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Reading: Financial institution credit score in Oman surpasses RO 34 billion
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Finance

Financial institution credit score in Oman surpasses RO 34 billion

spsingh
Last updated: June 30, 2026 12:14 pm
By spsingh
2 Min Read
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Financial institution credit score in Oman surpasses RO 34 billion
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MUSCAT: The Central Financial institution of Oman (CBO) will host the seventeenth Islamic Monetary Products and services Board (IFSB) Summit in Muscat from February 2–4, 2026, beneath the theme “Islamic Finance for the Future: Unlocking New Horizons with Global Impact”.

The summit will carry in combination central banks, regulators, world organisations and trade leaders to discover the rising position of Islamic finance in fostering a strong, moral and sustainable world monetary machine.

Panel discussions will quilt key problems reminiscent of creating the sukuk marketplace, strengthening non-banking monetary sectors, monetary inclusion, social affect and local weather trade. Discussion classes may also contain private-sector leaders, govt businesses, NGOs and early life representatives. An accompanying exhibition will characteristic contributions from main avid gamers within the Islamic finance trade.

Ahmed bin Ja’afar al Musallami, Governor of the Central Financial institution of Oman, described the summit as a “strategic turning point” that can assist deepen working out of world financial adjustments and advertise discussion on innovation-driven cooperation.

He mentioned it will additionally enhance the Islamic finance sector’s resilience and chart a trail for inclusive and sustainable enlargement.

Dr Ghiath Shabsieh, Secretary-Normal of the Islamic Monetary Products and services Board, highlighted the summit’s significance as an international platform for exchanging perspectives on rising tendencies in Islamic finance. He mentioned Oman’s webhosting of the development underscores its rising position in shaping the trade’s long term and selling its world adoption. — ONA

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