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seminar logoStructure, Innovation, Governance & Application of Waqf & Waqf Based Products
 

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About The Seminar

Waqf is a financial charitable institution established by withholding property to eternally provide for various socio-economic needs, depending on the choice and condition made by the founder. Waqf is not a new concept, however its recent innovation coupled with technological advancements create an opportunity to innovate new products that align with the Bank Negara Malaysia’s agenda on Value Based intermediation.

Key Learning Objectives

  • Examine the legal framework for the management of Waqf
  • Analyze direct & indirect cash Waqf models, Waqf mutual fund and Takaful models
  • Evaluate the structure of corporate Waqf
  • Assess the key legal considerations in the structuring of Waqf-Sukuk
  • Explore the potential of Waqf on various fintech platforms including blockchain
  • Identify the areas for potential Shariah non-compliance risk for Waqf
  • Formulate adequate internal controls for Waqf management

Where & When

Date: 30th October 2018
Venue: Kuala Lumpur

Who Should Attend?

  • Islamic bankers and product structurers
  • Boards and shareholders of corporations
  • Finance and CSR representatives of corporates
  • Financial product development and risk managers
  • Representatives of Waqf foundations
  • Lawyers, accountants and consultants
  • Investment and asset managers
  • Shariah department managers and officers
  • Regulators and supervisory bodies
  • Shariah advisory committee and research officers

Fee

Early bird : RM1,799
Register before 30th September 2018
Standard : RM1,999 per delegate

In-house/group training

If you are looking for an in-house training program or wish to send a group to an existing public program, kindly please contact Andrew Tebbutt at [email protected] or +603 2162 7802.
Learn More

Manual Registration

Kindly complete the registration form and email to [email protected] or fax +603 2162 7810

For enquiries please contact:

Normariya Sariman
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44

Ramesh Kalimuthu
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810

For sponsorship & speaking opportunities:

Andrew Tebbutt

Managing Director
[email protected]
Direct Line: +603 2162 7802

For marketing and media enquiries

Govina Selvanthran

Marketing Manager
[email protected]
Direct Line: +603 2162 7800 ext 22

Where & When

Date: 30th October 2018
Venue: Kuala Lumpur

Who Should Attend?

  • Islamic bankers and product structurers
  • Boards and shareholders of corporations
  • Finance and CSR representatives of corporates
  • Financial product development and risk managers
  • Representatives of Waqf foundations
  • Lawyers, accountants and consultants
  • Investment and asset managers
  • Shariah department managers and officers
  • Regulators and supervisory bodies
  • Shariah advisory committee and research officers

Fee

Early bird : RM1,799
Register before 30th September 2018
Standard : RM1,999 per delegate

In-house/group training

If you are looking for an in-house training program or wish to send a group to an existing public program, kindly please contact Andrew Tebbutt at [email protected] or +603 2162 7802./p>

Manual Registration

Kindly complete the registration form and email to [email protected] or fax +603 2162 7810

About The Seminar

Waqf is a financial charitable institution established by withholding property to eternally provide for various socio-economic needs, depending on the choice and condition made by the founder. Waqf is not a new concept, however its recent innovation coupled with technological advancements create an opportunity to innovate new products that align with the Bank Negara Malaysia’s agenda on Value Based intermediation.

Key Learning Objectives

  • Examine the legal framework for the management of Waqf
  • Analyze direct & indirect cash Waqf models, Waqf mutual fund and Takaful models
  • Evaluate the structure of corporate Waqf
  • Assess the key legal considerations in the structuring of Waqf-Sukuk
  • Explore the potential of Waqf on various fintech platforms including blockchain
  • Identify the areas for potential Shariah non-compliance risk for Waqf
  • Formulate adequate internal controls for Waqf management

Seminar Agenda

09:00:00 – 10:00:00
Examining Key Legal Issues and Framework for Waqf
  • Waqf from a legal perspective: the key issues
  • Examining the legal framework for the management of Waqf
  • Structuring common Waqf arrangements and the important legal issues that arise
Dr Syed Adam Alhabshi
Partner, Shook Lin & Bok
10:00:00 – 11:00:00
Innovative Waqf Products
  • Analysing direct & indirect cash Waqf models, Waqf mutual fund and Takaful models
  • Assessing the definition, legitimacy and governance of corporate Waqf
  • Examining the structure of corporate Waqf and discussing recent creations of corporate Waqf structures
Dr Mohammad Mahbubi Ali
Head of Economics, Finance, Awqaf and Zakat Unit, International Institute of Advanced Islamic Studies (IAIS) Malaysia
11:00:00 – 11:30:00
Coffee
11:30:00 – 13:00:00
Innovative Waqf Products – Waqf Sukuk
  • Exploring viability of Sukuk structures for Waqf development
  • Key legal considerations in the structuring of Waqf-Sukuk
  • Case Study: Waqf-Sukuk in Saudi Arabia & Singapore
Lukman Sheriff Alias
Partner, Zul Rafique & Partners
13:00:00 – 14:00:00
Lunch & Prayer Break
14:00:00 – 15:30:00
Good Governance and Shariah Non-Compliance Risk Management for Waqf
  • Governance Framework for Waqf management
  • Areas for potential Shariah non-compliance risk for Waqf
  • Setting adequate internal controls for Waqf management
  • Disclosure and transparency – examples from endowments from advanced economies
Dr Supiah Salleh
Senior Lecturer, University Sains Islam Malaysia
15:30:00 – 16:00:00
Coffee
16:00:00 – 17:30:00
Waqf on Blockchain and other fintech Opportunities
  • Unlocking the potential of Waqf with blockchain
  • Shariah compliance requirements for Waqf on blockchain
  • Fintech opportunities for Waqf – case for inclusive fintech
Dr Rizal Mohd Nor
Assistant Professor, Kulliyyah of Information and Communication Technology, International Islamic University Malaysia (IIUM)
17:30:00
End

Speakers

Dr Mohammad Mahbubi Ali
Head of Economics Finance, Awqaf and Zakat Unit, International Institute of Advanced Islamic Studies (IAIS) Malaysia

Lukman Sheriff Alias
Partner, Zul Rafique & Partners

Dr Rizal Mohd Nor
Assistant Professor International Islamic University Malaysia (IIUM)

Dr Supiah Salleh Senior
Senior Lecturer University Sains Islam Malaysia

Dr Syed Adam Alhabshi
Partner Shook Lin & Bok

View Speakers Profiles

For enquiries please contact:

Normariya Sariman
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44

Ramesh Kalimuthu
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810

For sponsorship & speaking opportunities:

Andrew Tebbutt

Managing Director
[email protected]
Direct Line: +603 2162 7802

For marketing and media enquiries

Govina Selvanthran

Marketing Manager
[email protected]
Direct Line: +603 2162 7800 ext 22

About Us

REDmoney Events designs, organizes and hosts industry-leading conferences, forums, roadshows and seminars focusing on the Islamic financial markets across a global, regional and national level.

+603 2162 7800
[email protected]

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