Muscat hosts meeting on digital transition in Islamic banking

Muscat:The second edition of the Islamic Banking Forum, “Themar 2025”, was held on Sunday in Muscat under the theme “Islamic Financial Transactions and Economic Stability”.

The opening ceremony was held under the auspices of HH Sayyid Numair bin Salim Al Said.

The meeting included two discussion sessions, the first of which was titled "Open Banking and Digital Transition: Shaping the Future of Islamic Banking". The second session focused on measures for maximising the sustainable impact of Waqf Funds and Islamic Takaful portfolios.

Omair bin Mohammed Al Julandani, at a leading digital media, stressed the significance of the meeting as a means of exchanging knowledge and expertise among banks and Sharia-compliant and financial institutions.

Al Julandani added that the meeting explored support for digital transition in the Islamic banking sector, towards a more professional future. The forum also highlighted opportunities for integration among endowments, investment and Takaful as tools for maximizing the beneficial impact.

During the forum, a number of private and endowment Islamic financial institutions were felicitated for winning top places at “Thamar 2025” Islamic finance excellence awards.