IIFM Workshop On Its Published Standards: Islamic Hedging And Unrestricted Wakalah – A Practical Application

Past Event

  • Monday, 5th December 2016
  • 11:00 AM - 02:00 PM
  • Thuraya Ballroom, Art Rotana Hotel, Amwaj Island, Bahrain
  • Registration are closed for this event.

Program Details

12:00 PM - 1:15 PM
ISLAMIC HEDGING FRAMEWORK

- Background and Overall Developments in Islamic Hedging Segment
- ISDA/IIFM Tahawwut Master Agreement – Unique Clauses and Designated Future Transactions (DFT) Examples
- Islamic Credit Support Deed and New Variation Margin Regulation
- Risk Mitigation of Foreign Exchange and Rate of Return Exposures (ISDA/IIFM Product Standards)
- Law Reforms in Islamic Jurisdictions and Netting Law Developments in GCC

Moderator:

Dr. Salah Almajthoob, Managing Director, Jeyad Advisory, Bahrain

Speakers:

Mr. Ijlal Ahmed Alvi, Chief Executive Officer, IIFM, Bahrain

Dr. Peter Werner, Senior Counsel, International Swaps and Derivatives Association (ISDA), London

Mr. Habib Motani, Partner, Clifford Chance LLP, London

Mrs. Nadjima Hannoucene, Head of Islamic Finance, Natixis, Dubai


1:15 PM - 2:00 PM
IIFM STANDARD INTER-BANK UNRESTRICTED MASTER INVESTMENT WAKALAH AGREEMENT

- Unrestricted Wakalah and its Use in the Islamic Inter-Bank Market
- Standard Master Unrestricted Wakalah Documentation & Operational Guidelines
- Accounting Assessment for IIFM Unrestricted Wakalah Master Agreement
- Legal Aspects
- Providing Level Playing Field to Islamic Financial Institutions by Regulators – Example of Central Bank of Bahrain

Speakers:

Mr. Ijlal Ahmed Alvi, Chief Executive Officer, IIFM, Bahrain

Mr. Moinuddin Malim, Managing Partner, Alternative International Management Services (AIMS), Dubai

Mr. Shakeel Adli, Partner, Head of Islamic Finance, CMS Cameron McKenna LLP, Dubai


2:00 PM - 3:00 PM
CONFERENCE LUNCHEON AND END OF WORKSHOP