Introduction
Bank Negara Malaysia is pleased to host the second Global Islamic Finance Forum (GIFF). Themed Islamic Finance: Opportunities for Tomorrow GIFF 2010 will be held in Kuala Lumpur from 25th to 28th October 2010. GIFF 2010 is a key international event in the calendar of Islamic finance following the success of the inaugural GIFF in March 2007.
GIFF 2010 is a high-level multi-track event that brings together regulators, scholars and financial industry players who are key drivers in shaping Islamic finance globally. This event is organised in collaboration with the Association of Islamic Banking Institutions Malaysia (AIBIM), Malaysian Takaful Association (MTA), the International Shariah Research Academy for Islamic Finance (ISRA) and the REDmoney Group.
GIFF 2010 is organised in support of the Malaysian International Islamic Financial Centre (MIFC) initiative to position Malaysia as a hub for international Islamic finance.
Attendance at GIFF 2010 is by invitation only. In view of the growing global interest in Islamic finance, keen interest is expected from international and local participants.
Senior officials from regulatory agencies, statutory bodies, government agencies, Islamic and conventional financial institutions, financial markets players and professional services in Malaysia and abroad are invited to register their interest to participate in the event on the GIFF 2010 website. Successful registrants will be notified by email by the organisers.
Forum Agenda
GLOBAL BUSINESS LEADERS DIALOGUE & PUBLIC LECTURE
The Global Business Leaders Dialogue which takes place in the morning involves high profile, international business leaders presenting their views on Shaping Global Finance for the Next Decade. Topics that will be discussed include opportunities in Islamic Finance in the post-crisis world and the importance of strengthening linkages in the financial world. This is followed by a Public Lecture in the afternoon session on the topic of investment strategies in the aftermath of market crisis.
Venue: Sapphire Room, Level 1, Mandarin Oriental KL
Hosted by:
GIFF Opening
“Islamic Finance: Opportunities for Tomorrow”
Welcoming Remark:
Tan Sri Dato’ Sri Dr. Zeti Akhtar Aziz, Governor, Central Bank of Malaysia
Special Address:
Duli Yang Teramat Mulia (DYTM) Raja Dr. Nazrin Shah Ibni Sultan Azlan Muhibbuddin Shah, MIFC Ambassador
Opening Address:
Yang Amat Berhormat (YAB) Dato' Sri Mohd Najib bin Tun Abdul Razak, Prime Minister of Malaysia
Launch of IF Report:
Yang Amat Berhormat (YAB) Dato' Sri Mohd Najib bin Tun Abdul Razak, Prime Minister of Malaysia
- Opportunity in Islamic finance in post-crisis world
- Strengthening linkages in the financial world
- Bridging the East and West through Islamic finance
- Tanri Abeng, Commissioner of the Board and President Commissioner P.T. Telekomunikasi Indonesia Tbk
- Brian P. Baker, Managing Director, PIMCO Asia Limited
- Jean Lemierre, Senior Adviser to Chairman, BNP Paribas
- Y.Bhg. Tan Sri Dato’ (Dr.) Francis Yeoh, Group Managing Director, YTL Corporation Bhd
- Tan Sri Andrew Sheng
- Dato’ Johan Raslan, Executive Chairman, PricewaterhouseCoopers (PwC) Malaysia
Presentation: Global Financial Markets Undergoing Transformational Changes
- Frank Vogel, Independent Scholar and Legal Consultant
Special Session - Islamic Finance Report
1. Islamic Finance Opportunities: Country & Business Guide 2010
2. The Bankers - Islamic Finance's Role in the Future of Banking
- Brian Caplen, Editor, The Banker (Presentation)
- Robert JS Ryu, Director, Overseas Operations Division, Shariah Finance Co Ltd (Presentation)
- Edmond Lau, Executive Director, Monetary Management, Hong Kong Monetary Authority (Presentation)
- Jean-Marc Goy, Conseiller du Directeur Général, Commission de Surveillance du Secteur Financier, Luxembourg (Presentation)
- Halim Alamsyah, Deputy Gavernor, Bank Indonesia (Presentation)
- Baljeet Kaur Grewal, Managing Director, KFH Research Limited (Presentation)
ISSUERS DAY - "ISSUING ISLAMIC PAPER"
The Issuers Day offers an insight into the industry today and how one can feasibly issue Islamic paper. It also showcases the developments, challenges and opportunities of Islamic finance in Asia and beyond.
Participants will consist of senior management from key markets listed Shariah compliant companies and those interested in issuing Islamic paper.
