05.07.2011 - Oman Islamic Economic Forum (OIEF) announced
Local Omani player Amjaad Development and London based Edbiz Consulting Limited are collaborating in the organization of a pioneering Islamic finance conference in Oman, a move signaling the growing interest within the gulf nation. His Majesty Sultan Qaboos opened the country's doors to Islamic finance earlier this year causing widespread enthusiasm within the Islamic finance industry for entry into this new and potentially lucrative untapped market. Amjaad Development's Chairman, Khalid Al Yahmadi is of the view that Islamic finance is desired by the majority of Omanis and that together with government support, it can grow rapidly. (Press Release)