fixed Income, Portfolio Manager, Jabal Asset Management
Anastasia Lim
Anastasia Lim
Head of Fixed Income, Portfolio Manager, Jabal Asset Management

Anastasia Lim is the Head of Fixed Income at Jabal Asset Management, where she leads the firm’s fixed income and money market business. Since joining in 2024, she has played a key role in expanding the firm’s investment offerings, notably launching two flagship funds: the Jabal Fixed Income Fund and the Jabal Money Market Fund. With over 12 years of experience in the global fixed income space, Anastasia brings deep expertise across conventional and Sukuk instruments, credit markets and regional strategies. Prior to Jabal, she was a Portfolio Manager at the Malaysian Employees Provident Fund (EPF), one of the world’s largest pension funds, where she managed over US$4 billion in global fixed income assets within EPF’s broader US$250 billion portfolio. Her focus was primarily on public fixed income markets.  

Anastasia holds a Bachelor’s Degree in Economics from the University of Manchester. During her studies, she spent a semester abroad at Harvard University and completed a summer program in Art Business at Sotheby’s Institute of Art in London. She is a licensed dealer in Malaysia, an Ordinary Member of the Financial Markets Association Malaysia, and has completed the Oman Securities Market Regulations Exam. She speaks six languages to varying degrees and is currently learning Arabic. 

Asad Qayyum

Asad Qayyum

Managing Partner, MAQ Legal
Asad Qayyum
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 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. He 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’s expertise is in advising sovereign 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).

Azman Mokhtar

Azman Mokhtar

Chairman, MIFC Leadership Council
Azman Mokhtar
Azman Mokhtar
Chairman, MIFC Leadership Council

Azman Mokhtar is a prominent Malaysian leader in finance, education, and public policy. He currently serves as Chairman of the Malaysia International Islamic Finance Centre Leadership Council, Universiti Teknologi Malaysia, and INCEIF University. He also sits on influential global platforms including the World Economic Forum’s Global Future Council on Investing, the Global Ethical Finance Initiative (Edinburgh), and advisory boards at Oxford University, SOAS London, Hamad Bin Khalifa University (Qatar), and Saudi Arabia’s Investment Advisory Council. He is also a Senior Fellow at IKIM Malaysia and active in humanitarian and educational organizations such as MERCY Malaysia and the Malay College Kuala Kangsar. From 2004 to 2018, Azman was Managing Director of Khazanah Nasional Berhad, Malaysia’s sovereign wealth fund, where he transformed the institution into a regional leader. Under his leadership, Khazanah’s net portfolio value rose 3.5 times to RM115.6 billion, with significant international expansion and investments in financial services, telecoms, infrastructure, healthcare, and technology. He spearheaded the Government-Linked Companies Transformation Program, oversaw the development of Iskandar Malaysia, and drove the creation of IHH Healthcare, now one of the world’s largest hospital groups. Earlier in his career, Azman co-founded financial advisory firm BinaFikir, headed research at UBS and Salomon Smith Barney Malaysia. His leadership at Khazanah extended beyond investment returns, embedding frameworks for responsible investment, Islamic and sustainable finance, corporate governance, and human capital development. He established institutions such as Yayasan Hasanah, Yayasan Khazanah, Khazanah Research Institute, Think City, and the Taman Tugu Park initiative. Academically, Azman holds an M.Phil in Development Studies from Cambridge, a Diploma in Islamic Studies, and is both a CFA Charterholder and ACCA Fellow. His contributions have earned numerous awards, including recognition as Malaysia’s Outstanding CEO (2016) and humanitarian honors from MERCY Malaysia (2019).

Azza Al Habsi

Azza Al Habsi

AVP – Economic Research and Emerging Trends, Ominvest 
Azza Al Habsi
Azza Al Habsi
AVP – Economic Research and Emerging Trends, Ominvest 

Azza Alhabsi is an economist at Ominvest, Oman’s largest publicly listed investment firm. She leads macroeconomic and market research to guide investment strategies across global public and private markets. With over a decade of experience, including nearly 10 years at a sovereign wealth fund, she brings deep insight into Oman’s economy, fiscal policy and reform agenda, while also tracking regional and global dynamics.

Professor David Russell KC

Professor David Russell KC

Barrister at Law, Outer Temple Chambers
Professor David Russell KC
Professor David Russell KC
Barrister at Law, Outer Temple Chambers

David Russell KC commenced legal practice in 1974. He is licensed to practice in Australia, England and Wales (Lincoln’s Inn), the Courts of the Dubai International Financial Centre, New York (as a Legal Consultant), New Zealand and Papua New Guinea. He currently practices in Dubai, London, Abu Dhabi, Sydney and Brisbane. He has acted for commonwealth and state governments as well as individuals and corporations. David was President of the Taxation Institute of Australia from 1993 to 1995, and of the Asia Oceania Tax Consultants’ Association from 1996 to 2000. David is a current member of the panel of arbitrators of the Dubai International Arbitration Centre. He has lectured at the University of Sydney for the Master of Taxation course, the University of Queensland for the Master of Laws course and served as an Adjunct Professor of the University of Queensland. He is the Co-Editor of the Oxford University Press Journal Trusts & Trustees and was the Inaugural Chairman of the STEP International Client Special Interest Group. David was also the Deputy Chair and a Director of STEP and a Member of its World Wide Council and various committees as well as a Co-Chair of the United Arab Emirates Chapter of the International Section of the New York State Bar Association. Additionally he was a Member of the Executive Committee of the Section, an Academician of The International Academy of Estate and Trust Law, a Member of the Middle East and North Africa Branch Committee of the Chartered Institute of Taxation (UK), a Member of the Worshipful Company of Tax Advisers, a Freeman of the City of London and an Honorary Member of the Taxation Institute of Hong Kong. In 2016 he chaired the DIFC’s Wealth Management Review Working Group. David is listed in the Taxation Category in the Australian Financial Review/Best Lawyers review of the Australian Legal Profession in 2008 and all later years and in 2014 was the Tax Institute’s Chartered Tax Adviser of the Year. Since 2016, he has been recognised by Legal Week and The American Lawyer as part of the Private Client Global Elite.