Venue: Sapphire Room, Level 1, Mandarin Oriental KL
Hosted by:
| 08:00 – 09:00 | Registration & Refreshments |
| 09:00 – 09:15 | Keynote Address Sheikh Prof Dr Mohamed Ali Elgari |
| 09:15 – 09:30 | Keynote Address Dr Mohamed Nedal Alchaar - Secretary General, Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) |
| 09:30 – 09:40 | Chairpersons Introduction Abdulkader Thomas - President &CEO, SHAPE™ Financial Corp. |
| 09:40 – 10:45 |
Session 1: CEOs’ Session - Islamic Finance Developments and Expansions in Asia
Rafael Dalmau - Global Head of Sharia-compliant Portfolio Management (Sukuks), BNP Investments Partners Badlisyah Abdul Ghani - Chief Executive Officer, CIMB Islamic Steven Choy - President & Chief Executive Officer, Cagamas Dheerasak Suwannayos - President, Islamic Bank of Thailand Afaq Khan - Chief Executive Officer, Standard Chartered Saadiq |
| 10:45 – 11:15 | Break & Networking |
| 11:15 – 12:15 |
Session 2: Islamic Capital Markets: Opportunities and Challenges in Asia and Beyond
Jamelah Jamaluddin - Chief Executive Officer, Kuwait Finance House Rafe Haneef - Managing Director Global Markets, HSBC Amanah Mohd Effendi Abdullah - Director/Head, Islamic Markets, AmInvestment Bank Datuk Bazlan Osman - Group Chief Financial Officer, Telekom Malaysia Masroor Haq - Head of Middle East and Africa, VTB Capital |
| 12:15 – 13:00 |
Session 3: Examining Regulatory, Risk and Taxation Issues in Today's Islamic Capital Markets
Sheikh Nizam Yaquby - Shariah Scholar Nicholas Crist - Executive Director, KPMG Nik Norishky Thani - Islamic Finance Specialist, Bank Negara Malaysia Hooman Sabeti-Rahmati - Partner, Allen & Overy Tariq al-Rifai - Director Islamic Indexes, Dow Jones Indexes Surinder Kathpalia - Managing Director, Standards and Poors Singapore |
| 13:00 – 14:30 | Luncheon |
| 13:00 – 13:15 | Luncheon Address Shared Services and Outsourcing in the BFSI Sector Mohd Safuan Mohd Zairi - Head Shared Services & Outsourcing (SSO), Multimedia Development Corporation (MdeC) |
| 14:30 – 14:45 | Country Presentation - Korea Yul-Hee Lee - Head of Islamic Finance Team & China Team, Korea Investment & Securities (Presentation) |
| 14:45 – 15:15 | Session 4: POWER PRESENTATIONS: Presentation One: The Developing Role of the Professional Trustee Andrew Leamon - MENA Client Management Global Transaction Banking, Deutsche Bank (Presentation) Presentation Two: Sukuk Restructuring Mohammed A. Al-Sheikh - Co-Head Islamic Practice Group, Latham & Watkins |
| 15:15 – 16:00 |
Session 5: Assessing Contemporary Islamic Capital Market Products and Structures
Mohamed Ismail Mohamed Shariff - Partner, SKRINE Qudeer Latif - Head of Islamic Finance, Clifford Chance Dr Mohamed Nedal Alchaar - Secretary General, Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Ijlal Ahmed Alvi - Chief Executive Officer, International Islamic Financial Market (IIFM) Ismail Dadabhoy - Head of Islamic Finance, UBS |
| 16:00 – 16:30 | Break & Networking |
| 16:30 – 17:15 |
Session 6: Growth, Stabilization and Progress in the Islamic Capital Markets
Chaaban Omran - Chief Executive Officer, Crescent Investment Australasia Nadim Khan - Partner, Herbert Smith Nicholas Edmondes - Partner, Trowers & Hamlins Alhami Mohd Abdan - Head, International Finance & Capital Market, OCBC Al-Amin Bank |
| 17:15 – 18:00 | Session 7: Scholars Round Table Mufti Muhammad Nurullah Shikder - Shariah Scholar Sheikh Dr Jumuah al-Raqibi - Shariah Scholar Dr Mohammad al-Suhaibani - Shariah Scholar Sheikh Mohd Kamal Mokhtar - Shariah Scholar Dr. Layachi Feddad - Algeria Assoc Prof. Dr. Said Bouheraoua - Shariah Scholar |
| 18:00 – 18:05 | Chairperson's Closing Abdulkader Thomas - President & CEO, SHAPE™ Financial Corp. |
INTERNATIONAL SHARIAH SCHOLARS FORUM
The International Shariah Scholars Forum (ISSF) is an event that gathers prominent Shariah scholars from around the globe. Previously known as International Shariah Scholars Dialogue (ISSD), this is the fourth time the Forum is being held in Kuala Lumpur since 2005. The theme of this year Forum is The Future of Islamic Finance A Glimpse of Tomorrow's Opportunities. The Forum aims to deliberate on key strategies towards propelling the Islamic finance industry forward amidst a more challenging operating environment. The Forum will attract a gathering of some of the most prominent Shariah scholars from the Middle East and South East Asia including Dr. Wahbah Al-Zuhaily and Sheikh Muhammad Said Ramadan Al-Buti.
Participants will consists of Shariah scholars and key Shariah practitioners. The forum will be conducted in Arabic.
