IIFM Industry Seminar on Islamic Financial Market

Monday, 01 December 2014
IIFM Industry Seminar on Islamic Financial Market
Pre-Conference Day Seminar at the 21st Annual World Islamic Banking Conference, Monday, 1st December 2014, Awal Ballroom, Gulf Hotel, Bahrain
PROGRAM
08:30 – 09:00
Registration
09:00 – 09:05
Recitation of the Holy Quran
09:05 – 09:15
Welcome Remarks:

Mr. Khalid Hamad Abdul-Rahman Hamad, Chairman, International Islamic Financial Market (IIFM)

09:15 – 09:30
Keynote Address:

H.E. Dr. Halim Alamsyah, Deputy Governor, Bank Indonesia

09:30 – 09:45
Launch of IIFM Sukuk Report 4th Edition
09:45 – 10:45
Session 1: Recent Developments in the Global Sukuk Market
  • Key takeaways from IIFM Sukuk Report (4th Edition)
  • Sukuk market development and  future prospects   
  • Creating an enabling environment for Sukuk market - regulation, listing, rating and other factors

Moderator/Presenter:

Mr. Ijlal Ahmed Alvi, Chief Executive Officer, IIFM

Panelists/Presenters:

1) Mr. Afaq Khan, Chief Executive Officer, Standard Chartered Saadiq, Dubai

2) Mr. Promod Dass, Deputy CEO, RAM Rating Services Berhad, Kuala Lumpur

3) Mr. Ashley Freeman, Head of Islamic Finance, Charles & Russell LLP, Bahrain

10:45 – 11:45
Session 2: Emerging Islamic Liquidity Management Arrangements
  • Use of ‘Rahn’ in liquidity management – Key features of the IIFM Collateralized Murabahah standard documentation
  • Islamic inter-bank market and benefit of IIFM Unrestricted Wakalah standard documentation

Modertator/Presenter:

Mr. Ismail E. Dadabhoy, Advisor, IIFM

Panelists/Presenters:

1) Mr. Lilian Le Falher, Executive Manager, Treasury, FI’s & Capital Markets, KFH Bahrain

2) Mr. Sulaiman Bin Hamed Al Harthy, Group General Manager- Islamic Banking Group, Bank Muscat

3) Mr. Tim Plews, Partner, Clifford Chance LLP, Riyadh

11:45 – 12:00
Prayer and Refreshment Break
12:00 – 12:45
Session 3: Developments in Tahawwut (Islamic Hedging) Segment
  • Tahawwut Master Agreement (TMA) and Key Hedging Product Templates
  • Standard Credit Support Agreement – Development & Challenges
  • Legal Enforceability of TMA
  • New EU and North American regulations on derivatives and possible impact on Islamic hedging

Moderator:

Mr. Saad Rahman, Managing Director – Head of Global Islamic Banking, Credit Agricole CIB, Dubai

Panelists/Presenters:

1) Mr. Lilian Le Falher, Executive Manager, Treasury, FI’s & Capital Markets, KFH Bahrain

2) Mr. Palani Alagappan, Assistant Treasurer, The National Commercial Bank, Jeddah

3) Mr. Tim Plews, Partner, Clifford Chance LLP, Riyadh

12:45 – 13:30
Session 4: On-Exchange Islamic Products
  • Role of exchanges in the development of Islamic finance
  • On-Exchange Commodity Trades, Exchange Traded Funds and Others
  • Documentation requirements and scope for harmonization

Moderator:

Mr. Moinuddin Malim, Managing Partner, Alternative Int’l Management Services, Dubai

Panelists/Presenters:

1) Assoc. Prof. Dr. Mustafa Kemal Yilmaz, Executive Vice President, Borsa Istanbul  

2) Mr. Jamaluddin Nor Mohamad, Director of Islamic & Alternative Markets, Bursa Malaysia

3) Mr. Cassim Docrat, Director, DDCAP Limited, Dubai

13:30 – 14:00
Session 5: Standardization of Legal Documentation by IIFM
  • Update on IIFM Industry Consultations on Sukuk
  • Legal and Shari’ah harmonization

Speakers:

1) Mr. Salman Ahmed, Partner, Trowers & Hamlins, Bahrain

2) Mr. Ijlal Ahmed Alvi, Chief Executive Officer, IIFM

14:00 – 15:00
Pre-Conference Day Luncheon and End of Seminar

The program is subject to change