Dr Ehab Elsonbaty

Dr Ehab Elsonbaty

Partner, DLA Piper
Dr Ehab Elsonbaty
Dr Ehab Elsonbaty
Partner, DLA Piper

Dr Ehab Elsonbaty’s practice focuses on sovereign wealth funds, government advice as well as projects and affairs, corporate matters, corporate governance, sustainability, ESG and Shariah compliant legal services. He advises Middle Eastern entities seeking to do business in the Americas and American clients seeking to do business in the Middle East. Ehab’s extensive transactional and regulatory experience enables him to provide efficient and effective strategic legal support in a wide variety of business matters. Ehab is a strategic adviser to many boards or directors and advisory boards. He helps the firm deliver seamless cross-border solutions for Middle East entities. Among them are corporate enterprises, private equity investors, family offices, government entities and sovereign wealth funds. He helps clients maximize inbound and outbound opportunities arising from this dynamic region, providing comprehensive bilingual legal services and sensitive on-the-ground awareness of each geography in this diverse region. Before joining DLA Piper, Ehab served as Senior Legal Counsel and Head of Corporate Governance and Government Affairs and Senior Adviser to the General Counsel on Special Projects at the Qatar Investment Authority, Qatar’s sovereign wealth fund and one of the largest sovereign wealth funds in the world. There, he was responsible for strategic, corporate, sustainability, ESG and special projects and transactions valued at billions of dollars as well as was a member of several management committees including the Management Investment Committee and the Crisis Management Committee. Earlier in his career, he served for six years as Senior Legal Adviser to the Amiri Diwan, the office of the Amir of Qatar at the Royal Court. During this time, Ehab was also a member of many policy and legal committees, among them the Permanent Legislative Committee of the Council of Ministers and the Committee for Review of Legislation as well as a Member of the National Committee to Review Commercial Laws of the Ministry of Economy and Trade. Ehab drafted and contributed to several laws and regulations of Qatar, GCC and Middle East. In addition, he served as a public prosecutor in the Egyptian public prosecution, and as a Judge in the commercial courts and was Assistant Minister of Justice for more than 15 years, most recently as a Judge in Cairo’s Court of Appeal. He is currently admitted to the Bar in Egypt and is a certified and practicing arbitrator and mediator and a Member of the Egyptian Judges Club. During his service in Egypt, Ehab was seconded to the Ministry of Justice’s Office for International Cooperation and Human Rights, was an Adviser to the Minister of Telecommunication and Information Technology, a Member of the National Committee for Humanitarian Law, a Member of the National Committee for Counter-Terrorism and the national committee to control the public elections. He has provided consultancy support to several regional and international organizations such as the UN, United Nations Office of Drugs and Crime, International Telecommunication Union, United Nations Conference on Trade and Development, the Council of Europe and the Arab League.

Firas Al Lawati

Firas Al Lawati

Deputy CTO for Digital Transformation, Central Bank of Oman
Firas Al Lawati
Firas Al Lawati
Deputy CTO for Digital Transformation, Central Bank of Oman

Firas Al Lawati is the Deputy CTO for Digital Transformation at the Central Bank of Oman. With a wealth of experience as the former General Manager of Payment Systems and Head of Fintech Committees in the Central Bank of Oman, Firas brings extensive knowledge and expertise to his current role as the General Manager of IT Directorate. He is holding master’s degree in Accounting and Business Information Technology from the University of New South Wales, Sydney and Bachelor degree from Sultan Qaboos University. His contributions span beyond the workplace, as he actively participates in local and international conferences, sharing insights and fostering collaboration. Known for his strategic mindset, Firas has successfully led and delivered numerous key projects, driving organizational growth, digital transformation and innovation. In addition to his professional role, Firas serves on the advisory boards of two prominent colleges in Oman.

Hichem Bouqniss

Hichem Bouqniss

Executive Director of Business Operations, International Islamic Liquidity Management Corporation
Hichem Bouqniss
Hichem Bouqniss
Executive Director of Business Operations, International Islamic Liquidity Management Corporation

Hichem Bouqniss is the Executive Director leading the Business Operations Department at the International Islamic Liquidity Management Corporation (IILM). He oversees the execution of business strategies, the regular issuances of short-term Sukuk, the origination and structuring of Islamic assets, the distribution of the IILM papers globally and the smooth running of the short-term certificates issuance program. Prior to joining the IILM, Hichem worked at BNP Paribas in the Middle East for eight years, specializing in structuring and distributing fixed income, foreign exchange and interest rate derivatives hedging solutions.

Ibrahim Shaikh

Ibrahim Shaikh

Principal Investments, Wahed Invest
Ibrahim Shaikh
Ibrahim Shaikh
Principal Investments, Wahed Invest

Ibrahim Shaikh is an experienced investment professional with over 11 years across public markets, private assets, and fund structuring, with a specialization in Shariah-compliant strategies. He currently serves as Principal – Investments at Wahed, where he leads the development and launch of alternative funds, UCITS ETFs, and global investment solutions tailored for institutional and retail investors. His work spans product structuring, investment manager selection, cross-border regulatory strategy, and portfolio governance – bridging institutional rigor with faith-based investing. Ibrahim has previously held senior roles at leading Islamic banks and sovereign wealth-backed institutions, managing proprietary public funds and advising ultra-high-net-worth clients and family offices on diversified portfolios across geographies. He has also led investment analysis and planning functions across private markets, including real estate, infrastructure, and special situations – with exposure to global markets including the US, UK, EU, and GCC. Ibrahim is a CFA Charterholder and holds an MBA in Finance from the University of Mumbai. He brings a deep understanding of how to align institutional investment processes with faith-based principles and is focused on expanding access to Shariah-compliant investment opportunities globally.

Jonathan Segal

Jonathan Segal

Group Treasurer and Head of Capital Markets, Energy Development Oman
Jonathan Segal
Jonathan Segal
Group Treasurer and Head of Capital Markets, Energy Development Oman

Jonathan Segal joined Energy Development Oman (EDO) as Director of Treasury & Capital Markets in November 2024. In this role, Jonathan and the EDO Treasury team are focused on accessing cost-effective and diversified financing for EDO, developing its investor base and maintaining the rating agency dialogue. Prior to joining EDO, Jonathan spent over 30 years in capital markets and corporate finance roles at international banks including Barclays, Deutsche Bank and MUFG; and advising governments, corporates and financial institutions on financing strategies and risk management. Jonathan has spent significant time dealing with clients in the GCC since 2007 and was based in Dubai from 2014 to 2017 before returning to London in a role focused primarily on developed market corporates. He also has experience on the buy side and with development finance, having acted as Chair of the Investment Committee of the African Local Currency Bond Fund (a fixed income fund backed by several DFIs) from 2015 to 2023. Jonathan is a CFA Charter holder, has a Master of Arts in Modern Languages from Cambridge University and speaks fluent French, German and Spanish.

Kemal Rizadi Arbi

Kemal Rizadi Arbi

Expert/Adviser, Financial Services Authority
Kemal Rizadi Arbi
Kemal Rizadi Arbi
Expert/Adviser, Financial Services Authority

Kemal Rizadi Arbi has 30 years global experience in the financial services and corporate sectors involving Islamic finance, corporate and investment banking, corporate governance, fund management, sustainable finance, crowdfunding platforms, fintech, virtual assets and as a regulator, policy maker and strategic developer of capital markets (including the Islamic capital market) in the Middle East and Asian region. He was appointed Board Member of the Securities Commission Malaysia (SC Malaysia) by the Prime Minister of Malaysia who is also the Minister of Finance. He is currently an Expert/Advisor at the Financial Services Authority (Oman FSA), which regulates and develops the financial industry in Oman relating to the capital market and insurance sectors (both conventional and Islamic). He has been involved in the development of the Islamic capital market in Oman from the very beginning since the introduction of Islamic finance in 2013 and led the issuance of the Sukuk regulatory framework then. He was appointed by the Oman Minister of Finance to be on the Oman Government Sukuk Committee managing the 1st Oman sovereign Sukuk issuance of OMR250 million (US$ 650 million) in 2015 which won the IFN Sovereign Deal Of The Year Award in Dubai, United Arab Emirates. He was involved in the establishment of the first global Islamic crowdfunding fintech platform in Oman and the GCC region together with the regulatory framework, which allows global cross-border fundraisings and investments. He also leads the national development of the virtual assets industry in Oman, establishing its regulatory framework. Prior to joining the Oman FSA, he established initiatives for the development of the Malaysian and ASEAN+3 (together with China, Japan and Korea) capital markets (including Islamic capital markets), through various senior positions at SC Malaysia. He has also advised the Board of Directors of public listed companies in various industries on corporate transactions (both conventional and Islamic), while working as a senior corporate and investment banker at the largest banking group in Malaysia – Maybank and another investment bank previously owned by the Minister of Finance (Incorporated) Malaysia. Additionally, he was Board Member of an asset management company previously owned by the Johor Corporation, Malaysia involved in Islamic fund management.