Venue: Grand Ballroom, Level 2, Hotel Nikko Kuala Lumpur
Hosted by:
| 08:30 – 09:00 | Registration |
| 09:00 – 10:30 | Recitation of Holy Quran |
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Welcoming remarks |
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| Welcoming remarks Prof Bambang Permadi Brodjonegoro |
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| Keynote Address YABhg Tun Dr Mahathir Mohamad |
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Launching of ISRA Journal and Research Portal |
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| 10:30 – 10:50 |
Networking & Refreshments |
| 10:50 – 11:25 |
Keynote Speech 1 |
| 11:25 – 13:00 |
Session 1 A vision for the future of the financial industry Presenters:
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13:00 – 14:30 |
Lunch and Zuhr Prayer |
| 14:30 – 16:30 | Session 2 Shariah Governance |
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| 16:30 – 17:00 |
Refreshment & End of day 1 |
REGULATORS FORUM
The Forum is conducted by regulators for regulators, and will provide a high-level platform for open discussions on critical and current global issues relating to the regulation of Islamic finance and the institutions involved. The Forum will be opened with a special session entitled Financial Stability Report by Tan Sri Dr. Zeti Akhtar Aziz, Governor of Bank Negara Malaysia.
Participants will consists of those from central banks, financial authorities and financial regulatory bodies.
Venue: Diamond Ballroom, Lobby Level
Hosted by:
| 07:30 – 09:00 | Registration & Breakfast |
| 9:00 – 10:15 |
Session 1: Enhancing Islamic Financial System for the Next Decade
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| 10:15 – 10:45 | Networking & Refreshment |
| 10:45 – 12:15 |
Session 2: Regulation & Supervision of Islamic Finance: Industry Expectations Post Crisis
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| 12:15 – 13:00 | Special Session: Financial Stability Report Tan Sri Dato’ Sri Dr. Zeti Akhtar Aziz, Governor, Central Bank of Malaysia |
| 13:00 – 14:30 |
Luncheon Talk - |
| 14:30 – 15:45 | Session 3: Capital management in Islamic finance - "Would requirements be appropriate to mitigate risks in Islamic finance" |
Panelists:
Moderator:
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| 15:45 – 16:15 | Networking & Refreshment |
| 16:15 – 17:00 |
Session 4: |
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INVESTORS DAY - "INVESTING IN ISLAMIC PAPER"
The Investors Day discusses how, where and when to invest Islamically. It also showcases the changing landscape of Islamic investment centers and destinations in Asia and the GCC.
Participants will consist of asset/fund managers, private bankers, institutional investors, investment analysts and insurance companies interested in investing Islamically.
Venue: Sapphire Room, Level 1, Mandarin Oriental KL
Hosted by:
| 08:00 – 09:00 | Registration & Refreshments |
| 09:00 – 09:20 | Keynote Address Datuk Ranjit Ajit Singh - Managing Director, Securities Commission Malaysia (Presentation) |
| 09:20 – 09:30 | Abdulkader Thomas - President &CEO, SHAPE™ Financial Corp. |
| 09:30 – 10:30 | Session 1: CEOs’ Session - Managing Islamic Investment and Wealth Today
Hj Md Noor Hj A Rahman - Chief Executive Officer/Chief Investment Officer, OSK-UOB Islamic Fund Management Humphrey Percy - Chief Executive Officer, Bank of London & The Middle East Issam Al Tawari - Chairman & Managing Director, Rasameel Structured Finance Dr Armen V. Papazian - Chief Executive Officer, Keipr Dr Jamil El-Jaroudi - Chief Executive Officer, Elaf Bank |
| 10:30 – 11:00 | Break & Networking |
| 11:15 – 11:15 | Presentation Islamic Finance Industry: 2010 & Beyond Baljeet Kaur Grewal - Managing Director & Vice Chairman, KFH Research (Presentation) |
| 11:15 – 12:15 | Session 2: A Changing Landscape - Islamic Investment Centers and Destinations: Asia and the GCC
Jawad Ali - Managing Partner, King & Spalding Middle East Baljeet Kaur Grewal - Managing Director, KFH Research Daud Vicary Abdullah - Global Islamic Finance Leader, Deloitte Datuk Noripah Kamso - Chief Executive Officer, CIMB-Principal Islamic Asset Management Jimmy Phoon - Head of Strategy, Temasek Holdings |
| 12:15 – 13:00 | Session 3: Discussing Islamic Investment Trends and Strategies for a New Business Environment
Alfred Yip - Director, Head of Quantitative Strategies, Asia Pacific, HSBC Global Asset Management (HK) Datin Maznah Mahbob, CEO of Funds Management Division, AmInvestment Bank Group Hisham Abdul Rahim - Executive Director, BNP Paribas Investment Partners Mohammed Faiz Azmi - Global Islamic Finance Leader, PricewaterhouseCoopers Sandeep Singh - Country Head - Malaysia & CEO, Franklin Templeton GSC Asset Management |
| 13:00 – 14:30 | Lunch |
| 14:30 – 14:45 | Country Presentation: United Kingdom HE Simon Featherstone - British High Commissioner, UK Trade & Investment (Presentation) |
