IFSB
Summit on the Future of Islamic Finance Begins in Muscat

Muscat,
3 Feb 2026 (ONA) — The Central Bank of Oman (CBO), in collaboration with the
Islamic Financial Services Board, organized the 17th IFSB Summit in Muscat, held
under the theme “Islamic Finance for the Future: Breaking New Ground for Global
Impact.”

The Summit brings together senior policymakers, central bank governors,
industry leaders, and representatives from intergovernmental institutions and
academia from more than 40 countries, reinforcing its position as a leading
global platform for advancing dialogue and cooperation in Islamic finance.

In his welcoming address, Ahmed Jaafar Al Musalmi, Governor of the Central Bank
of Oman, highlighted the growing relevance of Islamic finance’s ethical
foundations, transparency, and strong linkages to the real economy,
particularly in the face of global economic uncertainty, rapid technological
transformation, and climate-related risks.

He
also underscored the Sultanate of Oman’s steady progress in building a
resilient Islamic finance sector since its introduction in 2012, supported by a
robust regulatory and supervisory framework.Aligned with Oman Vision 2040, the Summit discussions focus on the role of
Islamic finance in driving economic diversification, enhancing financial
inclusion, promoting sustainability, and strengthening resilience and social
development, including women and youth empowerment.

The
three-day programme features high-level plenary sessions, governors’ and CEOs’
forums, and technical discussions covering fintech innovation, capital markets,
liquidity management, sustainability, crisis preparedness, youth engagement,
social impact, and Shariah governance. Particular emphasis is placed on
strengthening integration across Islamic banking, capital markets, and takaful.

The Summit further reinforces international cooperation among IFSB member
jurisdictions and showcases the Sultanate of Oman as an attractive investment
destination, highlighting opportunities across priority sectors including
logistics, renewable energy, advanced manufacturing, tourism, and the digital
economy.

The event reaffirms the Sultanate of Oman’s commitment to an internationally
aligned Islamic finance framework and its continued contribution to the future
growth, resilience, and global impact of the Islamic financial services
industry.

—Ends/AG