Oman
Ishraq Endowment Investment Fund Launched with a Capital of RO10M
The Ministry of Endowments and Religious Affairs, the Sultan Qaboos Higher Centre for Culture and Science and Bank Nizwa, in cooperation with Oman National Investments Development Company, launched ‘Ishraq Endowment Investment Fund’ with a capital of RO 10 million.

The Ministry of Endowments and Religious Affairs, the Sultan Qaboos Higher Centre for Culture and Science and Bank Nizwa, in cooperation with Oman National Investments Development Company, launched ‘Ishraq Endowment Investment Fund’ with a capital of RO 10 million.
Launching the endowment fund was held under the patronage of Dr. Mohammed Said Al Maamari, Minister of Endowments and Religious Affairs.
The Fund offers innovative and promising investment opportunities by facilitating access to investment opportunities that are compatible with Sharia provisions. The Fund supports the financial goals of individuals and companies, and enhances shared responsibility towards community welfare. This initiative is closely aligned with national aspirations to empower society and promote sustainable development.
The Fund aims to enhance the developmental and investment role of the endowment sector in the Sultanate of Oman and positively contribute to sustainable social and economic development through investments compatible with Islamic Sharia.
This initiative allows individuals, companies and endowment establishments to contribute to charity fields and community projects that are consistent with Islamic values.
The launch of the fund comes in line with the government’s tireless efforts, represented by the Ministry of Endowments and Religious Affairs, to support and enhance the endowment investment sector to support comprehensive development and advance society at all levels.
-
Banking & Finance2 months ago
National Finance Reinforces Position as Partner for Growth, Offers a Comprehensive Product Suite to Support Customer Ambitions
-
OER Magazines1 month ago
OER, July 25
-
Alamaliktistaad Magazines1 month ago
Al-Iktisaad, July 25
-
Education2 months ago
Russia offers diverse tourism and education opportunities: Sofia Malyavina
-
Banking & Finance2 months ago
Bank Muscat organises Media Visit to showcase Premier Banking and Wealth Management Solutions
-
Digital1 month ago
Russia’s Digital Frontier: An Inside Look with Alexey Goreslavsky of IRI
-
Energy2 months ago
Oman Investment Authority launches the Sultanate’s First Energy Transition Fund
-
Business2 months ago
Need to rebuild trust and collaboration says Alexander Stuglev, Chairman & CEO of the Roscongress Foundation