- How have global geopolitics and tariff wars shaped the strategies for Islamic banks’ business over the past year?
- How are Islamic banks performing against their conventional counterparts?
- How have recent global interest rate trends and inflationary pressures impacted the profitability and asset quality of Islamic banks in APAC?
- Are Islamic banks in APAC faring any differently from their counterparts in MENA?
- What new solutions could Islamic banks offer for the global market? What could be the challenges?
Moody's Islamic Banking Roundtable Kuala Lumpur 2025
24th September 2025
Mandarin Oriental Kuala Lumpur
About The Event
Moody’s Investors Service will again host a series of roundtable discussions, convening senior members from across the Islamic finance landscape to engage in high-level discussions in closed-door, private events.
The 2025 Asia Roundtable will again coincide with the IFN Asia and IFN Investor Asis Forums.
The Roundtable will adopt Chatham House Rules, offering an independent and impartial platform for the identification and resolution of specific issues, challenges and opportunities facing the industry. This will be conducted through a high-level discussion designed to determine the potential development of a particular country, sector or asset class.
Event Agenda
Event Speakers

Abdulla Al Hammadi
Assistant Vice President – Analyst, Financial Institutions Group
Abdullah Haron
Deputy Secretary-General, Islamic Financial Services Board
Ahmad Shahriman Mohd Shariff
CEO, CIMB Islamic
Banjaran Surya
Chief Economist, Bank Syariah Mandiri
Bilal Parvaiz
CEO, Standard Chartered Saadiq
Chong Jun (CJ) Wong
Assistant Vice President – Analyst, Financial Institutions Group
Christian de Guzman
Senior Vice President, Moody's Financial Services
Dafinah Ahmed Hilmi
CEO, Hong Leong Islamic Bank
Elias Moubarak
Partner, Trowers & Hamlins
Hasif Ahmad Murad
Head of Global Sukuk and Portfolio Manager EMFI, BNP Paribas Asset Management
Mohamad Safri Shahul Hamid
CEO, International Islamic Liquidity Management
Mohd Zahari Zakaria
Senior Global Fixed Income Portfolio Manager, RHB Islamic International Asset Management (RHBIIAM)
Nitish Bhojnagarwala
Vice President-Senior Credit Officer, Financial Institutions Group
Nurul Izza Idris
Director Islamic Finance Department, Bank Negara Malaysia
Rafiza Ghazali
CEO, KAF Digital Bank
Raja Amir Shah Raja Azwa
CEO, HSBC Amanah
Sharifatul Hanizah
Executive Director, Securities Commission Malaysia
Vineeta Tan
Managing Editor, IFN / Director, REDmoney(Moderator)
Topics for discussion
The impact of global macroeconomic trends on Islamic banks in APAC
The global Sukuk market and the investment opportunities
- Sukuk issuances recorded a new high in 2024; do we see this trend reversing?
- Could the implementation of AAOIFI Standard 62 pose challenges for issuers and investors as well as the Sukuk market?
- How is the pricing of Sukuk issuances compared to conventional bonds?
- What Sukuk structuring trends are we seeing in 2025?
- How would you assess the current state of secondary market liquidity for Sukuk in your respective markets? What are the key constraints?
- Are we seeing a broadening of investor base in Sukuk markets, particularly from non-traditional or international investors? How does this affect liquidity?
- What role do institutional investors – such as pension funds and sovereign wealth funds – play in enhancing or constraining Sukuk market liquidity?
- How has global sustainable Sukuk been affected during recent geopolitical trends? Have we observed any changes to sustainability investment polices?
- Are Malaysia and Indonesia still leading the sustainability Sukuk agenda?
- Will Sukuk be the main growth driver of the sustainable Islamic theme? What innovations can we anticipate?
Regulation and expansion of Islamic banks in APAC
- Can we see a convergence between AAOIFI and APAC local regulatory requirements in the next few years?
- Do we see regional Islamic banks expanding into other markets in APAC within the next few years? How does this compare with its GCC counterparts?
- How do we balance relaxing regulatory requirements of Islamic banks such as those in Bangladesh and the Philippines to encourage growth, against the increasing vulnerability of these banks?
- How can fintech assist Islamic banks manage their unique regulatory requirements?
- How do Islamic banks, in regions which lack centralized liquidity tools, manage their liquidity requirements while keeping with Shariah requirements?
About REDmoney Events
REDmoney events designs, organizes and hosts industry-leading conferences, forums, roadshows, seminars and dialogues focusing on the Islamic financial markets across a global, regional and national level. Leveraging an exceptional network of the industry’s elite and supported by the expertise of the REDmoney publishing and seminars divisions, REDmoney Events are able to provide access to a unique array of influential speakers, panelists and participants from a cross-section of the global industry to debate the most significant issues affecting the Shariah compliant financial markets.
REDmoney events are differentiated by their complimentary yet qualified attendance structure, ensuring the highest quality of both delegates and contributors. Comprehensive and cuttingedge, attendance ensures exclusive access to the leaders in their field across all sectors and markets.
The annual IFN Asia and IFN UK Forums are categorically recognized as their continent’s leading industry events since their inception in 2006 and 2007, respectively. The Dialogues series have also become an integral element of the REDmoney events series and have cemented their position as leading, must-attend, events.
In 2024, we welcome the IFN Investor Forums, which coincide with the new IFN Investor portal.
For any inquiries contact us
Our team will be glad to answer any questions you may have about this event.




















