Bank Nizwa hosts Islamic Banking Forum on May 1

Dr Jamil el Jaroudi

Muscat - 

Bank Nizwa's inaugural Islamic Banking Knowledge Forum will be held tomorrow. Key thinkers and strategists from many of the sultanate's public- and private-sector businesses and corporations will convene at the Shangri La Barr al Jissah Resort & Spa, where they discuss the role that Islamic finance and banking has played in the country’s economic growth and the sector's future.

The forum will feature experts who will conduct interactive sessions on Islamic banking and its role in business. They will also discuss the challenges the Islamic banking sector faces and work out solutions.

Dr Sayd Farook (global head of Islamic capital markets, Middle East and Africa, Thomson Reuters) will moderate the session, which will also feature Dr Khalid al Fakih (secretary general of AAOIFI),  Najmul Hassan (director of remedial asset management, Islamic Corporation for the Development of the Private Sector) and Dr Jamil el Jaroudi (CEO of Bank Nizwa).

Speaking about the forum, Dr Jaroudi said, "Bank Nizwa is made up of people who are passionate about Islamic finance and its place in society. Now into our second year of operations we see how important Islamic banking is becoming in the oldest independent state in the Arab world. Our mission is to make Islamic banking more visible, to engage with people and empower them with the knowledge and understanding of Islamic finance so that they can understand the tremendous benefits it brings."

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