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MENAFN - Muscat Daily - 02/11/2012

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(MENAFN - Muscat Daily) As part of its leading role in supporting the development of the Islamic finance industry, Ahlibank is the titanium sponsor of the first Muscat International Islamic Finance Forum (MIIFF).The two-day event, organised by Amanie Advisory House of Oman at the Al Bustan Palace, a Ritz-Carlton Hotel, on November 4 and 5, will bring together senior industry figures, global investors, Takaful operators, bankers and Shariah scholars.The topics will focus on the newly-created opportunities in Oman and other countries, new to Islamic finance, as well opportunities in Islamic banking and finance in the wider region.The forum will specifically discuss the current state of the Sukuk market, new opportunities for Takaful providers, winning strategies for distributing funds within new markets, and issues facing new Islamic banking environment in Oman to include asset liability management, treasury and interbank money market products.Commenting on the event, Abdullah al Jabri, deputy general manager, said, ''Ahlibank's support to this important conference is an opportunity to showcase the role played by the bank as a well-established institution contributing to building and development of Islamic banking Industry in the sultanate. As a leader in the Islamic banking industry, we are keen on bringing to the forefront current key issues, trends and developments taking place within the Islamic banking and finance industry.''Islamic finance professionals as well as potential Islamic banking consumers attending the conference will benefit tremendously on many levels, and will gain insights and experience from the scholars and pioneers of this industry.''In January this year, Ahlibank had launched its Al Hilal Islamic Banking services logo and the bank has also organised a series of customised Islamic banking courses for its staff to continue offering the high-quality services that the bank is renowned for.Ahlibank's Al Hilal Islamic banking services will offer a variety of Sharia-compliant banking solutions to different  regions of the sultanate through an initial network of six branches.The bank has been working round-the-clock to ensure that its Islamic banking services will lead the way in the field in the sultanate.''We are optimistic that Ahlibank's Al Hilal Islamic banking services will have a positive impact on Oman's Islamic banking sector. And we will remain firm on our commitment “ to be true and transparent to our customers in fulfilling their demands and the government's vision  for the development of the Islamic banking,'' Jabri added.


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