Khalid Al Kayed

Khalid Al Kayed

CEO, Bank Nizwa
Khalid Al Kayed
Khalid Al Kayed
CEO, Bank Nizwa

Khalid Al Kayed, CEO of Bank Nizwa, is a financial industry veteran with over 30 years under his belt. Khalid was the Chief Finance Officer of the bank before taking on his current role. As the CEO, he is responsible for spearheading the bank’s overall business growth and strategies.

Khalid holds a Master’s in International Accounting and Finance from Liverpool University. He is a Certified Management Accountant (CMA), Certified in Strategy and Competitive Analysis (CSCA) from Institute of Management Accountants as well as a Certified Financial Manager (CFM) alumni of Columbia Business School Associate. He also holds the Chartered Institute of Management Accountants (ACMA) and Certified Global Managerial Accountant (CGMA) designations.

Prior to joining Bank Nizwa, Khalid held various posts in a host of well-respected financial institutions including Deputy CEO and Chief Financial Officer at Jordan Dubai Islamic Bank, Chief Financial Officer at Standard Chartered Bank Jordan and Financial Controller at the offshore banking unit of Jordan National Bank Cyprus.

Max Freeman

Max Freeman

Founder and CEO, Epicenter Labs
Max Freeman
Max Freeman
Founder and CEO, Epicenter Labs

Max Freeman is a seasoned entrepreneur with expertise in Web1 and Web3 technologies. He founded Toner.com Group in 1999, scaling it from a dorm room start-up into a multinational business generating over $100 million in revenue without external funding.

As the creator of the EPIC Blockchain Protocol (2017-2023), Max developed a pioneering Layer 1 blockchain to drive mass adoption. He later founded Epic Economy Amplifier (2022) and Epicenter Labs (2024) to expand and commercialize the EPIC Blockchain ecosystem.

A Stanford University alumnus with a background in Computer Science and Business, Max is now based in Dubai, UAE, focused on building transformative, accessible technologies for global impact.

Mohamad Noranuar Sajari

Mohamad Noranuar Sajari

Head of Shariah Structuring, Bank Nizwa
Mohamad Noranuar Sajari
Mohamad Noranuar Sajari
Head of Shariah Structuring, Bank Nizwa

Mohamad Noranuar Sajari (Anuar) is currently the Head of Shariah Structuring at Bank Nizwa, the first fully-fledged listed Islamic bank in the Sultanate of Oman. His main task is managing the product engineering and Shariah affairs of the bank mainly to supervise the structuring and bespoke transactional corporate advisory activities. He previously held an additional role as Lead of the Product Development Task Force.

Anuar has close to 20 years of Islamic finance experience and possesses practical experience, a solid understanding in Shariah and experience in a diverse range of business management applications including transaction structuring, implementation of holistic product development cycle and product management as well as Shariah governance vis-à-vis corporate governance. The recent 11 years of his work experience were within the GCC (Oman and UAE) and before that in ASEAN (Malaysia, Singapore, Hong Kong and Brunei) as well as a stint in the UK.

Anuar is credited as the first Malaysian Islamic Banker to join Oman’s Islamic finance industry from ground zero back in 2012. He is also the International Industry Adviser for Universiti Malaya and Universiti Tunku Abdul Rahman where he provides his industrial insight on a pro-bono basis.

Mohamad Safri Shahul Hamid

Mohamad Safri Shahul Hamid

CEO, International Islamic Liquidity Management Corporation
Mohamad Safri Shahul Hamid
Mohamad Safri Shahul Hamid
CEO, International Islamic Liquidity Management Corporation

Mohamad Safri Shahul Hamid joined IILM after spending 13 years at CIMB, where he had served the bank in various capacities including as a Deputy CEO at CIMB Islamic and as a Senior Managing Director at the bank’s public sector, group wholesale banking. Safri brings with him almost 30 years of experience in the banking and financial sector including over 20 years of meaningful experience as a pioneer, structurer, transactor and renowned leader in Islamic finance locally and internationally. Safri has played an instrumental role in bringing some of the world’s first, groundbreaking and award-winning Islamic transactions to the market and is well regarded as one of the pioneers of the Islamic capital market globally. Safri has a strong credit background having served as a group credit committee member at CIMB between 2012 and 2020 as well as well as a senior analyst at Malaysian Rating Corporation Berhad from 2000 to 2003. Safri holds a bachelor’s degree in accounting from the International Islamic University Malaysia and an MBA (Globalisation) from Maastricht School, the Netherlands. He is a Chartered Accountant with the Malaysian Institute of Accounts. Safri is a speaker at many local and international Islamic conferences and events.

Mohamed Anwar Al Lawati

Mohamed Anwar Al Lawati

Head of Investments, Private Equity, TANMIA
Mohamed Anwar Al Lawati
Mohamed Anwar Al Lawati
Head of Investments, Private Equity, TANMIA

Mohamed is a distinguished investment professional with over 18 years of global experience in managing and optimizing financial portfolios across various sectors. Currently, he serves as Head of Investments, Private Markets at Oman National Investments Development Company (TANMIA), where he oversees private markets investments and drives value creation and growth in diverse portfolio sectors.

Throughout his career, Mohamed has developed a deep expertise in private equity, public equity, mergers and acquisitions, corporate finance, organizational transformation, restructuring, business development and strategic planning.

Prior to his current position, Mohamed served as Chief Executive Officer of Uzbek Oman Investment Company. His career trajectory also includes pivotal roles at Oman Oil Company, United Securities and Capital One Financial Corporation in the UK and the US. Throughout his career, Mohamed has been actively involved in governance, serving on the Board of Directors for companies across Oman, Uzbekistan, Spain and South Korea.

Mohamed holds a Master’s degree in International Business with Distinction from the University of Leeds in the UK and a Bachelor’s degree in Finance from Pennsylvania State University in the US. He also completed Level 2 of the CFA program and pursued executive education programs at IMD, INSEAD and the Royal Academy of Management.

Dr Mohamed Eskandar Shah

Dr Mohamed Eskandar Shah

CEO, ISRA International Consulting
Dr Mohamed Eskandar Shah
Dr Mohamed Eskandar Shah
CEO, ISRA International Consulting

Dr Mohamed Eskandar Shah Mohd Rasid, the CEO of ISRA International Consulting, brings with him a wealth of academic and industry experience, having previously served as Associate Professor of Islamic Finance at the College of Islamic Studies, Hamad Bin Khalifa University, under the Qatar Foundation. Prior to that, he held several key leadership positions at INCEIF University, including Associate Dean (Student & Internationalization), Dean and Deputy Dean of the School of Graduate Studies.

Dr Eskandar has served as a consultant to numerous government bodies and financial institutions, including Malaysia’s Ministry of Energy, Afghanistan’s Ministry of Finance, CIMB Islamic Bank, the Responsible Finance Institute and ZICO Shariah Advisory. He is currently a Financial Sector Specialist Consultant for the World Bank and an Adviser to the Brunei Institute of Leadership and Islamic Finance. His consulting portfolio covers strategic and regulatory assignments such as Sukuk documentation review for the Maldives Ministry of Finance, Islamic finance master plan development for Kazakhstan’s AIFC, SME empowerment strategies for CIMB and impact monitoring of social finance initiatives for the World Bank. He also advises fintech and sustainability-focused projects, including engagements with GFI Fintech, Alfie Tech Asia, Qatar Gas and Heritage Amanah Indonesia. He has served as a subject matter expert in Islamic finance and capital markets for various institutions, including Bank Negara Malaysia, the Securities Commission Malaysia, PNB, OCBC Al-Amin, as well as academic institutions in Pakistan, China and Bangladesh.

