NOTE-TO-EDITOR
Islamic Finance news will be in Pakistan on the 4th September 2012 for the annual Islamic Finance news Roadshow to explore the current developments in the Pakistani Islamic banking and finance market, tax and regulatory updates, as well as uncover the challenges and roadblocks hindering the growth of the republic’s Islamic finance sector.
Pakistan’s Islamic finance sector currently rests on the strength of various sectors, primarily its Islamic funds industry - with total assets under management standing at an estimated US$550 million, the steady performance of its equities market, a growing Takaful industry, as well as bright prospects for project and infrastructure financing, microfinancing and agriculture financing.
With a supportive government and Central Bank, Pakistan’s Islamic finance sector is expected to see more regulatory and tax accommodations for the proliferation of Islamic banking and capital market products. The new Takaful rules introduced by Pakistan’s financial services regulator, allowing for the opening of Takaful windows by conventional insurance firms is also expected to increase the market share of Takaful significantly within the next five years; while increasing interest from international banks is expected to boost foreign direct investments into the republic.
Supported by the State Bank of Pakistan, the Islamic Finance news Pakistan Roadshow 2012 will be held on Tuesday, 4th September and will feature prominent players from around the world to share their knowledge and expertise within the Pakistani market.
The IFN Pakistan 2012 Roadshow will bring to light topics such as: developments, challenges and opportunities in Islamic finance in Pakistan; Islamic capital markets and products - developments & structures, Islamic finance: penetration in the microfinance, SME and agriculture sectors; and crucial steps to take Pakistan’s Islamic finance to the next level. These issues will be discussed via panelist sessions, enabling attendees to gain a well-rounded perspective from a diverse range of speakers.
DATE: Tuesday 4th September 2012
TIME: 9am to 5pm (press & delegates to register between 8am & 9am)
VENUE: State Bank of Pakistan - Auditorium, Learning Resource Centre
The IFN Pakistan Roadshow will be attended by prominent industry players and global names such as:
Ahmed Ali Siddiqui - Executive Vice President & Head, Product Development & Shariah Compliance, Meezan Bank
Azeem I Pirani - Regional Manager, Pakistan, FWU AG
Bilal Rasul - Director - Enforcement, Securities & Exchange Commission of Pakistan
Habib Motani - Partner, Clifford Chance
Hasan A Bilgrami - CEO, BankIslami, Pakistan
Irfan Siddiqui - President & CEO, Meezan Bank
Dr Ishrat Hussain - Director, Institute of Business Administration (IBA) & Ex-Governor, State Bank of Pakistan
Ishaq Shah - Head of Corporate, Ahmad & Qazi, Advocates & Legal Consultants
M A Mannan - Executive Director, Silk Bank
Mohammed Asif Arif - Commissioner, Insurance Division, Securities & Exchange Commission of Pakistan
Mohtashim Aftab - CFO, Kot Addu Power Company (KAPCO)
Mufti Irshad Ahmad Aijaz - Shariah Adviser & Member of Shariah Supervisory Board, BankIslami, Pakistan
Mufti Najeeb Khan - Shariah Advisor, Habib Metropolitan Bank
Muhammad Ashraf Khan - Executive Director- Development Finance Group, State Bank of Pakistan
Muhammad Kashif Siddiqee - Joint Director - Insurance Division, Policy, Regulation & Development Department, Securities & Exchange Commission of Pakistan
Muhammad Shoaib Ibrahim - CEO & Managing Director, First Habib Modaraba
Dr Muhammad Qaseem - Country Head of Shariah, Dubai Islamic Bank, Pakistan
Mujeeb Beig - Senior Vice President and Head Product Development & Research - Islamic Banking Group MCB Bank
Nadeem Hussain - President & CEO, Tameer Microfinance Bank
Neil Miller - Global Head Islamic Finance, KPMG, UAE
Omar Mustafa Ansari - Partner-Islamic Financial Services, Ernst & Young Ford Rhodes Sidat Hyder
Saleem Ullah - Director, Islamic Banking Department, State Bank of Pakistan
Salman Younis - Former CEO, Kuwait Finance House, Malaysia
Shafqaat Ahmed - CEO, Al Baraka Bank, Pakistan
Sirajuddin Aziz - President & CEO, HabibMetro Bank
Syed Amir Ali - Head of Investment Banking, Meezan Bank
Yaseen Anwar - Governor, State Bank of Pakistan
Dr Zeeshan Ahmed - Associate Professor, Karachi School of Business & Leadership
Zulfikar Ali Khokhar - Additional Director, Islamic Banking Department, State Bank of Pakistan
Delegates can interact via regular question and answer sessions as well as networking sessions.
REDmoney Group is the holding company behind Islamic Finance news, Islamic Finance training and Islamic Finance events - all leading products in their own right. In 2006, Islamic Finance events created and organized the IFN Asia Forum, which has become the world’s largest Islamic finance event.
Organized by the REDmoney Group, the IFN Roadshow is visiting 8 cities across Asia, the Middle East and Europe. Following this event the roadshow will travel to Sri Lanka (6th September) and Bangladesh (20th November).
