Innovation, Integration & Impact: The Next Phase of Oman’s Islamic Finance Transformation
14th September 2026
Grand Hyatt Muscat
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IFN Oman Forum 2026
Oman continues to impress us all with its healthy double-digit growth, forward-thinking policies and proactive industry engagement - the Sultanate has built a holistic ecosystem with a promising Islamic asset management sector, active Sukuk market and growing Takaful segment.
The Financial Services Authority and the Central Bank of Oman have been at the forefront pushing the industry forward with robust regulations, a clear vision and continuous engagement with stakeholders.
Thanks to the regulators’ unwavering support, Islamic banking assets now account for approximately one fifth of total banking assets, and its market share will likely continue to expand – analysts project Shariah banking assets in the Sultanate to hit US$40 billion in 2026 riding on new banking regulations and guided by its ambitious Vision 2040.
A decade since we first introduced the IFN Oman Forum and the event has grown from strength to strength becoming the most important Islamic finance event of the year – we are delighted to be back in Muscat with the 11th edition, as always with the backing of regulators and the Sultanate’s leading Islamic financial institutions.
In 2026 we continue to uphold our commitment to organize and deliver bespoke IFN Forums globally in targeted key markets that require interaction and discussion among the industry’s leaders.
Our IFN Forums are diverse events which combine panel discussions, dialogues, private and targeted networking sessions. Our priority is to ensure that we deliver quality events while achieving the highest desired outcome in Islamic finance excellence.
IFN Forums allow you to engage with these markets by ensuring a captive audience and outreach to local and global audiences.
All IFN Forums will be recorded and posted online within a week of the event.
- Brokerage Firms
- Consultancies
- Corporate & Investment Banks
- Custodians
- Family Offices
- Financial Service Providers
- Fund Managers
- Institutional Investors
- Insurance & Takaful Companies
- Law Firms
- Multi Family Offices
- Pension Fund Managers
- Private & Wealth Managers
- Private Equity Firms
- Rating Agencies
- Real Estate Investment Co's
- Regulators
- Risk Management Firms
- Shariah Advisory Firms
- Sovereign Wealth Funds
- Stock Exchanges
- Trade Finance Companies
- Trustees
- UHNW and HNW Individuals
- Venture Capital Firms
Forum Agenda
9.00 – 9.05
Welcome Remarks
9.05 – 9.15
Welcome Address
H.E. Abdullah bin Salem Al Salmi, Executive President, Financial Services Authority
9.15 – 9.25
Keynote Address
Dr Qais Issa Mohammed Al Yahyai, Chief Economist, Central Bank of Oman
9.25 – 9.35
Keynote Address
Haitham Al Salmi, CEO, Muscat Stock Exchange
9.35 – 9.40
Forum Chairman’s Remarks
Oliver Agha, Managing Partner, Agha & Co and Columnist, IFN (The Islamic Legal Opinion)
9.40 – 10.40
The Big Picture: Leadership Outlook for Islamic Financial Services in Oman
We offer focus on the strategic future of Islamic financial services across Oman, from banking and retail finance to capital markets and asset management. Industry leaders examine how the sector can support the objectives of Oman Vision 2040, including economic diversification, private sector development, innovation and sustainable growth, while also considering how evolving regulatory and market expectations are reshaping the industry’s competitive landscape. Designed to provide clear strategies and directional thinking, this session sets the tone for the industry’s next phase of development.
Moderator:Oliver Agha, Managing Partner, Agha & Co and Columnist, IFN (The Islamic Legal Opinion)
Panelists:Asad Qayyum, Managing Partner, MAQ Legal
Badar Al Shanfari, Chief Operating Officer, Ominvest
James Sadler, Head of Debt Capital Markets and Structured Finance, Banking and Corporate Finance, Oman Investment Bank
10.40 – 10.50
Presentation: Risk Mitigation for Islamic Capital Market Investments
Issa Khalfan Al Suqri, Unit Head, Shariah Compliance and Monitoring, Meethaq Islamic Banking
10.50 – 11.00
Presentation - Epic Cash: Truly Halal Money
Max Freeman, Founder, Epicenter Labs
11.00 – 12.00
Islamic Banking for Growth: SMEs, Consumers & Digital Delivery
As Omani banks scale and respond to evolving customer expectations, we explore how they can support SME, corporate and housing finance through more efficient digital delivery models, improved onboarding, stronger data integration and smarter credit assessment. We examine how Islamic banks are leveraging technology, FinTech partnerships and customer-centric innovation to broaden access to finance, enhance operational efficiency and improve the customer experience, while maintaining financial stability and the principles of Shariah.
Moderator:Aisha Al Kharusi, Deputy Executive Chairperson, Modern College of Business and Science
Panelists:Ali Hassan Moosa, Financial Expert/Adviser, Ministry of Finance
Sami Arfah Bait Rashid, Assistant General Manager, Meethaq Personal Banking
12.00 – 12.10
Presentation: The Oman Investment Outlook - Vision 2040, Markets & the Future of Islamic Financial Services
Azza Al Habsi, VP – Economic Research, Ominvest, Ominvest
12.10 – 12.40
Coffee & Networking
12.40 – 13.30
Sukuk, Securitisation & Market Development: Building Depth in Oman’s Capital Market
While Sukuk remain central to Oman’s capital markets, the next stage of development depends on broadening instruments, participation and liquidity. We examine how securitisation, private credit structures and evolving market infrastructure can complement Sukuk issuance and support sustainable growth. We discuss regulatory alignment, investor engagement and gradual innovation needed to strengthen Oman’s position as a competitive regional issuer market.
Moderator:Mohsin Shaik Sehu Mohamed, Head of Investment Banking and Capital Markets, Dhofar Islamic
Panelists:Aflah Al Lawati, Group Treasurer and Vice President Financial Planning and Analysis, OQ SAOC
Suad Abdul Ghafoor Al-Balushi, AGM – Head of Treasury and Financial Institutions Department, Oman Housing Bank
13.30 – 14.20
Public Markets, Real Assets, Digital Assets and Private Capital: Scaling Shariah-Compliant Investments
As Oman’s Islamic investment landscape evolves, public markets, real assets, private capital and emerging digital assets can play a role in mobilising long-term Shariah-compliant investment. We examine how listed markets, funds and Sukuk sit alongside infrastructure, asset-backed strategies, private capital and digitally enabled investment models in building market depth and participation. We also consider the potential for tokenisation and Shariah-compliant digital assets, alongside the governance, transparency and regulatory considerations required to support innovation, liquidity and investor confidence.
Moderator:Oliver Agha, Managing Partner, Agha & Co and Columnist, IFN (The Islamic Legal Opinion)
Panelists:Darius Nass, Associate Director, Global Equity Indices, S&P Dow Jones Indices
Max Freeman, Founder, Epicenter Labs
Mohamed Anwar Al Lawati, Head of Investments, Private Markets, TANMIA
Muzzammil Dhedhy, Co-Founder and Group Executive Director, Hejaz Group
Shahariah Shaharudin, President, Saturna Malaysia
14.20
Refreshment & Networking
Forum Keynotes