| 14:45 – 15:45 | Session 4: POWER PRESENTATIONS: Presentation One: Financial Market Progress – Labuan as International Islamic Finance Platform Hiu Chee Fatt - Trust Advisor, Labuan IBFC (Presentation) Presentation Two: SRI and Shariah-compliant Investment Stewart Armer - Head of SRI, BNP Paribas Invstment Partners Presentation Three: Cross Border Issuance Mohd Izani Ghani - Chief Financial Officer, Khazanah Nasional (Presentation) Presentation Four: Investor Trust Nicholas Kaiser - Director & Chairman, Saturna Capital |
| 15:45 – 16:15 | Break & Networking |
| 16:15 – 17:00 | Session 5: Islamic Investment & Treasury Products and Structures
Sheikh Dr. Sami Ibrahim Al-Suwailem - Shariah Scholar Mohammed Paracha - Deputy Head Global Islamic Finance, Norton Rose Richard Thomas - Chief Executive Officer, Gatehouse Bank Jamzidi Khalid - CEO - Deutsche Bank AG, International Islamic Banking, Malaysia Branch Dr Salah Addeen A. Qader M. Saeed - General Manager Credit and Risk Management, Bahrain Islamic Bank |
| 17:00 – 17:45 | Session 6: Risk Management, Regulatory Issues, Default and Insolvency - From the Perspective of Islamic Investment & Wealth Managers
Moderator: Rajiv Biswas - Economist, The Economist Panelists Ayman Khaleq - Partner, Vinson & Elkins Iqbal Khan - Chief Executive Officer, Fajr Capital Mohieddine Kronfol - Managing Director, Algebra Capital Mohamad Safri Shafrul Hamid - Deputy Chief Executive Officer, MIDF Amanah Investment Bank Saleem Ullah - Director Islamic Banking Department, State Bank of Pakistan |
| 17:45 – 17:50 | Chairperson's Closing Abdulkader Thomas - President &CEO, SHAPE™ Financial Corp. |
TAKAFUL & RE-TAKAFUL DAY: THE TAKAFUL RENDEZVOUS
The Takaful Rendezvous is a joint event by the Malaysian Takaful Association and REDmoney. Catering to the Takaful industry, this one-day forum will showcase the developing Islamic insurance industry in Asia and the rest of the world.
Participants will consist of those from the insurance and takaful industry in general, in addition to investors and regulators.
Venue: Diamond Room, Lobby Level, Mandarin Oriental KL
Hosted by:
| 08:00 – 09:25 | Registration & Refreshments |
| 09:25 – 09:45 | Keynote & Chairperson’s Introduction Dato' Syed Moheeb - President & Chief Executive Officer, Takaful Ikhlas |
| 09:45 – 10:45 | Session 1: CEOs' Session - Growth in the Global Takaful & re-Takaful Markets
Moderator Dato' Syed Moheeb - President & Chief Executive Officer, Takaful Ikhlas Panelists Marcel Omar Papp - Director, Swiss Re Retakaful Zainal Abidin Mohd Noor - Chief Executive Officer, ACR Re Takaful Ismail Mahbob - President & Chief Executive Officer, MNRB Retakaful Dawood Taylor - Senior Regional Executive - Takaful Middle East, Prudential Corporation Asia (PCA) (Presentation) Rohail AliKhan - Chief Executive Officer, Pak Qatar General Takaful |
| 10:45 – 11:15 | Session 2: POWER PRESENTATION: Presentation One: Risk Management in Life Takaful Dawood Taylor - Senior Regional Executive - Takaful Middle East, Prudential Corporation Asia (PCA) Presentation Two: Investment Linked Products Norlia Mat Yusof - Executive Vice President/Head of Bancassurance, Etiqa Insurance & Takaful (Presentation) |
| 11:15 – 11:45 | Break & Networking |
| 11:45 – 12.45 | Session 3: Examining Solvency &Takaful Models
Moderator Azim Mithani - Chief Executive Officer, Prudential BSN Takaful Panelists Assoc. Prof. Dr. Younes Soualhi - Shariah Scholar Tobias Frenz - Chief Executive Officer, Munich Re Retakaful Hassan Scott P. Odierno - Principal and Actuary, Mercer Zainal Consulting Muzaffar Hisham - Deputy Chief Executive Officer, CIMB Islamic Mohammed Jalaluddin - President, Ansar Financial & Vice Chairman Islamic and Ansar Housing Coops |
| 12:45 - 12:50 | Book Launch by INCEIF/Munich Re Retakaful |
| 12:50 – 14.30 | Lunch Address Dr. Sri Mulyani |
| 14:30 – 15:00 | Session 4: POWER PRESENTATION: Presentation Four: Microtakaful |
| 15:00 – 15:45 | Session 5: Efficient Regulatory Framework and Risk Management in the Takaful Industry
Moderator Zainudin Ishak - Chief Executive Officer, HSBC Amanah Takaful Panelists Ajmal Bhatty - Chief Executive Officer, Tokio Marine Middle East Susan Dingwall - Partner, Norton Rose Majid Mohamad - President & CEO, Labuan Re Sridharan Nair - Financial Services Leader, PricewaterhouseCoopers |
| 15:45 – 16:30 | Session 6: Innovations and Development in Takaful and re-Takaful Products
Moderator Wan Zamri Wan Zain - Chief Executive Officer, AIA Takaful International Panelists Elmie Aman Najas - Vice President - PMO Takaful, Great Eastern Life Assurance David Kinloch - Chief Executive Officer, Labuan IBFC Peter Hodgins - Partner, Clyde & Co Prof. Datuk Dr Syed Othman Alhabshi - Shariah Scholar |
| 16:30 – 16:35 | Chairperson's Closing Dato' Syed Moheeb - President & Chief Executive Officer, Takaful Ikhlas |
| 16:35 – 17:00 | Break & Networking |
REGULATORS FORUM
The Forum is conducted by regulators for regulators, and will provide a high-level platform for open discussions on critical and current global issues relating to the regulation of Islamic finance and the institutions involved. The Forum will be opened with a special session entitled Financial Stability Report by Tan Sri Dr. Zeti Akhtar Aziz, Governor of Bank Negara Malaysia.
