Gathering industry players from the region, our IFN Egypt and Africa Forum 2014 will be held in Cairo, Egypt. In the best interests of our attendees, the IFN Africa Forum 2014 will run consecutively with the IFN Egypt Forum 2014. Boasting a flourishing Islamic finance market, Egypt is one market many are viewing as the potential next jewel in the crown. With an intention to develop its Islamic financial markets, Egypt as well as the rest of the African region offer vast untapped opportunities for the industry.
The forum will explore the potential for Islamic banking in the areas of retail banking, trade finance, microfinance and wholesale banking in the world’s most populous Muslim continent. As project finance and public private partnerships continue to flourish in the Middle East and Africa, with a substantial un-banked population, this market is ripe for the picking.
Egypt’s Role in Developing Africa as an Islamic Investment Destination
Significance of new regulations and regulators on Egypt’s Islamic finance industry
Considerations in creating a legislative framework and taxation regime aimed at advancing Islamic banking transactions
Prospects for corporate Sukuk issuances and other Shariah compliant transactions
Outlook for inward investments: Key sectors and asset classes
Opportunities for growth of Egypt’s Takaful sector
What does Egypt’s Islamic funds industry have to offer foreign and domestic investors: Current and future prospects
Tarek Mansour - Senior Partner, PwC Egypt
Ahmed Abou El-Saad - Chairman,Rasmala Egypt Asset Management Mohamed Hamra-Krouha - Partner, Clifford Chance Hazem Kamel - Managing Director & Head of Asset Managemet, Naeem Holding & Chairman , Naeem Financial Investments Sam Thanvi - Managing Director, Tokio Marine Egypt Family Takaful Walid Hassouna - Deputy General Manager & Head of Islamic Banking, Bank Audi
10:10 - 10:25
Case Study: State of Senegal US$ 204 million Sukuk Issuance Zakiyoulahi Sow - Sukuk Project Manager, Islamic Corporation for the Development of the Private Sector, IDB Group
10:25 - 10:55
Coffee & Networking
10:55 - 11:55
CEO Session: Growth and Opportunities for Islamic Finance in Africa
Prospects for key Islamic investment destinations across Africa
Outlook for the micro, small and medium enterprise (MSME) sector: Is Islamic finance achieving its goal of increasing financial access to MSMEs
What synergies exist between the various Islamic economies in Africa and what can be done to strengthen ties?
Outlook for syndicated finance, trade and infrastructure finance
What role will Islamic banks play to promote financial inclusion and reinforce food security in Africa
Future direction for Africa’s Shariah-compliant retail banking and Takaful industry
Financial inclusion: Role of market players and multilateral agencies in raising awareness of Islamic retail banking and Takaful
Prof Dr Shahinaz Rashad - Executive Director - Financial Services Institute (FSI), Egyptian Financial Supervisory Authority (EFSA)
Emad El Sahhar - General Manger and Head of Islamic Banking Sector, Banque Misr Mohamed Donia - Chief Executive Officer, IdealRatings, Inc Omar Gouda - Managing Director, Africa ReTakaful Uwaiz Jassat - Acting Head of Islamic Banking, ABSA Islamic Banking Zakiyoulahi Sow - Sukuk Project Manager, Islamic Corporation for the Development of the Private Sector, IDB Group
11:55 - 12:10
Presentation: Developing the African SME Market through Islamic Crowdfunding Adel Boseli - Co-Founder, Shekra
12:10 - 12:30
Case Study Presentation Hatem El Demerdash - Director, Corporate Finance & Investment Banking, ADIB Capital Dr Walid Hegazy - Managing Partner, Crowell & Moring
12:30 - 13:30
The African Investment Landscape: Attracting Inward Investment and Cross Border Collaboration Growing trade and investment relationships between African nations and key Islamic finance jurisdictions is a key element in developing the rate of cross border Islamic finance activity in Africa. This session will focus on current collaborative partnerships and transactions and what the future holds for inward Islamic investments into Africa. What will 2015 hold for Islamic investors and funds managers? Which asset classes and markets are foreign investors looking at and why?
How does Africa compare with other emerging regions and how can it effectively compete for international investment?
What tax, legal and regulatory reform is needed to spur foreign investment?
What can Commodity Murabahah and trade finance offer African SMEs?
Outlook for Shariah compliant real estate, equity funds and ETFs
Discussing investment strategies and product trends for 2015
Growth of the private banking and wealth management sector in Africa
Dr Walid Hegazy - Managing Partner, Crowell & Moring
Bishr Shiblaq - Head, Dubai Representative Office, Arendt & Medernach, Dubai Faizal Bhana - Senior Associate, Trowers & Hamlins Philippe O Piette - Chairman & Chief Executive Officer, WVB Global Financial Intelligence Tom Guest - Associate Director, Eiger Trading