Monday, February 18, 2013

Oman preferred destination for Sukuk


Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, will be discussing Oman's leading position as a preferred investment destination for Sukuk during an upcoming forum set to take place under the patronage of the Capital Market Authority of the Sultanate of Oman (CMA) on February 24, 2013. 

According to a recent Thomson Reuters Sukuk Perceptions and Forecast Study, Oman ranked first in the largest survey of its kind of both Shari'a compliant investors and capital arrangers, ahead of Egypt, Kazakhstan, Tunisia and Libya, all of which are establishing regulations for Shari'a compliant finance. 

With support from the General Council for Islamic Banks and Financial Institutions (CIBAFI) and Islamic Research and Training Institute (IRTI), a member of the Islamic Development Bank group, Thomson Reuters will be holding a forum in Oman investigating what needs to be done to facilitate the country's entry to global Islamic financial markets. 

Thought leaders, bankers, and Shariah scholars will discuss the opportunities of setting up Islamic financial markets operations in Oman, how to capitalize on the global Islamic financial markets interest, and explore prospects to develop a strong Islamic interbank and fixed income market. 


Read more: http://www.gulfbase.com/news/oman-preferred-destination-for-sukuk/229570

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