Muscat – Ministry of Endowments and Religious Affairs (MERA), in collaboration with Bausher Endowment Foundation, will hold the inaugural Oman Endowment Conference on December 16 at Oman Convention and Exhibition Centre.

Themed ‘Innovation and Sustainability’, it aims to promote advancements in the endowment sector in alignment with the goals of Oman Vision 2040.

Abdul Aziz bin Masoud al Ghafri, Assistant Director General of Endowments and Bait al Mal at MERA, stated, “The two-day conference seeks to provide innovative and sustainable solutions for the endowment sector, focusing on investments and innovations, while addressing how the latter contribute to societal impact and sustainability.”

Highlighting the growing interest in the endowment sector, Mohammed bin Salim al Busaidi, CEO of Bausher Endowment Foundation, said, “The government and society, through public and private institutions, have shown significant commitment to this sector, which includes over 36,000 endowments and more than 55 public and private endowment institutions in Oman.”

The conference will host over 20 speakers, including local and international experts, and will feature specialised workshops to equip participants with practical skills. Topics of discussion include governance, performance indicators, risk management and compliance in the endowment sector, as well as contemporary endowment investment and measuring social returns on investment.