IIFM-Labuan FSA Seminar on Risk Management and Value Creation via Sustainability, Tokenization & Hedging

Venue: Mandarin Oriental Hotel, Kuala Lumpur, Malaysia

In conjunction with the Global Forum for Islamic Economics and Finance (GFIEF)

Note: Event timing in the program are in Malaysia Time (GMT +8)

All seats are on "first come first served basis".

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INAUGURAL SESSION

08:30 - 09:00

Registration and Morning Coffee

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09:00 - 09:05

Recitation of The Noble Quran by Ust. Jadul Haqq bun Ahmad Rufai

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09:05 - 09:15

Welcome Remarks

Ijlal Ahmed Alvi, Chief Executive Officer, IIFM

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09:15 - 09:30

Opening Address

Nik Mohamed Din Bin Nik Musa, Director General, Labuan Financial Services Authority (Labuan FSA) and Vice Chairman, IIFM

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SESSION ONE

09:30 - 11:00

Environmental, Social and Governance (ESG) Considerations and Potential Role of Carbon Credits

- Sustainable Finance Frameworks – Challenges and Opportunities
- Role of Carbon Credit in achieving ESG goals 
   + Market insights
   + Carbon Credit documentation
   + Bursa Carbon Exchange initiative

Moderator:
- Mustafa Adil, Head of Islamic Finance, London Stock Exchange Group Data and Analytics, Bahrain

Speakers:
1) Datuk Prof. Dr. Mohamad Akram Laldin, Shari'ah Advisor, Kuala Lumpur

2) Prof. Dato’ Dr. H’ng Paik San, Professor, Faculty of Forestry and Environment, Universiti Putra Malaysia

3) Khurram Hilal, Chief Executive Officer, Group Islamic Banking, Standard Chartered Saadiq, Dubai

4) Dr. Rifki Ismal, Director, Islamic Economics and Finance Department, Bank Indonesia

5) Evan Lam, Partner, Financial Regulation and Structured Finance & Derivatives, Linklaters LLP, Singapore

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11:00 - 11:15

BREAK

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SESSION TWO

11:15 - 12:15

Unlocking the Potential of Asset Tokenization in Islamic Finance

- Examining the feasibility and implications of tokenizing assets in a Shari’ah-compliant way
- Tokenization of Sukuk - exploring the potentials and challenges
- Regulatory considerations 
- Role of Blockchain in facilitating the tokenization of Islamic assets
- Market implications of tokenization on Islamic finance

Moderator/Presenter:
- Ja'afar Rihan, Head of Islamic Business Development, Labuan FSA

Speakers:
1) Mohammad Raafi Hossain, Chief Executive Officer, Fasset Exchange

2) Dr. CK Lee, Chief Executive Officer, GreenX Digital Assets Exchange

3) Mohd Bahroddin Badri, Professor, Faculty of Forestry and Environment, International Shari’ah Research Academy (ISRA) Consulting, Kuala Lumpur

4) Henry Chong, Chief Executive Officer, Fusang Exchange

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SESSION THREE

12:15 - 13:15

Briefing on IIFM Hedging Standards and Implementation by the Industry

- Tahawwut Master Agreement, Hedging Confirmations and Credit Support Deed - Key Considerations
- Potential for standardizing new Shari’ah-compliant hedging tools
- Impact of hedging standards in the development of Islamic risk mitigation segment
    + Cross-border market
    + Domestic market
- Digitization of hedging documentation
- Law reforms and contracts enforceability 

Moderator:
- Hammad Hassan, Managing Director and Chief Executive Officer, Bank ABC Islamic, Bahrain

Speakers:
1) Ijlal Ahmed Alvi, Chief Executive Officer, IIFM

2) Mohd Ekmal Bin Mohd Zazi, Regional Head, Islamic Banking - Wholesale Banking, CIMB Islamic Bank Berhad, Kuala Lumpur

3) Elias Moubarak, Partner, International Banking and Finance, Trowers & Hamlins LLP, Kuala Lumpur

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REFRESHMENTS & CLOSE OF SEMINAR

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The program is subject to change