Past Event
Dr. Ahmad Rufai, Head of Compliance, IIFM
H.E. Tahir Salim Al Amri, Executive President, Central Bank of Oman
Senior Official, IIFM Board of Directors (TBA)
Ismail Dadabhoy, Advisor, IIFM
i. Overview of the Global Sukuk Market – Key Findings of the Annual IIFM Sukuk Report 2019
– International and Domestic Sukuk Issuances
– Types of Sukuk Issuers & Sukuk Structure Trends
– Development of Corporate Sukuk Market
– Innovations in Sukuk
> Green and SRI Sukuk
> Gold related Sukuk
ii. Update on IIFM Standardized Sukuk Documentation Initiative
– Sukuk Al Ijarah Suite of Documentation
– Sukuk Al Mudarabah Suite of Documentation
iii. Digitization and Automation of Sukuk Templates – Role of FinTech
Chairperson:
Hamza Bawazir, Executive Vice President – Head of Shariah Division, The National Commercial Bank, Jeddah
Presenter:
Ijlal Ahmed Alvi, Chief Executive, IIFM
Qudeer Latif, Partner (Global Head of Islamic Finance), Clifford Chance LLP, Dubai
Panelists:
Shamzani Hussain, General Manager, Meethaq Islamic Banking, Bank Muscat
Dr. Walid Hegazy, Managing Partner, Hegazy & Partners, Cairo
– Introduction to Islamic Hedging and Market Requirements
– Key Features (legal, operational & Shariah) of the ISDA/IIFM Tahawwut Master Agreement
– Key Features of the ISDA/IIFM Islamic Foreign Exchange Forward Confirmations
– Purpose of the ISDA/IIFM Islamic Credit Support Deed for Cash Collateral (Variation Margin)
– Legal Opinions on Tahawwut Master Agreement
– Regulatory & Law Reforms in Islamic Jurisdictions
– ISDA Informal Oman Country Update
Chairperson:
Khurram Hilal, Managing Director-Head of Group Islamic Products, Standard Chartered Bank, Dubai
Presenters:
Habib Motani, Consultant, Clifford Chance LLP, London
Yusuf Battiwala, Partner, Dentons UK and Middle East LLP, London
Dr. Peter Werner, Senior Counsel, International Swaps & Derivatives Association (ISDA), London
Sadaf Buchanan, Partner, Dentons & Co, Oman Branch, Muscat
i. IIFM-BAFT Master Participation Agreements (MPA’s) for Trade Finance Transactions
– Framework Documentation Structure (Unfunded & Funded)
– Shariah, Legal and Operational Aspects of the Participation Arrangements
– Guidance Memorandum – Highlights
ii. Challenges in Structuring Innovative Islamic Trade Finance Products
Chairperson:
Hammad Hassan, Managing Director, Bank ABC Islamic and Group Head of Islamic Banking, Bank ABC, Bahrain
Presenters:
Ijlal Ahmed Alvi, Chief Executive, IIFM
Panelists:
Mohamed Omarah, General Counsel and Head of Governance for MEA, Crédit Agricole CIB, Dubai
Shamzani Hussain, General Manager, Meethaq Islamic Banking, Bank Muscat
1) IIFM Unrestricted Wakalah Standard
– Key Technical Aspects (legal, operational & Shariah) of the IIFM Inter-Bank Unrestricted Master Investment Wakalah Agreement and Operational Guidance Memorandum
– Accounting Assessment for IIFM Unrestricted Wakalah Standard
– Benefit to Regulators in providing Shariah compliant liquidity management solutions
2) Islamic Alternative to Repo – IIFM Rahn based Liquidity Management Standard
– Introduction to Collateralized Murabahah & Market Requirements
– Key Technical Aspects (legal, operational & Shariah) of the IIFM Master Collateralized Murabahah Agreement
– Use by Regulators to provide Liquidity Management and as a Lender of Last Resort
Chairperson:
Lilian Le Falher, Executive Manager, Head of Treasury and Capital Markets, Kuwait Finance House (Bahrain)
Presenters:
Habib Motani, Consultant, Clifford Chance LLP, London
Ismail Dadabhoy, Advisor, IIFM
Panelists:
Khalid Al-Kayed, Chief Executive Officer, Bank Nizwa, Muscat
Mian Muhammad Nazir, Chief Executive Officer, Dar Al Sharia Islamic Finance Consultancy, Dubai
– Regulatory Developments
– IBOR Replacement – Alternative Reference Rates
– Transition to Alternative Reference Rate and Implication for Islamic finance
Chairperson:
Mourad Mekhail, Board Advisor, Kuwait International Bank (TBC)
Presenters:
Habib Motani, Consultant, Clifford Chance LLP, London
Yusuf Battiwala, Partner, Dentons UK and Middle East LLP, London
Khurram Hilal, Managing Director-Head of Group Islamic Products, Standard Chartered Bank, Dubai
Panelists:
Dr. Peter Werner, Senior Counsel, International Swaps & Derivatives Association (ISDA), London
– Topics (TBA)
Chairperson:
Senior Representative, Capital Market Authority Sultanate of Oman (TBA)
Panelists:
Senior Representative, Islamic Corporation for the Insurance of Investment & Export Credit (ICIEC), Jeddah (TBC)
Senior Representative, SALAMA Islamic Arab Insurance Company, Dubai (TBA)
Dr. Mughees Shaukat, Head of Islamic Finance, College of Banking & Financial Studies, Muscat