Participants will consists of those from central banks, financial authorities and financial regulatory bodies.
Venue: Summit Room, Level 2
Hosted by:
| 07:30 – 09:00 | Registration & Breakfast |
| 09:00 – 10:30 |
Session 5: Legal and Shariah Governance – Navigating Islamic Finance in Perfect Storm
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| 10:30 – 11:00 | Networking & Refreshment |
| 11:00 – 12:30 | Session 6: Strengthening the role of wakeel to enhance takaful value chain |
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Moderator:
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INTERNATIONAL SHARIAH SCHOLARS FORUM
The International Shariah Scholars Forum (ISSF) is an event that gathers prominent Shariah scholars from around the globe. Previously known as International Shariah Scholars Dialogue (ISSD), this is the fourth time the Forum is being held in Kuala Lumpur since 2005. The theme of this year Forum is The Future of Islamic Finance A Glimpse of Tomorrow's Opportunities. The Forum aims to deliberate on key strategies towards propelling the Islamic finance industry forward amidst a more challenging operating environment. The Forum will attract a gathering of some of the most prominent Shariah scholars from the Middle East and South East Asia including Dr. Wahbah Al-Zuhaily and Sheikh Muhammad Said Ramadan Al-Buti.
Participants will consists of Shariah scholars and key Shariah practitioners. The forum will be conducted in Arabic.
Venue: Grand Ballroom, Level 2, Hotel Nikko Kuala Lumpur
Hosted by:
| 09:00 – 09:45 | Keynote Speech 2 Future Prospects for the Work of Shariah Advisory Boards Sheikh Abdullah bin Bayyah |
| 09:45 – 10:00 | Networking & Refreshments |
| 10:00 – 11:30 | Session 3 The Future Prospects of Shariah Advisory: Vision for Development |
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| 11:30 – 13:00 | Session 4 Future Prospects for Islamic Financial Products |
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13:00 – 14:30 |
Lunch and Zuhr Prayer |
| 14:30 – 16:00 |
Open Dialogue |
Panelists:
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| 16:30 – 17:00 | Resolution(s) of International Shariah Scholars Forum |
| 17:00 – 17:30 | Refreshment and End of Event |
GLOBAL ISLAMIC LIQUIDITY MANAGEMENT CONFERENCE
The GILM Conference 2010, themed “Islamic Liquidity Management: Strengthening Building Blocks in Domestic Markets and Cross-border Transactions”, is a half-day event. The conference aims to:
- Exemplify the importance of liquidity management as an essential building block for a sustainable and stable Islamic banking business, both at domestic and international level.
- Provide participants with a good understanding of challenges faced in developing Islamic liquidity management, exposure to current infrastructures available and the understanding of their strategic role in developing Islamic liquidity management.
- Facilitate interaction and greater linkages amongst Islamic banks/windows in different jurisdictions to enhance cross-border Islamic liquidity management.
Venue: Summit Room, Level 2, Mandarin Oriental KL
Hosted by:
| 14:30 – 16:00 |
Session 1: Finding Solutions for a Long-Standing Problem
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| 16:00 – 16:30 | Networking & Refreshment |
| 16:30 – 18:00 |
Session 2: Lessons for Domestic & Cross-Border Development
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EQUITIES & FINANCIAL MARKETS DAY
The Equities & Financial Markets Day showcases the growth in the global Islamic equities and financial markets.
Participants will consist of senior management from brokerage houses, senior equity investors, asset and wealth managers and those who have a particular interest in the global equity capital markets.