Dr Eskandar holds a PhD in Finance from Nottingham University Business School (UK), a Master’s in International Economics and Finance from the University of Queensland (Australia) and a Bachelor of Business Administration (Hons) from the International Islamic University Malaysia.

Mohammed Al Hashmi

Mohammed Al Hashmi

Chief Compliance Officer, Bank Nizwa
Mohammed Al Hashmi
Mohammed Al Hashmi
Chief Compliance Officer, Bank Nizwa

Mohammed Al Hashmi, Chief Compliance Officer at Bank Nizwa is currently leading regulatory compliance, corporate governance, anti-money laundering & counter terrorism financing and fraud risk management. Mohammed’s professional career spans over 16 years, including handful experience as an External Bank Examiner at Central Bank of Oman. Mohammed holds a Master’s degree in Financial Management from the University of Manchester and a Bachelor’s degree in Accounting from Sultan Qaboos University. Mr. Mohammed is certified in Governance, Risk and Compliance by International Compliance Association, UK. Mohammed is currently perusing his doctorate degree in Business Administration with the University of Liverpool, UK. Moreover, he has obtained specialized international trainings and certifications, including many professional certifications from Federal Deposit Insurance Corporation (FDIC) from the United States on Banks Examination and Financial Analysis and certification in Islamic Banking by Islamic Financial Services Board (IFSB). He is currently chairing Oman Banks’ AML Taskforce and led the preparation course of Banks for the FATF mutual evaluation on Oman in 2024.

Mohammed Said Al Abri

Mohammed Said Al Abri

CEO, Muscat Clearing and Depository
Mohammed Said Al Abri
Mohammed Said Al Abri
CEO, Muscat Clearing and Depository

Mohammed Said Al Abri is the Chief Executive Officer of Muscat Clearing and Depository. He serves on several key international and national committees, including the International Organization of Securities Commissions, the Africa/Middle East Regional Committee, the Accountants and Auditors Registration Committee under the Ministry of Commerce, Industry and Investment Promotion, and the Ministry of Finance’s Sovereign Debt Management Committee, among others. With over 25 years of professional experience across both the public and private sectors, particularly within financial services industry, Mohammed has established a strong record of driving strategic reforms, promoting organizational excellence, and spearheading innovative initiatives. He is recognized for his ability to balance commercial growth with long-term stakeholder value. Mohammed holds an LLM in Banking and Finance Law from Queen Mary University of London, UK. He has also completed executive education programs in Advanced Management at Harvard Business School and Advanced Strategic Management at the Institute for Management Development (IMD), Switzerland. He earned his bachelor’s degree in economics from Yarmouk University, Jordan (1993–1997).

Mohsin Shaik Sehu Mohamed

Mohsin Shaik Sehu Mohamed

Head of Investment Banking and Capital Markets, Dhofar Islamic
Mohsin Shaik Sehu Mohamed
Mohsin Shaik Sehu Mohamed
Head of Investment Banking and Capital Markets, Dhofar Islamic

Mohsin Shaik Bin Sehu Mohamed is an experienced Islamic finance practitioner with nearly two decades of work in investment banking, capital markets, and investments. As Head of Investment Banking & Capital Markets at Dhofar Islamic – Bank Dhofar, he is responsible for Sukuk structuring, private equity, corporate finance, asset management, and advisory services. Mohsin has contributed to the growth of Islamic finance in Oman, including the country’s first Sukuk issuance in 2013 and the government’s first sovereign retail Sukuk in 2020.

He holds professional designations as a Fellow Chartered Professional in Islamic Finance from Chartered Institute of Islamic Finance (CIIF), Chartered Islamic Finance Professional from INCEIF, and serves as a Grand Councilor/Board Member with the Chartered Institute of Islamic Finance in Malaysia. Mohsin earned his Master of Business (Applied Finance) from Queensland University of Technology, Australia, and a Bachelor of Accounting (Hons) from University Tenaga Nasional, Malaysia.

Oliver Agha

Oliver Agha

Managing Partner, Agha & Co and Columnist, IFN (The Islamic Legal Opinion)
Oliver Agha
Oliver Agha
Managing Partner, Agha & Co and Columnist, IFN (The Islamic Legal Opinion)

Oliver Agha is Managing Partner of Agha & Co and a Professional Associate at Outer Temple Chambers. U.S.-qualified, he formerly led Islamic finance at the world’s largest law firm and headed the Projects practice at Clifford Chance’s Saudi affiliate. He began his legal career at Fulbright & Jaworski in the U.S. Agha was the first Western-trained lawyer appointed to an AAOIFI board and is widely regarded as a foremost authority on Islamic finance enforcement and reform. His incisive writing has made The Islamic Legal Opinion column in IFN essential reading for regulators, investors, and scholars navigating a field clouded by form-over-substance mimicry.

Rafiza Ghazali

Rafiza Ghazali

CEO, KAF Digital Bank
Rafiza Ghazali
Rafiza Ghazali
CEO, KAF Digital Bank

Rafiza Ghazali is the CEO of KAF Digital Bank, the Islamic digital banking entity of the consortium led by KAF Investment Bank. Prior to joining KAF Investment Bank, Rafiza was group CEO of Cradle Fund, where she collaborated closely with the Ministry of Science, Technology and Innovation and the Ministry of Finance, tasked with supporting and developing Malaysian start-ups and tech entrepreneurs. Rafiza’s wealth of experience in innovation and the digital economy makes her uniquely positioned to drive the digital bank’s value proposition of providing a conducive open-banking platform-based ecosystem to customers and partners. Rafiza’s academic career includes a Bachelor of Science Economics in Accounting and Finance degree from the London School of Economics and Political Science, and a Graduate Diploma in Applied Finance and Investment, majoring in Corporate Finance, from the Securities Institute of Australia. She is a fellow member of the Chartered Accountants Australia & New Zealand, and holds a Postgraduate Diploma in Strategy and Innovation from the Saïd Business School at the University of Oxford.

Raja Amir Shah Raja Azwa

Raja Amir Shah Raja Azwa

CEO, HSBC Amanah Malaysia
Raja Amir Shah Raja Azwa
Raja Amir Shah Raja Azwa
CEO, HSBC Amanah Malaysia

Raja Amir is the CEO of HSBC Amanah and Chief Sustainability Officer of HSBC Bank Malaysia. Raja Amir serves as counsel member of the Association of Islamic Banks Malaysia and Chairman of SC4, Joint Committee on Climate Change. Raja Amir is also a member of the Joint Sustainable Finance Working Group Industry Advisory (ASEAN Working Committee on Capital Market Development and ASEAN Capital Markets Forum), member of the Board of Trustees for the International Centre for Education in Islamic Finance and appointed to the Policy, Assumptions, Calculators, Education working group chaired by the SC Chairman under the Advisory Committee on Sustainability Reporting.

Sami Arfah Bait Rashid

Sami Arfah Bait Rashid

AGM - Meethaq Personal Banking, Meethaq Islamic Banking
Sami Arfah Bait Rashid
Sami Arfah Bait Rashid
AGM - Meethaq Personal Banking, Meethaq Islamic Banking

Sami Bait Rashid is a seasoned banker with over two decades of experience spanning personal banking, digital banking, credit and product management. He holds an MBA from the University of Bedfordshire and has completed prestigious management and leadership development programs at INSEAD and Harvard.

