With Islamic finance gaining growing traction across Europe and ever more countries exploring its potential, the region has become one to watch. As investment pours in from Islamic investors across the Middle East, Asia and beyond, the industry is rapidly evolving to meet their demands, making this one of the most exciting stops on the IFN train. New countries continue to enter the fray while existing markets expand their scope, deepening and strengthening the Shariah compliant sector.
Home to IFN Europe for the last two years, Luxembourg lies at the heart of this European wave, and has continued to demonstrate its unwavering commitment to Islamic finance. With the full and fervent support of the regulators and the domestic Islamic finance industry, the event is going from strength to strength, becoming a truly global platform with unmatched international participation. We look forward to returning to Luxembourg once again for IFN Europe 2016.
09:15 - 09:30
Welcome Remarks and Introduction of Motion:
A Rebranding is the Catalyst for Creating Mass Appeal for Shariah Compliant Investments in Europe
09:30 - 09:45
Pierre Gramegna — Minister of Finance, Grand Duchy of Luxembourg
09:45 - 10:45
Europe 2016: A Review of Markets on the Rise
Key industry players representing developing Islamic finance markets provide an update on what significant progress has taken place in their respective jurisdictions and how these markets are being affected by geopolitics and economic conditions. What is the outlook for Sukuk issuances, establishment of Islamic banks and windows and alternative lending/investment platforms in these markets? Is the much discussed rebranding of Islamic finance a necessity for further industry growth?
10:45 - 11:15
Coffee & Networking
11:15 - 12:00
What’s Next for Shariah-Compliant Funds in Europe?
12:00 - 12:45
Capital Raising and Securitization: What is Driving Europe’s Lending Market?
A discussion on structures, regulations, recent innovation and risks
12:45 - 13:45
13:45 - 14:05
Presentation: Bringing Innovation and Technology to Islamic Finance
Rachid Ouaich — Founder and Managing Director, Eethiq Advisors, Luxembourg
14:05 - 14:50
Riding the Fintech Wave: Are Alternative Funding Platforms Continuing to Grow Sustainably?
14:50 - 15:50
The Debate: This House Believes: A Rebranding is the Catalyst for Creating Mass Appeal for Shariah Compliant Investments in Europe
With an increasingly tense geopolitical situation playing out in Europe many have voiced a need to consider replacing ‘Islamic finance’ with a more culturally acceptable term such as alternative finance or SRI. Is the ‘Islamic finance’ brand preventing Europe’s Shariah compliant funds industry from achieving its potential growth? Or are there other issues at play? Will the industry decide to take this controversial step and what will this mean for Islamic finance in Europe going forward?
15:50 - 16:00
16:00 - 16:30
Coffee & Networking
End of the Forum
11:00 - 13:30
THE IFN European Dialogue