REDmoney Events - IFN MOROCCO ROADSHOW

MOROCCO

Hyatt Regency Casablanca

19^th September 2013

Confirmed Speakers

Ahmed Tahiri Jouti - Member, Islamic Finance Project Team - Societe Generale
Alain Verbeken - Director, Cross-Border Tax, Deloitte Tax & Consulting Luxembourg
Anas Jaffal - Business Unit Manager, IFAAS

Boubkeur Ajdir - Director of France, North and West Africa Business, IFAAS Group
Farid Mohamed Masmoudi - Business Development and Partnership Director, Islamic Corporation for the Development of the Private Sector (ICD)
Houda Chafil - Managing Director, Maghreb Titrisation
Khalil Labniouri - Commercial Director & Member of the board, Dar Assafaa
Laurence Toxe - Partner, Norton Rose Fulbright, France
Mohammad Farrukh Raza - Managing Director, IFAAS
Mohammed Ghiyath Sheikhah - Head of Local & International Investments, Treasury & Investments, QIIB
Salima Bennani - Managing Director, Compensation Fund of Morocco
Said Amaghdir - Chairman, Moroccan Association for Participative Finance Professionals - Sharia Compliant (AMFP)
Stella Cox - Managing Director, DDCAP group

Youssef Baghdadi - Chairman of the Board, Dar Assafaa

Agenda

08:00 - 09:15

Registration and Refreshments

09:15 - 09:30

Chairperson's Address Introduction
Mohammad Farrukh Raza - Managing Director, IFAAS

09:30 - 10:15

Session One: Islamic Finance in Morocco: Laying the Groundwork for Long Term Growth

North Africa’s changing political landscape and its impact on the development of Islamic finance in Morocco
Establishing Casablanca as North Africa’s Islamic finance hub: Does Morocco have the political will to succeed
Significance of the new banking rules on establishing Morocco’s Islamic finance sector
Entry of foreign banks into Morocco’s Islamic finance sector — regulations, ease of entry, bank ownership rules
How will the introduction of participation banking alleviate the sluggish growth of the financial services industry
Pursuing investment flows from key trading partners: How can Morocco distinguish itself from its competitors

Panelists:

Boubkeur Ajdir - Director of France, North and West Africa Business, IFAAS Group
Mohammed Ghiyath Sheikhah - Head of Local & International Investments, Treasury & Investments, QIIB
Youssef Baghdadi - Chairman of the Board, Dar Assafaa

10:15 - 10:45

Presentation: Key Figures and Features of the Islamic Finance Market in Morocco
Boubkeur Ajdir - Director of France, North and West Africa Business, IFAAS Group

Download presentation

10:45 - 11:15

Break & Networking

11:15 - 12:00

Session Two: Developing a Regulatory Framework to Support the Sustainable Growth of Islamic Banking

Vital considerations in creating a legislative framework and taxation regime aimed at advancing Islamic banking transactions
Developing an enabling regulatory framework that will promote financial innovation
Ensuring a collaborative strategy to encourage the success of both Islamic windows and fully fledged participation banks
Can Islamic finance play a meaningful role in increasing banking penetration and intermediation?
What does the absence of a comprehensive regulatory framework mean for potential Sukuk issuers

Panelists:

Alain Verbeken - Director, Cross-Border Tax, Deloitte Tax & Consulting Luxembourg
Mohammad Farrukh Raza - Managing Director, IFAAS
Salima Bennani - Managing Director, Compensation Fund of Morocco

12:00 - 13:00

Lunch

13:00 - 13:45

Session Three: Crucial Steps to Advance Morocco’s Entrance into the Islamic Finance Market – Lessons Learnt from Matured Markets

Vital considerations in setting up a Shariah board
Emergence of foreign banks in the domestic Islamic finance space — what impact will this have on how the market develops
Encouraging cross-border collaboration and facilitating market players' knowledge transfer for further growth
Examining critical issues affecting Islamic finance and steps to overcome them: Governance and risk, ratings, standardization of documents, harmonization of laws

Panelists:

Anas Jaffal - Consultant, IFAAS
Stella Cox - Managing Director, DDCAP group

13:45 - 14:30

Session Four: Developing a Robust Domestic and Regional Islamic Capital Market

Increasing access to funding sources for Moroccan corporate and sovereigns through the development of a dynamic Islamic capital market
Outlook for sovereign and corporate Sukuk issuances in 2013: What’s in the pipeline for Morocco
The urgent need for a tax and regulatory framework and how issuers may sidestep regulatory impediments
Developing Shariah compliant instruments to alleviate Morocco’s liquidity shortage
How Islamic finance structures can facilitate funding infrastructure development in Morocco

Panelists:

Farid Mohamed Masmoudi - Business Development and Partnership Director, Islamic Corporation for the Development of the Private Sector (ICD)
Houda Chafil - Managing Director, Maghreb Titrisation
Laurence Toxe - Partner, Norton Rose Fulbright, France

14:30 - 15:15

Session Five: Assessing the Growth Potential for Shariah Compliant Retail and Commercial Banking and Takaful Products

Developing Islamic retail banking products to stimulate Morocco’s underdeveloped retail banking sector
Tapping the latent demand for Shariah compliant retail offerings: Discussing suitable structures and Shariah considerations
Market outlook for private investment funds and wealth management products
Identifying current trends and innovations in product structures globally and application in the Moroccan context
Outlook for commercial banking products and Shariah compliant trade finance
Initiatives and developments in Takaful and reTakaful - future growth prospects and challenges

Panelists:

Ahmed Tahiri Jouti - Member, Islamic Finance Project Team - Societe Generale
Khalil Labniouri - Commercial Director & Member of the board, Dar Assafaa
Said Amaghdir - Chairman, Moroccan Association for Participative Finance Professionals - Sharia Compliant (AMFP)

15:15 - 16:00

Networking