In addition to his core banking expertise, Sami holds a Postgraduate Diploma in Islamic Banking and Insurance from the Institute of Islamic Banking and Insurance as well as the Islamic Finance Qualification from the Chartered Institute for Securities & Investment. His career reflects a strong blend of strategic vision, operational excellence and a commitment to innovation in the banking sector.

Shahariah Shaharudin

Shahariah Shaharudin

President, Saturna Malaysia
Shahariah Shaharudin
Shahariah Shaharudin
President, Saturna Malaysia

Shahariah Shaharudin is the President of Saturna, a wholly-owned subsidiary of Saturna
Capital Corporation. She received her Bachelor of Arts degree in Business Studies from Knox College, Illinois and a Master of Arts degree in Economics from University of Illinois, Springfield.

Shahariah has more than 30 years of experience in the areas of fund management, stockbroking and commercial banking. She started her career in a commercial bank with extensive experience in retail banking, trade finance and corporate banking and later joined a stockbroking company, overseeing both the stockbroking and futures broking business. She also worked for a fund management house under the Strategic Business and Market Development Division where her core responsibility was sourcing business and servicing both retail and wholesale clients. She was CEO and an Executive Director of Kenanga Islamic Investors before joining Saturna in October 2018.

Shahariah speaks at Islamic finance and ESG conferences. She is passionate about Islamic investment and has participated in the Brunei Roundtable; presented in events in Shenzen, China; and was nominated in the ‘Top 10 List for Women in Malaysian Financial Institutions’ by a local magazine.

Shahariah is currently a holder of the Capital Market Services Representatives License for fund management.

Sherif Hampton

Sherif Hampton

Special Counsel, SASLO
Sherif Hampton
Sherif Hampton
Special Counsel, SASLO

Sherif is a Special Counsel at SASLO with over 15 years of experience as a corporate M&A lawyer. He is also an experienced banking and finance lawyer, with a strong focus on Islamic finance and has previously been seconded to Kuwait Finance House. As a corporate lawyer, Sherif has experience in the sectors of M&A, general corporate, joint ventures, fintech, tech, e-commerce, PE/VC buyouts and corporate advisory/governance. He handles a broad range of commercial matters across various industry sectors and greatly enjoys working with new start-ups. He deals with various matters across the GCC as well as the UK and EU. Additionally, he undertakes general banking and finance/investment work and is particularly drawn to Islamic finance matters. He has advised on a range of project and real estate finance matters, various Sukuk (including an African micro-Sukuk), conventional and Islamic private equity transactions (both controlling and non-controlling) and has been involved in structuring Islamic financing transactions according to Islamic principles. Sherif has worked for the UK silver circle and leading US law firms in London, Dubai, Bahrain and Saudi Arabia. He is fluent in English and Arabic.

Thamer Al Shahry

Thamer Al Shahry

Partner, SASLO
Thamer Al Shahry
Thamer Al Shahry
Partner, SASLO

Thamer Al Shahry is Partner and Head of the Dispute Resolution Department at SASLO. He is also a leading member of the firm’s corporate practice, where he specialises in capital markets, banking and finance, corporate finance and Islamic finance. He is an Omani qualified lawyer with over 10 years of experience in advising and representing clients in various transactions and disputes in Oman.

Thamer has extensive knowledge and experience in dealing with the regulatory and compliance aspects of capital markets, banking and finance and Islamic finance transactions. He has advised on a range of equity and debt offerings including IPOs, rights issues, private placements, bonds, Sukuk and hybrid instruments involving issuers, arrangers, trustees, investors and regulators. He has also advised on various conventional and Islamic financing structures and products such as Murabahah, Musharakah, Ijarah and Wakalah involving banks, financial institutions, borrowers and sponsors.

Some of Thamer’s notable recent projects include the establishment and IPO of a new Omani Shariah compliant open-ended fund and the establishment of another Shariah compliant fund registered with the CMA.

Thamer holds an LLB from the University of Sharjah, an LLM in International Corporate Finance from the University of Reading and a Legal Project Practitioner certification from the IILPM. He is fluent in Arabic and English.

IFN Oman Forum 2025 Delegates

▪ 1 International Fincentre Associates ▪ 100VP ▪ Addleshaw Goddard Oman ▪ Aflag Group ▪ Agha & Co ▪ Ahlibank ▪ Al Bandar Development ▪ Al Maamary Al Abri Co ▪ Al Rashdi, Al Nabhani, Al Abri & Co. (Bait Al Qanoon) ▪ Alizz Islamic Bank ▪ Anwar Fahud ▪ Arqaam Capital ▪ Bank Dhofar ▪ Bank Muscat ▪ Bank Nizwa ▪ Bursa Malaysia ▪ Caledonian College of Engineering ▪ Carrera Learning ▪ Central Bank of Oman ▪ CGS International Securities Malaysia ▪ CMS Cameron McKenna Nabarro Olswang ▪ Crowe Oman ▪ Daman Investments ▪ Data Migration Services ▪ Davies Group ▪ Deep Finance Analytics ▪ Dentons ▪ Dhofar Islamic ▪ DLA Piper ▪ Dr. Abdullah Al Abri Advocates and Legal Consultants ▪ Embassy of Malaysia Muscat ▪ Energy Development Oman ▪ Epicenter Labs ▪ Eversheds Sutherland ▪ Federal Land Development Authority ▪ FIM Partners ▪ Financial Service Authority Oman ▪ First Holistic Solutions ▪ Fund for Development of Youth Projects ▪ Fundamental Analysis World ▪ GNS ▪ Googolplex Holdings ▪ Hemaayah ▪ HSBC Amanah Malaysia ▪ Ibn Khaldun Al Madaen Engineering Consultancy (IKAM) ▪ IFIN ▪ International Islamic Liquidity Management Corporation ▪ International Turnkey Systems (ITS) ▪ ISP Financial Services (Dubai) ▪ ISRA Consulting ▪ Jabal Asset Management ▪ Jamal Al Amri Advocates & Legal Consultants ▪ KAF Digital Bank ▪ London Stock Exchange Group ▪ Luxury Crown ▪ MAQ Legal ▪ Mayer Brown ▪ MDC ▪ Meethaq Bank ▪ MIFC Leadership Council ▪ Ministry of Finance ▪ Modern College of Business & Science ▪ Muscat Clearing & Depository ▪ Muscat Finance ▪ Muscat Media Group ▪ Muscat Stock Exchange ▪ Muzn Islamic NBO ▪ Nagarro ▪ Numan Wealth Partners ▪ Nur ul Ilm Institute ▪ Old Mutual Investment Group ▪ Oman Daily ▪ Oman Investment Authority ▪ Oman Investment Bank ▪ Oman National Investments Development Company ▪ Ominvest ▪ OQ Base Industries ▪ OQEP ▪ Outer Temple Chambers ▪ Pavilion Group ▪ PMW Industries ▪ Prime Investments ▪ Principal Asset Management ▪ Rajab Alkathiri & Partners Lawfirm ▪ Said Al-Shahry & Partners ▪ SASLO ▪ Saturna ▪ Securities Commission Malaysia ▪ Seyad Group of Companies ▪ Skarnode ▪ Standard Chartered ▪ Tanco Holdings ▪ TANMIA ▪ TNB Repair And Maintenance (REMACO) ▪ Ubhar Capital ▪ United Securities ▪ Vodafone Oman ▪ W.J. Towell & Co. ▪ Wahed ▪ Yubi

Advisory Board

Asad Qayyum

Asad Qayyum

Managing Partner, MAQ Legal
Asad Qayyum
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 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. He 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’s expertise is in advising sovereign 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).

