Ali Allawala — Head, Islamic Retail Banking, Standard Chartered Bank, the UAE
Amina Bashir — Head of Legal and Company Secretary, Gulf African Bank
Imran Mufti — Partner, Hogan Lovells, the UAE
Mona K. Doshi — Partner, Anjarwalla & Khanna Advocates
Mohamed Ebrahim - Director and CEO, Ace Financial Advisory
Mohammad Farrukh Raza - Founder & Managing Director, IFAAS, the UK
Muneer Khan — Partner, Simmons & Simmons, the UAE
Onyango Obiero — Head of SME and Business Banking, DIB Bank Kenya
Saad Rahman — Group Managing Partner, Amani Partners, Tanzania
Website: www.icd-ps.org
The Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral development financial institution and is part of the Islamic Development Bank (IDB) Group.
The ICD was established in November 1999 to support the economic development of its member countries through the provision of finance for private sector projects, promoting competition and entrepreneurship, providing advisory services to governments and private companies and encouraging cross-border investments.
The ICD has an authorized capital of US$4 billion. Currently, the shareholders of the ICD are the IDB (50%), 53 Islamic countries (30%) and five public financial institutions (20%).
ICD mandate and objectives
The ICD fosters sustainable economic growth in its 53 member countries by:
The ICD selects the financing projects based on their contribution to economic development considering factors such as job creation, Islamic finance development, contribution to exports, etc. The ICD also provides advisory services to governments and private sector groups on policies designed to encourage the establishment, expansion and modernization of private enterprises, the development of capital markets, best management practices and to enhance the role of the market economy. The ICD operates to complement the activities of the IDB in member countries.
The ICD is rated ‘AA/FQ’ by Fitch Ratings, ‘Aa3/P-1’ by Moody’s Investors Service and ‘A+’ by Standard & Poor’s.
FOR MORE INFORMATION
Tel: (966-12) 6361400; (966-12) 6441644
Fax: (966-12) 644 4427
Email: icd@isdb.org
Website: www.icd-ps.org
Website: www.ifaas.com
Islamic Finance Advisory and Assurance Services (IFAAS) – www.ifaas.com
IFAAS is an international advisory firm specializing in Islamic finance. IFAAS has provided professional consultancy services to over 20 governments, several multilateral organizations and many banks, insurance companies, microfinance institutions, asset managers, corporates and NGOs. IFAAS has helped to build the infrastructure and ecosystem for Islamic finance across many countries including Indonesia, Kenya, Senegal, Morocco, Oman, France and the UK among others, by providing regulatory and strategic advice, capacity-building and awareness. Being a regular supplier of services to many of the world’s leading institutions and a key player in the international Islamic financial industry, IFAAS has also launched over 150 Islamic finance products for its institutional clients spread across five continents. The company operates from its offices in the UK, France, Bahrain, Pakistan and Morocco, providing services dedicated to Islamic finance in English, French, Arabic and Urdu, among others.
Website: www.ta-holding.com
TAMWEEL AFRICA Holding Company (TAH) is a limited company with its head office located in Dakar. It was created in 2009 by the Islamic Corporation for the Development of the Private Sector. TAH has a portfolio of four banks in Guinea, Mauritania, Niger and Senegal.
The mission is to promote Islamic finance in sub-Saharan Africa by building modern, dynamic and strong Shariah compliant banks as a key contributor to socioeconomic development in the countries in which it operates.
Tamweel Africa Holding’s core values are:
Website: www.big-bank.com
Banque Islamique de Guinée (BIG) is the first private bank in Guinea. It was incorporated in 1983 by Dar Al-Maal Islami (DMI). Upon the exit of founder shareholder DMI, Tamweel Africa Holding, a wholly-owned subsidiary of the Islamic Corporation for the Development of the Private Sector, stepped in to replace DMI.
MISSION
Our mission is to offer corporates, traders and other individuals modern and competitive banking services in total conformity with the prescriptions of the Islamic law.
DEVELOPMENT STRATEGY
Our development strategy will focus on two segments of the banking market, retail and corporate, to accompany our customers in their development and projects.
PRODUCTS AND SERVICES
BIG offers a broad range of banking services. The main activities are credit allocation, offering payment methods, trade finance transactions, funding real estate property projects and international banking facilities.
