IIFM Workshop on Islamic Hedging & Liquidity Management

Thursday, 26 November 2015
IIFM Workshop on Islamic Hedging & Liquidity Management
Thursday, 26th November 2015, at Multi-Purpose Hall, Ground Floor, NCB Regional Office Recreation Building, Al Mather, Riyadh, Kingdom of Saudi Arabia
PROGRAM
08:30AM – 09:00AM
Registration and Morning Refreshments
09:00AM – 09:05AM
Recitation of Holy Quran
09:05AM – 09:15AM
Welcome Remarks

Mr. Abdulrazak Elkhraijy, EVP & Head of Shari’ah Group, The National Commercial Bank, Jeddah

09:15AM – 09:30AM
Opening Remarks

Mr. Khalid Hamad Abdul Rahman Hamad, Chairman, IIFM, Manama

09:30AM – 11:00AM
Developments in Islamic Hedging Segment
  • Shari’ah Parameters of Islamic Hedging
  • Tahawwut (Hedging) Master Agreement – Key Terms and Conditions
  • Hedging/Risk Mitigation Products & IIFM Standard Products Templates
  • Law Reforms (Netting Law & New Regulatory Requirements) & Islamic Credit Support Arrangement

Speakers

  1. Mr. Ijlal Ahmed Alvi, Chief Executive Officer, IIFM, Manama
  2. Mr. Tim Plews, Partner, Clifford Chance LLP, Riyadh
11:00AM – 11:30AM
Refreshment Break
11:30AM – 12:15PM
Collateralization of Islamic Securities as a Liquidity Management Tool
  • IIFM Standard Master Collateralized Murabahah Agreement & Guidance Memorandum
  • Tri-Party Arrangement for Collateral Management (International & Domestic)

Speakers

  1. Mr. Ismail Dadabhoy, Advisor, IIFM, Dubai
  2. Mr. Sabri Ulus, Head – Islamic Treasury Solutions, The National Commercial Bank, Jeddah
12:15PM – 01:00PM
Unrestricted Wakalah as a Liquidity Management Tool
  • IIFM Standard Inter-Bank Unrestricted Master Investment Wakalah Agreement & Operational Guidance Memorandum
  • Accounting Assessment

Speakers

  1. Mr. Kamal Abdelkarim Hassan, Manager – Treasury & Financial Institutions, Kuwait Finance House – Bahrain, Manama (TBC)
  2. Mr. Ijlal Ahmed Alvi, Chief Executive Officer, IIFM, Manama
01:00PM – 01:30PM
Questions and Answers Session
01:30PM – 02:00PM
Luncheon hosted by The National Commercial Bank & End of Workshop