Debopam Dutta

Debopam Dutta

Senior Associate, Trowers & Hamlins
Debopam Dutta
Debopam Dutta
Senior Associate, Trowers & Hamlins

Debopam has extensive experience in finance in the international as well as the Indian domestic markets, having previously worked in India, Singapore, London and Tokyo.

He leads the firm’s India Desk. With in-depth knowledge of the Indian market and regulatory climate, he advises clients on how to successfully implement their Indian-focused transactions.

He advises banks, financial institutions, agents, real estate investment trusts, sponsors, funds and multinational companies across the GCC, South Asia and South East Asia spanning a broad range of industries and asset classes on a wide range of domestic and cross-border transactions with particular focus on corporate finance, real estate finance, project & infrastructure finance, acquisition finance, trade finance, Islamic finance, debt capital markets & structured finance, debt restructuring and regulatory issues. In addition, Debopam regularly assists clients with credit agreement compliance concerns, amendments, waivers and consents on financing documents as well as routine regulatory compliance issues. Besides acting as a counsel for lenders or investors, Debopam has substantial experience in representing borrowers and issuers. He is increasingly sought out for his expertise in the space of ESG and green financing in the GCC and is a regular speaker at conferences and events in this area.

Debopam has been listed in the ALB Super 50 MENA Lawyers 2023 list as one of the most highly recommended private practice lawyers in the region and was mentioned in the IFN Lawyers Directory as a leading Islamic finance practitioner in Oman.

Faisal Islam

Faisal Islam

CEO, ZOOD Pakistan & TEZ Financial Services
Faisal Islam
Faisal Islam
CEO, ZOOD Pakistan & TEZ Financial Services

With over 23 years of professional experience, Faisal Islam is a recognized leader in digital finance, product innovation, and financial inclusion. He currently serves as the CEO – ZOOD Pakistan & TEZ Financial Services.

Faisal’s work focuses on closing the financing gap for MSMEs through a range of Shariah-compliant digital products, including Islamic consumer financing, Islamic BNPL, invoice financing, agricultural finance, and Islamic card solutions. He has also pioneered the design of AI-driven, Shariah-compliant alternative credit scoring models, aimed at expanding financial access to underserved segments. In addition, he has successfully established regulatory-aligned Islamic financing operations in emerging markets. His expertise spans the full spectrum of product development from Shariah structuring and partner bank enablement to building embedded finance ecosystems, always ensuring alignment with Islamic ethical standards. His initiatives have been instrumental in advancing cashless economies and promoting financial inclusion through innovative loyalty programs, digital onboarding solutions, and incentive-based payment ecosystems. Beyond Islamic finance, Faisal brings a strong background in technology leadership, with extensive experience across banking, fintech, retail, and asset management sectors.

Hassan Ali Ansari

Hassan Ali Ansari

CFO, Takaful Oman
Hassan Ali Ansari
Hassan Ali Ansari
CFO, Takaful Oman

Hassan Ali Ansari is CFO of Takaful Oman. Takaful Oman is one of the two Islamic insurance companies in the Sultanate of Oman. He started his career with PwC in 2001 and later on in 2007 he moved to AIG, where he served until 2019. He held multiple positions in AIG such as CFO of Pakistan, financial controller for MENA, country finance manager for Oman and Qatar, etc. In addition to core finance, in his current role, he oversees Shariah compliance, risk management and the information technology department. Hassan is a fellow member of the Institute of Chartered Accountants of Pakistan.

Dr Marjan Muhammad

Dr Marjan Muhammad

Deputy President Research, ISRA Institute
Dr Marjan Muhammad
Dr Marjan Muhammad
Deputy President Research, ISRA Institute

Dr. Marjan Muhammad is the Deputy President Research at ISRA Institute, INCEIF University. In her current capacity, she oversees different portfolios including research and innovation, research management, assessment and publication, research commercialization, and Islamic finance online database (I-FIKR) developed by ISRA. She was previously the Director of Research Affairs Department at ISRA from 2013-2017. She is currently a member of the Shariah Advisory Council of Bank Negara Malaysia (BNM) effective from 1 November 2019 and a member of the Shariah Advisory Council of Securities Commission Malaysia (SC) effective from 1 July 2023. Prior to that, she was a member of Shariah Committee at a few local Islamic banks. At the international level, she sits on the Advisory Committee of Experts of Lotus Bank Limited and Shariah Supervisory Board of Lotus Capital Limited, both are based in Nigeria. Marjan obtained her bachelor’s degree in Islamic Revealed Knowledge and Heritage (Fiqh and Usul al-Fiqh) from the International Islamic University Malaysia (IIUM) and graduated from her master’s and PhD degrees at the same university.

Saleh Al-Tamami

Saleh Al-Tamami

Co-Founder and CEO, Mamun
Saleh Al-Tamami
Saleh Al-Tamami
Co-Founder and CEO, Mamun

Saleh Al Tamami is a seasoned entrepreneur with a remarkable track record of success in various industries. As a co-founder of Mamun, he brings a wealth of experience and expertise to his role as CEO.

Saleh’s entrepreneurial journey began with the establishment of TAMNET, an information technology and business consulting firm, where he demonstrated his visionary leadership by effectively managing operations and driving growth. Recognizing opportunities beyond the realm of technology, Saleh ventured into the car detailing industry with the launch of KOST, successfully positioning the brand as a prominent player in the market.

Prior to embarking on his entrepreneurial endeavors, Saleh honed his legal acumen as a senior commercial and litigation paralegal at SALegal, a prestigious law firm in Oman. This experience equipped him with a deep understanding of legal intricacies, providing invaluable insights into business operations and strategic decision-making.

At Mamun, Saleh’s role as co-founder and CEO allows him to pursue his passion at the convergence of finance, people and technology. He is a visionary leader committed to developing multi-stakeholder products that foster win-win-win outcomes for all parties involved. With an unwavering dedication to excellence, Saleh is instrumental in driving Mamun’s growth, innovation and success in the finance industry.

Shahariah Shaharudin

Shahariah Shaharudin

President, Saturna Malaysia
Shahariah Shaharudin
Shahariah Shaharudin
President, Saturna Malaysia

Shahariah Shaharudin is the President of Saturna, a wholly-owned subsidiary of Saturna
Capital Corporation. She received her Bachelor of Arts degree in Business Studies from Knox College, Illinois and a Master of Arts degree in Economics from University of Illinois, Springfield.

Shahariah has more than 30 years of experience in the areas of fund management, stockbroking and commercial banking. She started her career in a commercial bank with extensive experience in retail banking, trade finance and corporate banking and later joined a stockbroking company, overseeing both the stockbroking and futures broking business. She also worked for a fund management house under the Strategic Business and Market Development Division where her core responsibility was sourcing business and servicing both retail and wholesale clients. She was CEO and an Executive Director of Kenanga Islamic Investors before joining Saturna in October 2018.

Shahariah speaks at Islamic finance and ESG conferences. She is passionate about Islamic investment and has participated in the Brunei Roundtable; presented in events in Shenzen, China; and was nominated in the ‘Top 10 List for Women in Malaysian Financial Institutions’ by a local magazine.

Shahariah is currently a holder of the Capital Market Services Representatives License for fund management.

