"In the struggle to drive long-term sustainability and accelerate economic growth, it is crucial to formulate strong banking reforms, diversify financial assets and execute appropriate investment mechanisms effectively," said Sherwin Sevillena, Senior Manager - Conferences at OITE, adding that: "The need to strengthen policies and legal principles intended for implementing Islamic banking for the Sultanate of Oman should seize decisive action by governments and key policy makers to obtain a competitive edge in the regional and global financial markets."
The conference aims to provide a platform for dialogue and discussions between top leaders, key policy makers and the brightest minds in the industry to formulate winning strategies that will revolutionise the Sultanate's current financial structure and investment climate. Besides, the event aspires to develop a concrete blueprint on how to meet the emerging challenges posed by the outcome of financial liberalisation including ways to leverage opportunities in introducing Shari'ah-compliant products and banking solutions.
Sevillena added, "The event will also discuss the need for a fundamental rethink on how to increase the level of sophistication in building techniques to raise awareness, optimise operation efficiencies and achieve a higher degree of accountability to the public at large. It will throw light on uncovering solutions and forward-thinking ideas to manage complex Islamic banking implementation in a highly volatile environment."
Source: http://www.ameinfo.com/282287.html
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