IIFM-ISDA Consultative Meeting on Islamic Hedging

9:00 AM - 9:30 AM

Registration

9:30 AM - 9:30 AM

Start of Consultation:

The objective of the meeting is to obtain guidance from industry stakeholders on the need for developing additional Islamic hedging product confirmations, use of smart contracts and review of existing Islamic hedging standards and GCC Netting legislation based on the following presentations:

9:30 AM - 9:50 AM

Currency & Equity Options

Yusuf Battiwala, Partner, Dentons UK and Middle East LLP, London

9:50 AM - 10:10 AM

Smart Contracts for Hedging

Caroline Dawson, Partner, Clifford Chance LLP, London

10:10 AM - 10:30 AM

Review of ISDA-IIFM Tahawwut Master Agreement and ISDA-IIFM Credit Support Deed vs ISDA Credit Support Annex

Habib Motani, Consultant, Clifford Chance LLP, London

10:30 AM - 11:00 AM

Discussion

12:00 AM - 11:30 AM

Refreshment Break

11:30 AM - 12:00 PM

Review of GCC Netting Legislation

Dr. Peter Werner, Senior Counsel, ISDA, London

12:00 PM - 1:00 PM

Review of IPRS and ICRCS Documentation and Other Matters

Discussion led by Ijlal Ahmed Alvi, Chief Executive, IIFM, Bahrain

1:00 PM

End of Consultation