Forum Partners

LEAD PARTNER

STRATEGIC EXCHANGE PARTNER

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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IsDB Group Business Forum (THIQAH)

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The Islamic Development Bank Group Business Forum (THIQAH) is the window of the IsDB Group that facilitates contact and coordination between entities concerned of the IsDB Group and private sector firms and related institutions in IsDB Group member countries. The main objective of THIQAH is to establish a unique platform for effective dialogue, cooperation and inclusive partnership for business leaders committed to partnering in promising investment opportunities. Through facilitation and catalyst roles, THIQAH will be leveraging the IsDB Group’s resources to offer necessary services and confidence to investors and to establish strategic partnerships with the leaders of the private sector. The primary focus will be on maximizing cross-border investment among member countries to be supported by IsDB Group’s financial products and services. (www.idbgbf.org)

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KNOWLEDGE PARTNER

INCEIF University

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INCEIF was established by Bank Negara Malaysia to develop human capital and knowledge leadership in the global Islamic finance industry. In addition to its academic programmes, including PhD in Islamic Finance, MBA (Sustainable Business), MSc in Islamic Finance Practice, and PhD in Islamic Finance, INCEIF also offers tailored executive training and industry-focused applied research, aiming to be a global knowledge leader in Islamic finance.

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PARTNERS

DLA Piper

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DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, positioning them to help clients with their legal needs around the world.

They are the only international law firm with an on-the-ground presence in all six GCC countries, with nine offices across the Middle East, 29 partners and over 100 lawyers. DLA Piper advise on the full spectrum of legal services through seven dedicated practice groups: corporate; employment; finance and projects; intellectual property and technology; litigation, arbitration and investigations; real estate; and restructuring.

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Hassan Radhi and Associates

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Hassan Radhi and Associates (HRA) is a renowned law firm in Bahrain, founded in 1974 by Dr. Hassan Ali Radhi. Over the past five decades, HRA has grown into a distinguished international legal consultancy, providing comprehensive legal solutions to clients in Bahrain and beyond.

HRA has established a strong reputation for its exceptional expertise and dedicated team, which comprises seven partners and a legal staff of seventeen professionals, including trainee lawyers, paralegals, and administrative personnel. The firm’s legal professionals possess in-depth knowledge of Bahraini laws and offer consultation services in Arabic and English.

As the exclusive Lex Mundi member firm in Bahrain, HRA has access to a global network of over 23,000 lawyers spanning 125+ countries. The firm’s partners are active members of domestic and international associations, and HRA specializes in various legal areas, such as banking and finance, investment and capital markets, civil law, insurance, tech and telecom, mergers and acquisitions, intellectual property, corporate law, commercial law, labor law, real estate, contracts, aviation, maritime law, bankruptcy and insolvency, company formation, arbitration, general litigation, oil and gas, and consultations.

HRA has received numerous awards and accolades, including being recognized as a top law firm in the region by prestigious legal referral guides. The firm serves clients from diverse industries, such as banking, manufacturing, construction, and more.

Having celebrated its 50th anniversary, HRA remains unwavering in its commitment to delivering exceptional legal services, maintaining the highest professional standards, and upholding the trust and confidence of its clients both locally and internationally.

With a strong reputation, extensive expertise, and membership in prestigious organizations, HRA continues to be a trusted partner for legal solutions in Bahrain and beyond.

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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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The International Islamic Liquidity Management Corporation (IILM)

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The International Islamic Liquidity Management Corporation (IILM) is an international organization established on the 25th October 2010 by central banks, monetary authorities and multilateral organizations to develop and issue short-term Shariah compliant financial instruments to facilitate effective cross-border liquidity management for institutions that offer Islamic financial services.

The current members of the IILM Governing Board are the central banks and monetary agencies of Indonesia, Kuwait, Malaysia, Mauritius, Nigeria, Qatar, Turkiye and the UAE as well as the multilateral Islamic Corporation for the Development of the Private Sector.

Membership of the IILM is open to central banks, monetary authorities, financial regulatory authorities or government ministries and agencies that have regulatory oversight of finance or trade and commerce as well as multilateral organizations.

The IILM is headquartered in Kuala Lumpur, Malaysia.

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International Turnkey Systems

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ITS offers cutting-edge technology solutions tailored for financial institutions, governmental bodies, and private sector enterprises across diverse industries. With a proven track record of technological proficiency and an extensive skill set, we provide robust support for critical business operations.

Headquartered in Kuwait, ITS operates research and development facilities in Kuwait, India, and Cairo, and maintains a strong presence throughout the Middle East, Africa, the Americas, the Caribbean, and the Commonwealth of Independent States (CIS).

At ITS Global Business Solutions Development Center (GBS) in Cairo, we deliver comprehensive Managed Services on a global scale. Our expertise spans every stage of the software development lifecycle, empowering companies to seamlessly transition from legacy systems to cutting-edge technologies.

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MAQ Legal

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MAQ Legal (Al Maamary, Al Abri & Co) is a full-service law firm headquartered in Muscat with a focus on advising local and international clients on corporate and commercial, capital markets, banking and finance, energy, project finance and dispute resolution matters. The firm comprises market-leading and award-winning lawyers with over 50 years of experience who have advised on some of the most innovative transactions in Oman.

MAQ Legal was founded on the core belief that the best way to serve clients is by developing an in-depth understanding of their business and legal and operational requirements so that they can be provided commercially astute, solution-based, innovative and cost-effective advice. In addition to the technical expertise of the lawyers at MAQ Legal, the team possesses in-depth hands-on knowledge of the regulatory and institutional frameworks in Oman and enjoy an enviable network of blue-chip clients and high-level government and institutional contacts.

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Said Al Shahry & Partners (SASLO)

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Said Al Shahry & Partners (SASLO) is a premier full-service commercial Omani law firm that has been a leader and influencer in the Omani legal market for over three decades. The firm has offices in Muscat, Sohar and Salalah and has established strong local roots and a deep understanding of Omani law and practice.

The team at SASLO comprises local and international lawyers and is one of the largest in the Sultanate of Oman. They deliver premium quality Omani legal advice to the very highest standards of international best practice, and their clients regularly receive expert guidance on all aspects of legal transactions in Oman.

SASLO has a combination of lawyers with specialist expertise in dispute resolution; corporate/commercial law; banking and finance, including Islamic finance; employment; construction; projects; capital markets; intellectual property; real estate; and tax. This enables them to anticipate and address any of the issues that can arise across these practice areas, providing their clients with a comprehensive legal service that is tailored to their specific needs.

SASLO has a reputation for providing practical and commercial advice in the context of Omani regulatory and legal requirements. The team is well-versed in regulatory matters and has a strong understanding of the development of new laws and regulations in Oman. The firm often advises the government and other organizations on the regulatory development of the business environment.

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TRAVEL PARTNER

LEAD MEDIA PARTNERS

SC-IFN Business Forum

Bringing together institutional investors, sovereign wealth funds, regulators and leading financial institutions, the SC-IFN Business Forum will explore high-value themes including Islamic finance, wealth management, sustainability and innovation – areas of growing significance among Omani investors and family offices.

The objective is to present a clear investment pathway with Malaysia positioned as a key ASEAN diversification destination, supported by strong regulatory alignment and capital market depth.

The engagement will also serve to maximize networking and relationship-building opportunities, while reinforcing Malaysia’s branding through structured follow-up and strategic touchpoints.

The objective is to position Malaysia as a premier investment destination by showcasing its value proposition, strong regulatory framework, and diverse investment opportunities, with a focus on its role as a gateway to ASEAN.

