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