Website: www.bim-bank.mr
Banque Islamique de Mauritanie (BIM) was created in 2011 by Tamweel Africa Holding, a wholly-owned subsidiary of the Islamic Corporation for the Development of the Private Sector.
OBJECTIVES
To become the bank of first choice for our customers by offering a range of products and services that meets their needs.
MISSION
DEVELOPMENT STRATEGY
Our development strategy is focused on two segments of the banking market: (1) corporate and SMEs and (2) retail.
PRODUCTS AND SERVICES
BIM offers a range of Shariah compliant banking products and services like Murabahah, Ijarah, Mudarabah and also payment means, international transfers, letters of credit, letters of guarantees and advisory.
Website: www.bin-bank.ne
The Islamic Bank of Niger (BIN) is a limited company which was created in 1983. BIN replaced Massraf Faycal Al Islami Niger in 1990 and is an affiliate of the Islamic Development Bank (IDB) and Tamweel Africa Holding, a holding company wholly owned by the Islamic Corporation for the Development of the Private Sector of the IDB Group.
MISSION
Our mission is to contribute to the economic and social development of Niger through a range of financial products and services – modern, competitive banking services that are in total conformity with Islamic principles.
DEVELOPMENT STRATEGY
Our development strategy will focus on two segments of the banking market, retail and corporate, to accompany our customers in their development and projects.
PRODUCTS AND SERVICES
BIN offers a broad range of banking services. The main activities are credit allocation, offering payment methods, trade finance transactions, funding real estate property projects and international banking facilities.
Website: www.bis-bank.com
The Islamic Bank of Senegal (BIS) is a banking institution created in March, 1982. It started its activities in September 1982 under the name of Massraf Faycçal Aal Islam (MFI). Following a restructuring intervened in February 1996,; it became the Islamic Bank of Senegal (BIS).
MISSION
Our mission is to contribute to the economic and social development of Senegal through a range of financial products and services –, modern and competitive banking services that are in total conformity with the prescriptions of the Islamic law.
DEVELOPMENT STRATEGY
Our development strategy will focus on two segments of the banking market, "Rretails" and "Ccorporates", to accompany our customers in their development and their projects.
PRODUCTS AND SERVICES
BIS offers a broad range of banking services. The main activities are credit allocation, offering payment methods, trade finance transactions, funding real estate property projects and international banking facilities.
Website: www.itfc-idb.org
The International Islamic Trade Finance Corporation (ITFC) is a member of the IDB Group. It was established with the purpose of advancing trade among OIC member countries, which would ultimately contribute to the overarching goal of improving the socioeconomic conditions of the people across the world. The ITFC commenced operations in January 2008 and has since consolidated all trade finance businesses that used to be handled by various windows within the IDB Group. Earning an ‘A1’ rating from Moody’s Investors Service reflects the ITFC’s efficiency in service delivery by responding swiftly to customer needs in a market-driven business environment.
Since 2008, the ITFC has provided more than US$40.2 billion of trade financing to OIC member countries, making it the leading provider of trade solutions for the needs of OIC member countries. With a mission of being a catalyst for trade development among OIC member countries and beyond, the ITFC helps entities in member countries gain better access to trade finance and provides them with the necessary trade-related capacity-building tools, which would enable them to successfully compete in the global market.
Contact us at:
Twitter: @ITFCCORP
Facebook: @ITFCCORP
Linkedin: International Islamic Trade Finance Corporation (ITFC)
Tel: +966 12 646 8337
Fax: +966 12 637 1064
E-mail: ITFC@itfc-idb.org
Website: http://www.itfc-idb.org/en
Website: www.idbgbf.org
The IDB Group Business Forum – THIQAH – is the main window which acts as enabler and play facilitation and catalyst roles to connect private sector institutions in IDB Group member countries. The main objective of THIQAH is to establish a unique and innovative platform for dialogue, cooperation and inclusive partnership for business leaders committed to partnering in promising investment opportunities. THIQAH’s vision is to position itself as the leading business platform of the IDB Group serving the private sector in member countries and maximizing the achievements of successful investment projects. The primary focus is on maximizing cross-border investments among IDB Group member countries, with the support of IDB Group’s financial products and services (www.idbgbf.org).
