Tanmia's Al Kawthar Fund joins Takaful Oman and Bank Nizwa to launch Islamic Finance Knowledge Program

2017-10-05

TANMIA's Al Kawthar Islamic Fund management team signed an MoU with Takaful Oman Insurance Co and  Bank Nizwa, to organize the Sultanate’s first roadshow that will shed light on Shari’a-compliant financial instruments in banking, insurance and investment.

The program, titled ‘Islamic Finance Knowledge Program’, will be held across multiple governorates and is set to feature presentations by some of the most respected figures in the Islamic financial sector, panel discussions, and participation from senior Shari’a-compliant scholars.

Sheikh Rashid Al Saadi, CEO of TANMIA, said “We are proud to join hands with two of Oman’s leading Islamic financial sector players. Our participation in this roadshow will provide investors with a comprehensive understanding of the advantages provided by Islamic investment opportunities ranging from the benefits of diversifying portfolios to their greater resilience to economic fluctuations. Added to that, Al Kawthar Fund is registered and governed by regulation of Capital Market Authority (CMA) listed in Muscat Security Market (MSM).”

The roadshow is expected to be a perfect fit for citizens of different age groups in addition to companies and businesses. Attendees will learn firsthand the advantages provided by Islamic financial products and explore the link between different Islamic financial institutions from various aspects, where Takaful insurance is connected to Islamic Banking and the latter is connected to Islamic investment across a wide spectrum of services. 


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