Bank Nizwa , the first Islamic Bank in the Sultanate recently organised a one-day Islamic finance seminar at Sultan Qaboos University ( SQU ) with an aim to educate students about Islamic Banking. The seminar was organised by the bank for the students and Faculty of The College of Economics and Political Science at SQU and created a strong partnership between the bank and the faculty of the college at the university.
Dr Jamil El Jaroudi, CEO, Bank Nizwa commented on the occasion “As the leader in Islamic finance, Bank Nizwa is constantly planning, thinking and innovating for the future of the industry. We work in partnership with the students, our future economists and business leaders to increase the opportunities for Islamic finance and to realise the value it brings to the financial landscape.”
The objective of the event was to raise awareness of the benefits and advantages that Islamic finance brings to the economy. In addition, it demystified the Islamic finance sector for the future decision makers and leaders in the corporate world, giving students the opportunity to meet with the highly skilled Bank Nizwa team and address any questions they had on the sector. It is just one in a series of initiatives which the bank has planned to elevate and advance Islamic financial knowledge and to develop future leaders in the Islamic finance industry through learning programmes at key educational institutions.
Dr El Jaroudi said ‘We are fully aware of the importance of building relationships and having a mutual co-operation with our colleges and universities and anywhere the youth of Oman grow and thrive. As the first Islamic bank in Oman, we work hard every day to educate and inform the public on the specialist areas of Islamic banking, Islamic finance and Sharia. We have a responsibility to the youth of Oman to encourage them to become future leaders in the Islamic banking and finance sector and to nurture them with the skills and information to do so.”
With Islamic finance growing at a steady rate, educated professionals are required to enable it to continue developing into a solid industry. The Bank Nizwa conference gave SQU students and academic staff a comprehensive overview of the critical knowledge and skills in areas relating to Islamic finance.
The Bank Nizwa team who facilitated the conference, consisting of some of the banks key executives including the CEO, Dr Ashraf al Nabhani, General Manager-Corporate Support, and Tariq al Farsi, General Manager, Retail and Private Banking, acted not only as ambassadors for the bank but for the industry as a whole as they disseminated crucial information on the sector.
As part of its commitment to the future of Islamic finance and to the young people of Oman, Bank Nizwa will continue to invest in this generation of future leaders and encourage them to discover careers in Islamic finance.
Oman Daily
