Date: 19th October 2016
Venue: DoubleTree Hotel, Kuala Lumpur
Date: 19th October 2016
Venue: DoubleTree Hotel, Kuala Lumpur
Agenda
09:15 - 10:30 |
Session One: Introduction to Waqf: Administration, Governance and Structuring Issues
- Definition of Waqf and Waqf-based products
- Classification of Waqf properties
- Rules necessary for the validity of Waqf
- Stipulations for the creation of Waqf
- Broad administration and governance issues of Waqf
- Socio economic role of Waqf
Panelist: |
Assoc. Prof. Dr. Magda Ismail Abdel Mohsin — Lecturer & Researcher, International Centre for Education in Islamic Finance (INCEIF) |
|
10:30 - 11:00 |
Coffee & Networking |
11:00 - 12:00 |
Session Two: Examining Movable Waqf, Cash Waqf and Corporate Waqf - New Innovations
- Legitimacy, creation and investment of cash Waqf
- Direct & indirect cash Waqf models
- Waqf mutual fund and Takaful model
- Definition, legitimacy and governance of corporate Waqf
- Structure of corporate Waqf
- Founders of corporate Waqf and recent creation of corporate Waqf structures
- Brief examples of each structure
Panelist: |
Assoc. Prof. Dr. Magda Ismail Abdel Mohsin — Lecturer & Researcher, International Centre for Education in Islamic Finance (INCEIF) |
|
12:00 - 12:45 |
Session Three: Key Shariah Coordination and Compliance Issues for Zakat and Waqf-Based Products
- Identifying key Shariah issues of Waqf and endowment based finance initiatives
- Discussing the structure of Waqf-based financial products and where Shariah issues can arise in the development of such instruments
- nsuring Shariah compliance in Waqf-based financial products
Panelist: |
Aida Othman — Partner, Zaid Ibrahim & Co |
|
12:45 - 14:00 |
Luncheon |
14:00 - 15:00 |
Session Four: Assessing the Potential of Crowdfunding for Growth Waqf
- Introducing the concept of Islamic crowdfunding
- Exploring the concept of growth Waqf
- Demonstrating WaqfWorld.org
- Examining case studies of growth Waqf
Panelist: |
Umar Munshi — Managing Partner, EthisCrowd.com, Founder, EthisVentures.com & Chairman, Islamic Fintech Alliance |
|
15:00 - 16:00 |
Developing Innovative Zakat Structures for Islamic Finance and Islamic Financial Institutions
- Identifying the main objectives of Zakat and classifying types and sources of wealth open to Zakat
- Understanding key Shariah issues for Zakat
- Discussing administration and operational issues for Zakat
- Examining future roles and opportunities offered by Zakat for Islamic finance and Islamic financial institutions
Panelist: |
Assoc. Prof. Dr. Magda Ismail Abdel Mohsin — Lecturer & Researcher, International Centre for Education in Islamic Finance (INCEIF) |
|
16:00 |
Seminar Conclusion |