Monday 5 November 2012

Muscat International Islamic Finance Forum Underway

CPI FINANCIAL: The 1st Muscat International Islamic Finance Forum runs at al Bustan Place Hotel 4-5 November under the auspices of Sayyid Asa'ad bin Tariq al-Said. The opening ceremony was attended by a number of ministers, undersecretaries and more than 400 attendees from the region.

His Eminence Sheikh Ahmed bin Hamad al-Khalili, the Sultanate's Grand Mufti said the conference would cast light on Islamic Banking and its importance for the Islamic Ummah.

Tun Dr. Mahathir Mohammed, former Prime Minister of Malaysia delivered a speech where he said that Islamic countries should exploit the bounties provided to them by Allah through following the teachings of Islam. He added that, “There is a dire need for Islamic banking in this age to make the optimum utilisation of the available capital in the Islamic world.” » | Robin Amlôt | Monday, November 05, 2012