Sohar Islamic—the Islamic banking window of Sohar International—recently extended its support to the 48th Baghdad International Fair 2025 as a Participating Partner. The prestigious event was held in Baghdad from February 1 to 7, 2025, under the patronage of Iraq’s Prime Minister, Mohammed Shia' Al Sudani. The event also saw the participation of His Excellency Qais bin Mohammed Al Yousef, Minister of Commerce, Industry & Investment Promotion, along with 22 leading Omani companies spanning diverse sectors. As a key participant, Sohar Islamic had a dedicated exhibition stall, showcasing its innovative banking solutions designed to support cross-border transactions, facilitate investor services, and attract international investment.

Bringing together high-level government officials, corporate leaders, and industry pioneers from around the world, the fair served as a dynamic platform for economic engagement, investment opportunities, and impactful collaborations. The bank’s presence underscored its strategic goal of expanding its regional footprint and reinforcing its role as a trusted financial partner for businesses and investors engaged in international trade.

Commenting on Sohar Islamic’s involvement in the event, Mr. Abdul Wahid Mohamed Al Murshidi, Acting Chief Executive Officer of Sohar International, stated, “As global markets evolve, financial institutions must support investors by offering tailored solutions that facilitate international trade. Our presence at the Baghdad International Fair reflects our commitment to bridging financial markets and enhancing trade relations. By participating in high-profile events like these, we not only showcase our capabilities but reaffirm our role in driving investment, promoting Oman's position as an economic hub, and strengthening financial ties across borders.”

Sohar Islamic showcased several strategic offerings at the fair, including tailored B2B banking services designed to simplify transactions for businesses operating between Oman and Iraq. By offering bespoke account-opening services for investors, the bank aims to streamline financial operations, making it easier for businesses to engage in international trade. This initiative is designed to reduce transaction complexities, provide secure, Sharia-compliant banking solutions, and support the growth of businesses seeking to expand their reach in international markets. Through these services, Sohar Islamic aims to contribute to a more efficient and interconnected business environment for investors and companies operating across borders. Furthermore, Sohar Islamic’s engagement with Omani companies at the fair further strengthens its commitment to empowering domestic businesses with the necessary financial infrastructure to expand into new markets.

As international investors explore opportunities within Oman and the broader GCC region, Sohar Islamic’s participation in the fair further solidifies its growing reputation as a trusted financial institution. By showcasing its expertise in corporate banking, trade finance, and investment solutions, the bank aims to attract foreign investors seeking Sharia-compliant financial services. The event also serves as a platform for engaging with key stakeholders, establishing strategic partnerships, and positioning Sohar Islamic as a reliable partner for foreign direct investment into Oman.

With an unwavering commitment to innovation and customer-centric banking, Sohar Islamic’s participation in the Baghdad International Fair reflects its broader objective of fostering economic cooperation, enhancing investor confidence, and cultivating a more integrated financial ecosystem across regional markets.