Website: www.rfi-foundation.org
The RFI Foundation - the industry body for the responsible finance sector
The RFI Foundation has been established with the aim of bringing together various forms of responsible finance practices, encouraging consensus as the basis for convergence between standards, practices and regulations. To do so in an effective manner, financial services must find and share a guiding principle for financial services which is most beneficial when the best ideas are incorporated from various forms of responsible finance, including Islamic finance.
After the financial crisis, it was apparent that the link between risk and reward had been broken and needed to be rebuilt with ethics and morals at its heart. The financial crisis illustrated in stark fashion that ethics and business are not adversaries and that ultimately they need each other.
It is within this context that responsible finance practices can play a powerful role in shaping the future of the global economy. There are various definitions and practices encapsulating the responsible finance sector. These include sustainable, responsible and impact investing (SRI), environmental, social and governance and Islamic finance, which is a form of financial intermediation in which funds are raised and applied using asset-based methods or partnerships in accordance with Islamic law instead of lending and borrowing.
The guiding principle that is shared among all forms of responsible finance is an appreciation that financial services can be a force, and indeed are necessary for sustainable development.
A major opportunity for the RFI is to expand responsible finance by incorporating the positive screening strengths of the SRI industry with the governance and regulatory advances of Islamic finance, and thereby engage asset owners and institutional investors who drive financial services development in a more coherent and unified approach.
Website: www.hoganlovells.com/
Hogan Lovells is a top 10 global firm with over 2,500 lawyers in over 50 offices across the globe. Our reach extends to Africa, the Middle East, the US, Latin America, Europe and Asia and our clients benefit from unique, high-quality international capability with extensive reach into the world's commercial and financial centers.
We are committed to building business in Africa and have more than 30 years of experience on the continent. We advise inbound, outbound and pan-African clients on their strategic goals. We understand the complexities of Islamic finance, having advised on some of the most innovative and high-profile transactions in the marketplace, DCM and FINTEC. We regularly advise on large infrastructure and energy projects, public-private partnerships and project financings. And we are committed to making a positive impact on local communities by investing in social enterprise and in-country capacity-building.
Clients appreciate our global team’s innovative and award-winning approach.
Website: www.whitecase.com/
White & Case is a truly global law firm, uniquely positioned to help our clients achieve their ambitions in today's G20 world. As a pioneering international law firm, our cross-border experience and diverse team of local, US and English-qualified lawyers consistently deliver results for our clients. In both established and emerging markets, our lawyers are integral, long-standing members of the community, giving our clients insights into the local business environment alongside our experience in multiple jurisdictions. We work with some of the world's most respected and well-established banks and businesses, as well as start-up visionaries, governments and state-owned entities.
Website: https://www.spglobal.com
S&P Global Ratings is the world’s leading provider of independent credit ratings. Our ratings are essential to driving growth, providing transparency and helping educate market participants so they can make decisions with confidence. We have more than one million credit ratings outstanding on government, corporate, financial sector and structured finance entities and securities. We offer an independent view of the market built on a unique combination of broad perspective and local insight. We provide our opinions and research about relative credit risk; market participants gain independent information to help support the growth of transparent, liquid debt markets worldwide.
S&P Global Ratings is a division of S&P Global, which provides essential intelligence for individuals, companies and governments to make decisions with confidence.
Website: www.islamicfinancenews.com
Islamic Finance news is the industry's leading, capital markets focused, e-newsletter bringing you unrivalled editorial coverage every week on the global Islamic financial market.
This weekly newsletter provides insightful and intelligent editorial coverage from around the world helping you keep ahead. In addition to a comprehensive weekly review of all the stories from around the globe, interviews, forums, market statistics and data, key industry practitioners contribute via non-biased, educational and up-to-date country and sector reports, giving you a firsthand knowledge and understanding of the Islamic finance markets and instruments from an experts' point of view.
For a trial subscription, please contact +603 2162 7800 or email subs@IslamicFinancenews.com
Website: https://www.ifnfintech.com/
Fintech is one of the most exciting new sectors of the global financial industry, breaking boundaries and challenging preconceptions in one of the shake-ups of the century. A new class of financial players is disrupting the status quo – and financial institutions must embrace this change or face being left behind as the financial landscape transforms beyond recognition.
