Alizz Islamic Bank launched the activities of the “First Forum for Sharia Supervision in Islamic Banks,” which will be held from June 28 to 30, 2026, under the umbrella of “Manar Alizz,” the bank’s knowledge and awareness initiative on Islamic banking, as part of its ongoing efforts to spread awareness of Islamic banking and promote a specialized understanding of its principles and Sharia foundations .

The forum brings together a select group of esteemed scholars, members of Sharia supervisory boards, experts and specialists in the Islamic banking and finance sector, with the aim of highlighting the pivotal role of Sharia supervision in enhancing the reliability and sustainability of the Islamic financial industry, and exchanging experiences and knowledge about the most prominent developments and challenges facing the sector .

The organization of this forum comes in line with Alizz Islamic Bank’s vision to consolidate its position as a leading Islamic financial institution that contributes to the development of specialized knowledge in Islamic banking, and to provide dialogue platforms that bring together practitioners, academics and those interested in Sharia and financial matters, thereby enhancing community awareness of the principles upon which the Islamic banking industry is based .

The forum's program includes a series of specialized workshops and scientific sessions addressing several important topics, including: investing Zakat funds and civil society organizations; the principles of Takaful insurance and its impact on strengthening Islamic finance guarantees; principles of operation in the Islamic finance sector; and the concepts of Sharia auditing and the risks of non-compliance. The forum will also feature an extensive panel discussion on the architecture of Islamic finance contracts, with the participation of leading members of Sharia supervisory boards .

On this occasion, Mr. Issa bin Salem Al-Riyami, Head of Sharia Compliance and Audit at Alizz Islamic Bank, said

The first Sharia Supervision Forum in Islamic Banks represents a unique platform to raise awareness of the vital role that Sharia supervision plays in establishing the principles of governance, integrity , and trust in the Islamic finance industry. Through the “Manar Al-Ezz” initiative, Alizz Islamic Bank continues its efforts to provide specialized knowledge platforms that contribute to developing national competencies and establishing best professional and Sharia practices, thereby enhancing the sustainability and growth of the sector .

We also emphasize that this forum is a gathering for all Islamic banks operating in the Sultanate of Oman, embodying the spirit of cooperation and integration among the sector's institutions in serving common goals and enhancing the exchange of professional expertise and knowledge. The generous support and active participation of colleagues from various Islamic banks reflected a high level of professional responsibility and a shared sense of the importance of developing the Sharia supervisory and governance system, making the success of this forum a fruit of collective effort and a professional partnership that we all cherish .

We hope that this forum will be the beginning of a well-established annual professional tradition hosted and organized by Islamic banks in the Sultanate, and that its scope will expand year after year to include more scientific, professional and training initiatives, contributing to the development of the Sharia supervision and governance system and enhancing the Sultanate of Oman’s position as a leading model in institutional cooperation and serving the Islamic banking and finance industry .”

Investing in knowledge and building specialized capabilities is a fundamental pillar for supporting the sustainability of the Islamic financial sector and enhancing confidence in it. Alizz Islamic Bank is keen to continue launching initiatives and programs that contribute to developing national competencies and establishing the best Sharia and professional practices in the sector .

The forum is an important knowledge platform to promote dialogue and exchange experiences among specialists, which contributes to supporting the progress of Islamic banking and consolidating its role in achieving sustainable economic and social development .

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