Venue: Sapphire Room, Level 1, Mandarin Oriental KL
Hosted by:
| 08:00 – 09:15 | Registration & Refreshments |
| 09:15 – 09:35 | Keynote Address Dato' Yusli Mohamed Yusoff - Chief Executive Officer, Bursa Malaysia (Presentation) |
| 09:35 – 09:45 | Chairperson’s Introduction Abdulkader Thomas - President &CEO, SHAPE™ Financial Corp. |
| 09:45 – 10:45 |
Session 1: CEO’s Session - Growth in the Global Islamic Financial Markets
Raja Teh Maimunah - Global Head Islamic Market, Bursa Malaysia Michael Clark - Chief Executive Officer, QIB UK Bilal Rasul - Director (Enforcement), Securities & Exchange Commission of Pakistan Imran Iqbal - Director & Head Islamic Treasury, Maybank Islamic Norashikin Mohd Kassim - Head of Treasury, Bank Islam Malaysia |
| 10:45 – 11:20 |
Session 2: POWER PRESENTATIONS: Presentation Two: Commodities for Liquidity Management |
| 11:20 – 11:45 | Break & Networking |
| 11:45 – 12:45 |
Session 3: Examining the Role and Growth of Islamic Equity and Equity-Linked Products
Monem A Salam - Director of Islamic Investing and Deputy Portfolio Manager, Saturna Capital Kevin Chan - Investment Specialist, Structured & Indexed Investments, BNP Paribas Investment Partners Assoc Prof. Dr Asyraf Wajdi Dato' Dusuki - Shariah Scholar Zainal Izlan Zainal Abidin - Chief Executive Officer, i-VCAP Management Shamsun Anwar Hussain - Director Product Management, CIMB Islamic |
| 12:45 – 14:30 | Lunch |
| 14:30 – 15:30 |
Session 4: Briefing on ISDA/IIFM Tahawwut (Hedging) Master Agreement
Dr. Peter M Werner - Senior Director, International Swaps & Derivatives Association (ISDA) Habib Motani - Partner, Clifford Chance |
| 15:30 – 16:15 |
Session 5: Product Development and Practical Issues for Equity and Equity-Linked Products
Youssri Helmy - Chairman, IdealRatings Lawrence Oliver - Deputy Chief Executive Officer, DDCAP Rushdi Siddiqui - Head of Islamic Finance, Thomson Reuters Marc Theisen - Managing Partner, Theisen Law Gerald Ambrose - Managing Director, Aberdeen Asset Management |
| 16:15 – 17:15 |
Session 6: Islamic Money Market, Liquidity Management & Treasury Products: Vision and Reality - How Have We Progressed?
Yazit Yusuff - Head of Islamic Banking, OSK Investment Bank Berhad Yvonne Phe - Managing Director Markets Division, AmBank Group Asst. Professor Dr. Aznan Hassan - Shariah Scholar Omar Kalair - President & CEO, UM Financial Eldred Buck - Managing Director, Eiger Trading Advisors |
| 17:15 – 17:20 | Chairperson's Closing Abdulkader Thomas - President &CEO, SHAPE™ Financial Corp. |
| 17:20 – 18:00 | Break & Networking |
ISLAMIC LIQUIDITY MANAGEMENT WORKSHOP
The GILM Conference 2010, themed “Islamic Liquidity Management: Strengthening Building Blocks in Domestic Markets and Cross-border Transactions”, is a half-day event. The conference aims to:
- Exemplify the importance of liquidity management as an essential building block for a sustainable and stable Islamic banking business, both at domestic and international level.
- Provide participants with a good understanding of challenges faced in developing Islamic liquidity management, exposure to current infrastructures available and the understanding of their strategic role in developing Islamic liquidity management.
- Facilitate interaction and greater linkages amongst Islamic banks/windows in different jurisdictions to enhance cross-border Islamic liquidity management.
The conference will be complemented by a full-day workshop which will focus on operationalising Islamic liquidity management, including Islamic interbank and hedging transactions. In addition, participants will have the opportunity to be attached to an Islamic bank for another day to enhance their understanding further on the actual Islamic liquidity management transactions conducted.
Venue: Summit Room, Level 2, Mandarin Oriental KL
Hosted by:
| 09:00 – 10:30 | Session 1: Operational Details in Murabahah Contract for Islamic Liquidity Management |
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| 10:30 – 11:00 | Refreshment & Networking | |||
| 10:30 – 13:00 | Session 2: Operational Details in Wakalah Contract for Islamic Liquidity Management |
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| 13:00 – 14:30 | Lunch | |||
| 14:15 – 16:00 | Session 3: Operational Details in Mudharabah Contract for Islamic Liquidity Management |
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| 16:00 – 16:30 | Break & Networking | |||
| 16:00 – 17:30 | Session 4: Operational Details in FX Hedging Contracts |
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MEDIA ENGAGEMENT PROGRAMME
This half-day session begins with a panel discussion by key industry practitioners and regulators in Malaysia and is aimed at providing an opportunity for senior reporters and Islamic finance journalists to learn more about Malaysia�s journey, progress and achievements in shaping Islamic finance in the region and globally. The session concludes with a conversation with Tan Sri Dr. Zeti Akhtar Aziz, Governor of Bank Negara Malaysia. This session is by invitation only and will involve up to 30 senior reporters and Islamic finance journalists.