But although fintech as a whole has been well-served by the media, the Islamic segment has so far made limited penetration on public consciousness – despite the enormous potential it represents for the industry. There is a clear chasm between the multitude of pioneering entrepreneurs, start-ups and fintech firms making waves in the Islamic space; and the interested investors, institutions and stakeholders keen to explore these opportunities.
Recognizing this information gap, IFN is delighted to introduce to you a bespoke multi-channel platform – IFN FinTech.
Comprised of four tranches, IFN FinTech is a one-stop-shop for industry knowledge, networking and communication – supported by our unrivaled global network, our strong social media platform and our trusted multimedia Islamic finance offering.
Website: www.ifncorporate.com/
IFN CORPORATE: Your door to new opportunities
Leveraging the market-leading expertise of Islamic Finance news and the unrivalled global network of REDmoney Group, IFN CORPORATE is a brand-new monthly publication aiming to revolutionize the commercial application of Islamic financial services through education, information and communication.
Designed specifically for the global corporate market, IFN CORPORATE is a simple, sensible and straight-talking summary of Islamic financial instruments, concepts, structures, products and trends that offers an easy-to-understand avenue into the compelling opportunities of Shariah compliant alternatives. Clear, concise and comprehensive, it offers invaluable insight into the Islamic industry and creates an essential platform through which the corporate world and compliant market can communicate.
Website: https://www.ifnsaudiarabia.com/
IFN Saudi Arabia: A New Monthly e-Newsletter on Saudi Arabia’s Islamic Financial Industry
Due to the high demand for knowledge on the Saudi Arabian financial market, IFN is pleased to announce the launch of IFN Saudi Arabia: a complimentary digital newsletter, published monthly and distributed free of charge to those with an interest in Saudi Arabia.
IFN Saudi Arabia will cover all areas of the Islamic finance industry, providing a wealth of unique and exclusive insight that any business interested in Saudi Arabia needs to read. IFN Saudi Arabia will act as a media tool to assist businesses outside the Kingdom build their presence within a closed market and develop the Saudi Arabian Islamic financial market.
IFN Saudi Arabia is free to registered subscribers and will be available in both English and Arabic.
Website: www.alhudacibe.com
AlHuda Center of Islamic Banking and Islamic Economics (CIBE) is a recognized name in Islamic banking and finance Market for trainings, research and advisory over the last six years. The prime goal has always been to remain stick to the commitments and provide state-of-the-art Advisory Consultancy and Education through various well recognized modes viz. Campus programs, Distance learning programs, Trainings Workshops, Awareness Programs and Islamic Microfinance Products Development all side by side through our distinguished and generally acceptable and known Publications in Islamic Banking and Finance.
We are dedicated to serve the community as a unique institution providing trainings, education and consultancy in the field of Islamic Banking & Finance not only in Pakistan but all over the world. We have so far organized more than 300 trainings, 32 successful campus programs and training courses with numerous national and international students.
Website: amanahiife.com
Amanah Institute of Islamic Finance and Economics (Amanah IIFE) is an international organization based in the heart of Europe, with headquarter in Germany and office in Pakistan. Amanah IIFE is committed to fulfil the needs and requirements of the Islamic banking & finance, Islamic microfinance, ethical banking & finance and takaful (Islamic insurance) industries. Amanah IIFE provides a diverse range of unrivalled services to financial institutions, businesses, educational institutions, entrepreneurs and individuals. Our services include advisory and consultancy, market research and development, education and capacity building, strategy design and implementation, publications, conferences and events. For further information, please visit: www.amanahiife.com.
Website: businessislamica.com/
Launched in November 2006, Business Islamica is the first monthly magazine of its kind in the UAE, specifically covering all aspects of Islamic business and finance, both regionally and internationally.
The magazine’s objective is to spearhead awareness initiatives, heighten knowledge of its core principles and practices, as well as to feature the latest developments in this industry.
Our editorial covers interviews with key industry leaders, case studies, and includes features on a wide range of topics such as; Islamic Banking, Wealth Management, Takaful (Islamic Insurance), Islamic Retail Finance, Marketing and Branding of Shari’ah-Compliant products, Regulatory Issues, Islamic Business Challenges and Risk Management.