The initiative will promote cross-border transactions by positioning Malaysia as a strategic link for facilitating cross-border investment opportunities.

It will also focus on branding and profiling Malaysia in the GCC, highlighting the country’s commitment to advancing its internationalisation agenda and reinforcing its leadership in Islamic finance.

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The Previous IFN Oman Forum

IFN Oman Forum 2024

Oman has one impressive Islamic finance story to tell. The last in the GCC on the Islamic finance train, Oman has chartered an enviable progress, with the regulators – Financial Services Authority and the Central Bank of Oman – at the forefront pushing the industry forward with robust regulations, a clear vision and continuous engagement with stakeholders.

The results speak for itself: in just a decade since Islamic banking regulations were introduced, Shariah banking assets now constitute 17.2% of the total banking sector assets as at the end of June 2023. Analysts project that the sector will command approximately 20% of overall banking assets by 2025.

The Sultanate has built a holistic ecosystem with a promising Islamic asset management sector, active Sukuk market and growing Takaful segment. Oman has also taken the lead in bolstering its fintech capabilities.

We are pleased to be back in Muscat with the 9th

Full Details

In The News

IFN Monthly Review: May – Islamic banking accelerates globally

IFN Monthly Review: May – Islamic banking accelerates globally

Among the key developments in May 2026 were the debut international Sukuk plans of Bank of Maldives’, a credit-enhanced retail...

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Oman: A hub of activity in Islamic finance

Oman’s Islamic finance sector has evolved significantly in recent years. Recent developments include regulation amendments…

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UAE and Oman secure US$1.5 billion financing, featuring Islamic tranches, for Hafeet rail network

The Hafeet Rail network, a US$2.5 billion joint venture connecting the UAE and Oman, has secured US$1.5 billion in project…

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Islamic bank in Oman proposes Sukuk Mudarabah issuance worth up to OMR20 million (US$51.83 million)

Alizz Islamic Bank, during its extraordinary general meeting held on the 1st August 2024, secured approval from…

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About REDmoney Events

REDmoney events designs, organizes and hosts industry-leading conferences, forums, roadshows, seminars and dialogues focusing on the Islamic financial markets across a global, regional and national level. Leveraging an exceptional network of the industry’s elite and supported by the expertise of the REDmoney publishing and seminars divisions, REDmoney Events are able to provide access to a unique array of influential speakers, panelists and participants from a cross-section of the global industry to debate the most significant issues affecting the Shariah compliant financial markets.

REDmoney events are differentiated by their complimentary yet qualified attendance structure, ensuring the highest quality of both delegates and contributors. Comprehensive and cuttingedge, attendance ensures exclusive access to the leaders in their field across all sectors and markets.

The annual IFN Asia and IFN UK Forums are categorically recognized as their continent’s leading industry events since their inception in 2006 and 2007, respectively. The Dialogues series have also become an integral element of the REDmoney events series and have cemented their position as leading, must-attend, events.

In 2024, we welcome the IFN Investor Forums, which coincide with the new IFN Investor portal.

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.

+603 2162 7800
[email protected]

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New syndicated financing standards aim to streamline Islamic transactions

Read full daily cover story here: https://www.islamicfinancenews.com/new-syndicated-financing-standards-aim-to-streamline-islamic-transactions.html

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Uzbekistan has directed commercial banks to offer Islamic finance facilities for agricultural projects as part of a broad government initiative to modernize the country’s fruit-growing sector and expand industrial orchards.

To read full article: https://www.islamicfinancenews.com/islamic-finance-earmarked-for-agricultural-expansion-under-new-uzbekistan-initiative.html

Islamic Finance News @ifn_news ·
12 Jun

Kenya is exploring sovereign Sukuk to attract Shariah-compliant investment and diversify funding sources amid a widening budget gap.

To read full article: https://www.islamicfinancenews.com/kenya-renews-interest-in-sukuk-and-islamic-finance-to-widen-funding-sources.html

LATEST POSTS

Kenya has circled back to Islamic finance, with Tr Kenya has circled back to Islamic finance, with Treasury Cabinet Secretary John Mbadi Ng’ongo revealing that the government is considering the introduction of Sukuk as part of efforts to diversify funding sources and tap into liquidity from global Shariah compliant capital markets.

In his presentation of the 2026/27 Budget to the National Assembly on the 11th June 2026, John said the government is evaluating the use of Sukuk instruments. “These Shariah compliant securities, which are structured on asset-backed or asset-based principles, will enable the government to access liquidity from Islamic finance markets.”

To read full article: https://www.islamicfinancenews.com/kenya-renews-interest-in-sukuk-and-islamic-finance-to-widen-funding-sources.html

#Sukuk #IslamicFinance #ShariahFinance #SovereignSukuk #CapitalMarkets #KenyaBudget2026 #JohnMbadi #TreasuryKenya #IslamicBanking #EthicalInvesting #InfrastructureFinance #AffordableHousing #NairobiSecuritiesExchange #PublicFinance #InvestmentOpportunities #FinancialInclusion #AssetBackedFinance #EconomicGrowth #AfricaFinance #EmergingMarkets #Budget2026 #ShariahCompliant #FundingDiversification #IslamicCapitalMarkets #Kenya
The State Bank of Pakistan (SBP) has eased require The State Bank of Pakistan (SBP) has eased requirements for Islamic banking windows (IBWs), allowing conventional banks and microfinance banks (MFBs) to establish Islamic windows within branches that are undergoing conversion to Shariah compliant banking without prior regulatory approval.

The move updates instructions previously issued under Circular No 02 of 2020 and comes as Pakistan continues to transition its banking system toward full Shariah compliance in line with the Federal Shariat Court’s 2027 deadline.

To read full article: https://www.islamicfinancenews.com/pakistan-eases-islamic-banking-window-rules-to-accelerate-branch-conversions.html

#SBP #StateBankOfPakistan #IslamicBanking #IslamicFinance #ShariahCompliance #BankingReforms #PakistanBanking #IslamicBankingWindows #Microfinance #ConventionalBanks #FinancialInclusion #BankingSector #ShariahBanking #FinanceNews #PakistanEconomy #BankingTransformation #IslamicFinanceIndustry #FinancialServices #RegulatoryUpdates #EconomicDevelopment #PakistanFinance #BranchConversion #BankingPolicy #IslamicEconomy #FinancialGrowth #Pakistan
Join our expert panel, including Tariq Al Rifai, A Join our expert panel, including Tariq Al Rifai, Ahmad Quqa, Aijaz Hussain, Elias Scheker Da Silva, Dr Mohamad Sawwaf and Saad Malik as they explore Building Islamic Wealth in North America: Products, Access & the Next Opportunity

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Join our expert panel, including Ishmam Ahmed, Fah Join our expert panel, including Ishmam Ahmed, Fahad Siddiqui, Lawrence Oliver, Michal Selbka and Souhayl Maronesy as they explore Tech-Powered Shariah Investing: Platforms, Tokens & Beyond.

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Join our expert panel, including Mushfique Shams B Join our expert panel, including Mushfique Shams Billah, Aamir Rehman, Dr Amjad Hammad, Charles Stackhouse, Shakeel Adli and Thomas Polson as they explore Where Next? Shariah Investment Opportunities Beyond Public Markets.

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Join our expert panel, including Dr Ehab Elsonbaty Join our expert panel, including Dr Ehab Elsonbaty, Junaid Wahedna, Kamal Solaiman, Professor M Kabir Hassan, Monem Salam and Zeshan Gondal as they explore Strategically Positioning Shariah Investing in America for a New Era.

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