All senior business/Islamic finance journalists/editors are welcome to register. The organizers will contact those successful registrants directly.
Venue: Opal Room, Lobby Level
Hosted by:
| 28th October 2010 | |
| 07:30 – 09:00 | Registration & Breakfast |
| 9:00 – 11:10 |
Session 1: A Roundtable Discussion supported by the MIFC inititiave in Association with ECN
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| 11:10 – 11:30 | Tea Break |
| 11:30 – 13:00 | In Conversation with Governor : Prospects and Opportunities of Islamic Finance |
| 13:00 – 14:30 | Lunch |
| 15:00 – 16:00 | MIFC Webcast Session - "The Rise of Global Islamic Finance" |
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MIFC ROUNDTABLE
In 2010, the Islamic finance industry's total assets globally are estimated to have exceeded USD one trillion for the first time. Moody's recently projected that the future potential size of the sector is considerably higher, and could reach USD 5 trillion.
In this special Roundtable convened by the Central Bank of Malaysia (Bank Negara Malaysia) in support of the MIFC initiative and moderated by the Economist Corporate Network, leaders from the global Islamic financial services industry will discuss the outlook for the industry and key strategic issues and challenges facing the sector. Key topics that will be discussed include major trends shaping the industry, the changing competitive landscape, initiatives to strengthen governance and standards amongst Islamic regulators and financial institutions, as well as human capital challenges confronting the industry.
The Roundtable will be moderated by Mr Rajiv Biswas, Director, Economist Corporate Network SEA and Ms Jane Kinninmont, Editor and Economist, EIU specializing in Middle East and North Africa.
Opal Room, Mandarin Oriental, Kuala Lumpur
Hosted by:
| 09:00 – 09:05 | Welcoming remarks by the moderator. |
| 09:05 – 11:05 |
Three key topics for discussion:
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| 11:05 – 11:10 | Moderator/co-moderator to recap and summarise key disscussions of Roundtable. |
Photo Gallery
Forum Speakers
- Abdulkader Thomas - President & Chief Executive Officer, SHAPE™ Financial Corp.
- Afaq Khan - Chief Executive Officer, Standard Chartered
- Assoc Prof. Dr Asyraf Wajdi Dato' Dusuki - Head of Research Affairs, International Shariah Research Academy for Islamic Finance
- Ahmad Nazir Che Yen - Treasury CIMB Islamic
- Ahmed Rehman - Chief Executive Officer, Al Rajhi Bank
- Aida Othman - Partner, Zaid Ibrahim & Co.
- Ajmal Bhatty - Chief Executive Officer, Tokio Marine Middle East
- Ajmal Bhatty - Chief Executive Officer, Tokio Marine Middle East, Dubai
- Alfred Yip - Chief Investment Officer, HSBC Global Asset Management
- Assoc Prof. Dr. Said Bouheraoua - Researcher
- Assoc. Prof. Dr. Mohamad Akram Laldin - Executive Director, International Shariah Research Academy
- Assoc. Prof. Dr. Younes Soualhi - Researcher
- Ayman Khaleq - Partner, Vinson & Elkins
- Azim Mithani - Chief Executive Officer, Prudential BSN Takaful
- Badlisyah Abdul Ghani - Chief Executive Officer, CIMB Islamic
- Baljeet Kaur Grewal - Managing Director, KFH Research
- Chaaban Omran - Chief Executive Officer, Crescent Investment Australasia
- Dahlan Siamat - Director of Shariah Financing Policy, Ministry of Finance, Indonesia
- Damian P.White - General Manager Treasury Group, Al Rajhi Banking & Investment Corporation, Saudi Arabia
- Dato’ Johan Raslan - Executive Chairman, PricewaterhouseCoopers (PwC) Malaysia
- Dato' Muhammad bin Ibrahim - Deputy Governor, Bank Negara Malaysia
- Dato' Sri Nazir Tun Abdul Razak - Chief Executive Officer CIMB Group
- Dato' Syed Moheeb Syed Kamarulzaman - Chairman, Malaysian Takaful Association
- Dato' Syed Moheeb - President & Chief Executive Officer, Takaful Ikhlas
- Dato' Yusli Mohamed Yusoff - Chief Executive Officer, Bursa Malaysia
- Dato' Yusof Annuar Yaacob - Chief Financial Officer, Axiata
- Datuk Bazlan Osman - Group Chief Financial Officer, Telekom Malaysia
- Datuk Noripah Kamso - Chief Executive Officer, CIMB - Principal Asset Management