Website: www.capitalbusiness.me
Website: www.chinagoabroad.com/en
ChinaGoAbroad (CGA) is a membership-based website and matchmaking service for cross-border investment activities relating to China. It was co-founded by the China Overseas Development Association, which reports to the National Development & Reform Commission (NDRC). CGA has an online information platform featuring a deal database, and an offline consultancy service with a portfolio of private investment opportunities. CGA offers information and advisory services to corporations, government agencies and high-net worth individuals. We encourage our members to interact, exchange expertise and share their experiences.
Website: www.executive-women.com
Executive Women magazine is a memoir portraying inspiring and flourishing women entrepreneurs who are changing the face of business and giving an added value to their social life, as well as daring to pursue their educational dreams and reach new career horizons. Moreover, Executive Women offers managerial ‘coaching’ articles, inspirational experiences, leadership drill, as well as a palette of culture and luxury.
Website: global-businessmagazine.com
Global Business Magazine & News (GBMN) is committed to delivering the most relevant news, opinion, reviews, interviews, analysis and success stories. GBMN is also a rewarding marketing tool for broad range of business sectors including Finance, Business, Banking, Islamic Finance, Technology, Global Halal Industry, Trade & Commerce and Financial Markets.
Website: www.isfin.net/
Created in 2011, ISFIN (Emerging markets advisors) became in less than 6 years, the world’s leading emerging markets advisory (included Islamic Finance and Halal industry). ISFIN offers a wide range of services to companies wishing to enter these emerging markets, and deal with specific products for Muslims consumers and companies worldwide.
We collaborate closely with other firms /consultants specialized in a specific field. We also propose legal and tax advices (throughout our partners in 75 countries) and marketing packages to companies willing to develop Halal/Islamic finance products on their existing and new markets. Working collaboratively and internationally with the best consultants and financial institutions is our strength!
Each member of our team is specialized in a field:
Website: nairobilawmonthly.com
Nairobi Business Monthly is an insightful and authoritative monthly magazine focusing on Kenya and
regional economics, policy, business news and opinion. It was founded on May 1, 2012 and is published
by The Nairobi Business Monthly Limited.
Our content is rich on financial markets analysis, stock market, company & industry, technology,
management, enterprise, personal finance. We also go beyond business and tackle societal issues in our
Society and Culture segment in which we focus on life, travel, restaurant review, film and theatre, music,
book review and sports.
The magazine tackles a wide range of topics, which include business, arts, tourism, environment,
education, health, science and technology and leisure. Distribution is not only countrywide but covers
the greater East Africa region. The magazine is available in all supermarkets, leading bookshops, malls,
newsagents & street vendors.
We target a rich niche market of Executives, Professionals, Entrepreneurs, Policy Makers and general
avid readers. The tremendous growth of long-term subscriptions indicates our readers’ loyalty. Our
advertisers include banks, State corporations, mobile telephone firms, Hospitality industry, insurance
companies, retail chains, Automobile industry, Manufacturing industries, energy companies and learning
institutions.
Nairobi Business Monthly offers a whole world of creative advertising options: from standard adverts, to
advertorials, gatefolds, stitched-in inserts, as well as sponsorships. The publication also appeals to an
audience who are amenable to information on products and services that add value to their lives,
thereby qualifying as “spot-on” target consumers.
Website: https://royaltrendia.com/
Website: www.thebusinessyear.com/
The Business Year (TBY) is a global media group specializing in economic news, research on national economies, and business intelligence across emerging markets. With operations in over 35 countries, we bring first-hand insights to investors, businesses, and governments worldwide.
Website: www.truebanking.com.pk/
True Banking is a Bi-Monthly magazine on Islamic Banking & Financial Services sector with specific target on research development, market analysis, Training & advancement in this sector with focusing of development of Islamic Banking, Takaful & Investment. The prime aim of True Banking to create harmony, awareness & innovation in this sector. It is another addition to AlHuda CIBE achievement in the direction towards promotion and development in Banking Sector.
Website: voicesofleaders.com
Voices of Leaders (VL) is a global business network for top executives and companies to Meet, Share and Grow locally, regionally and internationally.
The data-driven business profiles allow you to Meet top executives across a wide variety of industries, sectors and countries. Share your business needs among members looking for specific business opportunities and Grow your business network at a local and international level, while increasing the possibility of creating synergies, and finding partners and investors.
VL is committed to giving leaders from around the world a voice and in response to the demands of the digital age, VL produces interactive ebooks on the countries visited and the networking events it covers.
