IIFM Seminar On Islamic Financial Markets, Kuala Lumpur

Past Event

  • Tuesday, 8th May 2018
  • 07:30 AM - 04:00 PM
  • Kuala Lumpur Convention Centre, Kuala Lumpur, Malaysia
  • Registration are closed for this event.

Program Details

8:30 AM - 9:00 AM
REGISTRATION AND MORNING COFFEE

9:00 AM - 9:05 AM
OPENING OF THE SEMINAR WITH RECITATION FROM THE HOLY QURAN

9:05 AM - 9:15 AM
WELCOME ADDRESS

Danial Mah Bin Abdullah, Director-General, Labuan Financial Services Authority (Labuan FSA), Labuan


9:15 AM - 9:30 AM
OPENING

Khalid Hamad Abdulrahman, Executive Director of Banking Supervision, Central Bank of Bahrain and Chairman, IIFM


9:30 AM - 10:45 AM
IIFM DOCUMENTATION AND PRODUCT STANDARDS – AN OVERVIEW

– Brief on Published IIFM Standards
   > Islamic Hedging Standards
   > Islamic Liquidity Management Standards
– Contribution of IIFM Standards in the Development of Islamic Finance Industry
   > Market Implementation and Unification
   > Creating Legal Certainty (Law Reforms, Legal Opinions and Regulatory Requirements)

Moderator:

Hammad Hassan, Managing Director, Bank ABC Islamic and Group Head of Islamic Banking, Bank ABC, Bahrain

Speakers:

Ijlal Ahmed Alvi, Chief Executive, IIFM, Bahrain

Mohamed Omarah, Head of Legal and Governance for MENA Countries, Credit Agricole Corporate and Investment Bank, Dubai

Qudeer Latif, Partner, Head of Islamic Finance, Clifford Chance LLP, Dubai

Lawrence Oliver, Director, Deputy CEO, DDCAP Limited, London


10:45 AM - 12:00 PM
GLOBAL SUKUK MARKET TRENDS AND DEVELOPMENTS

– Global Sukuk Market Overview – Key Findings of the IIFM Sukuk Report 2018
   > Domestic and International Issuances
   > Types of Issuers
   > Structural Preferences
– Innovation in Sukuk (SRI, Green and Gold Sukuk)
– Development of Corporate Sukuk Market in Sukuk Issuing Countries
– Challenges in Issuing Sukuk from Market, Legal and Regulatory Perspective
– Sukuk Default and Restructuring – Lessons Learnt
– Update on IIFM Sukuk Standardization Initiative

Moderator:

Baha Osman, Executive Director, Osman Consulting, Michigan

Speakers:

Ismail Dadabhoy, Advisor, IIFM, Dubai

Noraizat Shik Ahmad, Deputy General Manager, Development and Islamic Markets, Securities Commission Malaysia, Kuala Lumpur

Tahir Ali Sheikh, Director and Head, Islamic Advisory, Client Coverage-Group Wholesale Banking, CIMB Investment Bank Berhad, Kuala Lumpur

Qudeer Latif, Partner, Head of Islamic Finance, Clifford Chance LLP, Dubai


12:00 PM - 12:45 PM
MANAGING THE TRANSITION OF WEALTH ACROSS GENERATIONS VIA SHARI’AH-COMPLIANT SOLUTIONS

– From an Islamic perspective: The importance of managing and transferring wealth to the next generation
– Structuring family wealth and succession planning through Trust and Foundations. How does Waqf Foundation make a difference?
– Application of  Waqf Foundation: A unique Shari’ah-compliant wealth management solution in real life

Speaker:

Dr. Aida Othman, Director, ZICO Shari’ah Advisory Services, Kuala Lumpur


12:45 PM - 1:45 PM
LUNCHEON HOSTED BY BANK ABC ISLAMIC

1:45 PM - 2:45 PM
TRADE FINANCE AND ISLAMIC RISK PARTICIPATION AGREEMENTS

– State of Islamic Trade Finance and Potential
– Islamic Trade Finance Products and Challenges (Funded and Unfunded)
– Impact of Standardized Agreements on Islamic Trade Finance Segment
– Update on IIFM-BAFT Islamic Master Risk Participation Agreements – Key Terms

Moderator:

Shamzani Hussain, Managing Director and Head of Islamic Banking, Corporate and Investment Banking Group, First Abu Dhabi Bank, UAE

Speakers:

Ijlal Ahmed Alvi, Chief Executive, IIFM, Bahrain

Mohamed Omarah, Head of Legal and Governance for MENA Countries, Credit Agricole Corporate and Investment Bank, Dubai

Kamal Abdelkarim Hassan, Senior Manager, Treasury and Financial Institutions, Kuwait Finance House-Bahrain


2:45 PM - 3:45 PM
GOLD IN ISLAMIC FINANCE AND DOCUMENTATION & PRODUCTS STANDARDIZATION

– AAOIFI-World Gold Council Standard – Case for Gold in Islamic Finance
– Islamic Gold Products, Gold Trading Centres and the Role of Exchanges
– Need for Standardization of Gold Related Documentation and Product Confirmations
– Key Take Aways from the IIFM/World Gold Council Industry Consultative Meeting on Gold Documents and Products Standardization

Moderator:

Ijlal Ahmed Alvi, Chief Executive, IIFM, Bahrain

Speakers:

Dr. Aznan Hasan, Associate Professor, Institute of Islamic Banking and Finance, International Islamic University of Malaysia, Kuala Lumpur

Andrew Naylor, Director-Central Banks and Public Policy, World Gold Council, Singapore

Sarimah Bashah, Vice President, Wealth Management & Affluent Banking Department, Consumer Banking Division, Bank Muamalat Malaysia Berhad, Kuala Lumpur


3:45 PM - 4:45 PM
FINTECH AND SMART CONTRACTS – OPPORTUNITIES IN ISLAMIC FINANCE

– State of Current Smart Contracts
– Scope for Operational and Compliance Efficiency
– Legal Aspects

Moderator:

Ismail Dadabhoy, Advisor, IIFM, Dubai

Speakers:

Prof. Dr. Mohamad Akram Laldin, Executive Director, International Shari’ah Research Academy for Islamic Finance (ISRA), Kuala Lumpur

Mian Muhammed Nazir, Chief Executive Officer, Dar Al Sharia, Dubai

Nicholas Edmondes, Partner, Trowers & Hamlins LLP, Kuala Lumpur


4:45 PM - 5:00 PM
CLOSE OF SEMINAR AND COFFEE