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

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

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 –