TANMIA Launches "Ishraq Endowment Investment Fund" in Partnership with the Ministry of Awqaf and Bank Nizwa to Support Sustainable Development in Oman
We are pleased to announce the launch of the "Ishraq Endowment Investment Fund" by TANMIA, established through a strategic partnership with the Ministry of Awqaf and Religious Affairs, the Sultan Qaboos Higher Center for Culture and Science, and Bank Nizwa.
The fund has a capital of OMR 10 million, with part of it to be offered for public subscription by institutions and individuals in the upcoming phase. The fund aims to enhance the developmental and investment role of the endowment sector in the Sultanate of Oman, supporting sustainable social and economic development through innovative, Shariah-compliant investments.
The establishment of the "Ishraq Endowment Investment Fund" is a continuation of TANMIA’s active and pioneering role in launching various investment initiatives and products that contribute to strengthening the national economy across sectors and is a key contributor to achieving the goals of Oman Vision 2040.