H.E. Abdullah bin Salem Al Salmi
Executive President, Financial Services Authority
Haitham Al Salmi
CEO, Muscat Stock Exchange
Dr Qais Issa Mohammed Al Yahyai
Chief Economist, Central Bank of OmanForum Chair

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

Aflah Al Lawati
Group Treasurer and Vice President Financial Planning and Analysis, OQ SAOC
Aisha Al Kharusi
Deputy Executive Chairperson, Modern College of Business and Science
Ali Hassan Moosa
Financial Expert/Adviser, Ministry of Finance
Asad Qayyum
Managing Partner, MAQ Legal
Azza Al Habsi
VP – Economic Research, Ominvest
Badar Al Shanfari
Chief Operating Officer, Ominvest
Darius Nass
Associate Director, Global Equity Indices, S&P Dow Jones Indices
Issa Khalfan Al Suqri
Unit Head, Shariah Compliance and Monitoring, Meethaq Islamic Banking
James Sadler
Head of Debt Capital Markets and Structured Finance, Banking and Corporate Finance, Oman Investment Bank
Max Freeman
Founder, Epicenter Labs
Mohamed Anwar Al Lawati
Head of Investments, Private Markets, TANMIA
Mohsin Shaik Sehu Mohamed
Head of Investment Banking and Capital Markets, Dhofar Islamic
Muzzammil Dhedhy
Co-Founder and Group Executive Director, Hejaz Group
Sami Arfah Bait Rashid
AGM - Meethaq Personal Banking, Meethaq Islamic Banking
Shahariah Shaharudin
President, Saturna Malaysia
Suad Abdul Ghafoor Al-Balushi
AGM - Head of Treasury and Financial Institutions Department, Oman Housing Bank2025 Attendees
▪ 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

Aisha Al Kharusi
Deputy Executive Chairperson, Modern College of Business and Science
Ali Ozyon
Chief Marketing Officer, Hejaz Group
Asad Qayyum
Managing Partner, MAQ Legal
Dr Ehab Elsonbaty
Partner, DLA Piper
Hassan Ali Ansari
CFO, Takaful Oman
Dr Mohamed Eskandar Shah
CEO, ISRA International Consulting
Sadaf Buchanan
Partner – Head of Banking, DentonsRegistration
The Previous IFN Oman Forum
IFN Oman Forum 2025
Oman has an 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 – 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 has built a holistic ecosystem with a promising Islamic asset management sector, active Sukuk market and growing Takaful segment. Oman has also been consistently recognized in the annual IFN Deals of the Year awards recently, showcasing their innovative and proactive approach.
It’s predicted that the sector will command approximately 20% of overall banking assets by the end of 2025, and if the past years are anything to go by, this will be surpassed.
We are delighted to be back in Muscat with the 10th IFN Oman Forum, again with the support of regulators and leading Islamic financial institutions.
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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.













































