Oman chamber to organize seminar on Islamic banking

January 22, 2018 Off By Web Desk

Muscat (UNA-OIC) – Oman Chamber of Commerce and Industry (OCCI), represented by the Financial, Banking, and Insurance Committee, will organize a seminar on Islamic banking at Sheraton Hotel here on Tuesday during which working papers, focusing on the investment opportunities of the Islamic Banks, and Islamic Banking and the local economic development, will be discussed.

It will include a discussion on the impact of awareness among individuals and institutions on Islamic financial instruments, the Islamic finance cycle – Islamic banks – in the management of economic crises, the change of the credit rating of the Sultanate and its impact on development plans, diversification of sources of financial income for Islamic banks, Times of Oman daily reported.

Titled Direct Economic Development, the function will be held under the patronage of Executive President of the Central Bank of Oman (CBO) Tahir bin Salim bin Abdullah Al-Amri.

Source: international Islamic News Agency