Central Bank of Oman and Islamic Financial Services Board convene 17th IFSB Summit in Muscat

The Central Bank of Oman, in collaboration with the Islamic Financial Services Board, has convened the 17th IFSB Summit in Muscat, running from 2–4 February 2026 under the theme “Islamic Finance for the Future: Breaking New Ground for Global Impact”. The event brings together senior policymakers, central bank governors, industry leaders, and representatives from intergovernmental institutions and academia from more than 40 countries. In his welcoming address, Central Bank of Oman Governor Ahmed Jaafar Al-Musalmi highlighted Islamic finance’s ethical foundations, transparency, and links to the real economy amid global economic uncertainty, technological change, and climate-related risks, and pointed to Oman’s progress since introducing Islamic finance in 2012 alongside a regulatory and supervisory framework. Discussions aligned with Oman Vision 2040 span economic diversification, financial inclusion, sustainability, resilience and social development, with sessions covering fintech innovation, capital markets, liquidity management, sustainability, crisis preparedness, youth engagement, social impact, and Shariah governance, including emphasis on integration across Islamic banking, capital markets, and takaful. The programme also showcases Oman as an investment destination, highlighting opportunities in logistics, renewable energy, advanced manufacturing, tourism, and the digital economy. The summit is scheduled to conclude on 4 February with a reaffirmation of Oman’s commitment to an internationally aligned Islamic finance framework and continued engagement in the sector’s development.