- Datuk Ranjit Ajit Singh - Managing Director, Securities Commission Malaysia
- Daud Vicary Abdullah - Global Islamic Finance Group, Deloitte
- David Kinloch - Chief Executive Officer, Labuan IBFC
- David Testa - Consultant, Standard Bank
- Dawood Taylor - Senior Regional Executive - Takaful Middle East, Prudential
- Dheerasak Suwannayos - President, Islamic Bank of Thailand
- Dr. Armen V. Papazian - Chief Executive, Keipr, UAE
- Dr. Kingsley Moghalu - DG of Central Bank of Nigeria
- Dr. Mohamed Nedal Alchaar - Secretary General, Accounting and Auditing Organization Financial Institutions
- Dr. Peter M Werner - Senior Director, International Swaps & Derivatives Association (ISDA)
- Duli Yang Teramat Mulia (DYTM) Raja Dr. Nazrin Shah Ibni Sultan Azlan Muhibbuddin Shah - MIFC Ambassador
- Elmie Aman Najas - Chief Operating Officer, Great Eastern Takaful
- Farmida Bi - Partner, Nortor Rose LLP
- Gerry Ambrose - Managing Director, Aberdeen Asset Management
- Graham Mason - Chief Executive, Fund Management, Prudential Corporation Asia
- Hassan Scott P. Odierno - Principal and Actuary, Mercer Zainal Consulting
- Hj Md Noor Hj A Rahman - Chief Executive Officer/Chief Investment Officer, OSK-UOB Islamic Fund Management
- Hooman Sabeti-Rahmati - Counsel, Allen & Overy
- Humphrey Percy - Chief Executive Officer, Bank of London & The Middle East
- Ijlal Ahmed Alvi - Chief Executive Officer, International Islamic Financial Market (IIFM)
- Imran Iqbal - Treasury, Maybank Islamic
- Iqbal Khan - Fajr Capital Limited
- Ismail Dadabhoy - Head of Islamic Finance, UBS
- Ismail Mahbob - President & Chief Executive Officer, MNRB Retakaful
- Issam Al Tawari - Chairman & Managing Director, Rasameel Structured Finance
- Jamelah Jamaluddin - Chief Executive Officer, Kuwait Finance House
- Jawad Ali - Partner, King & Spalding
- Jim Nuzum - Chief Executive Officer, GCC Markets
- Jimmy Phoon - Head of Strategy, Temasek Holdings
- Kevin Chan - Investment Specialist Structured & Indexed Investmens, BNP Paribas Investment Partners
- Lawrence Oliver - Deputy Chief Executive Officer, DDCAP
- Marcel Omar Papp - Director, Swiss Re
- Michael Clark - Chief Executive Officer, QIB UK
- Mohamad Safri Shahrul Hamid - Deputy Chief Executive Officer, MIDF Amanah Investment Bank
- Mohamed Ismail Mohamed Shariff - Partner, SKRINE
- Mohammed Faiz Azmi - Partner, PricewaterhouseCoopers
- Monem A Salam - Director of Islamic Investing and Deputy Portfolio Manager, Saturna Capital BNP Paribas Investment Partners
- Muhammad Nurullah Shikder - Researcher
- Mukhtar Hussain - Global Chief Executive Officer, HSBC Amanah
- Nadim Khan - Partner, Herbert Smith
- Neil D. Miller - Global Head of Islamic Finance, Norton Rose
- Nicholas Crist - Executive Director, KPMG
- Nicholas Edmondes - Partner, Trowers & Hamlins
- Nik Norishky Thani - Islamic Finance Specialist, Bank Negara Malaysia
- Norashikin Mohd Kassim - General Manager, Treasury, Bank Islam, Malaysia
- Patrick Rochette - Director and Head of Distribution and Structuring, Bank of London & The Middle East
- Peter Hodgins - Partner, Clyde & Co
- Prof. Dato’ Dr. Mohd Azmi Omar - Dean, Institute of Islamic Banking and Finance, International Islamic University Malaysia (IIUM)
- Prof. Datuk Dr Syed Othman Alhabshi - Academic
- Prof. Datuk Dr Rifaat Ahmed Abdel Karim - Secretary-General, IFSB
- Professor John L. Esposito - Professor at Georgetown University
- Qudeer Latif - Head of Islamic Finance, Clifford Chance
- Raed H. Charafeddine - First Vice-Governor, Banque du Liban
- Rafael Dalmau - Director Emerging Markets and Islamic Investments, Fischer Francis Trees & Watts
- Rafe Haneef - Managing Director Global Markets, HSBC Amanah
- Raja Teh Maimunah - Global Head Islamic Market, Bursa Malaysia
- Richard Thomas - Chief Executive Officer, Gatehouse Bank
- Rushdi Siddiqui - Head of Islamic Finance, Thomson Reuters
- Sabbir Patel - Chief Financial Officer and Senior Vice President, Development, International Cooperative and Mutual Insurance Federation (ICMIF)
- Shamsun Anwar Hussain - Director Global Markets, CIMB Islamic
- Sheikh Dr. Abdelbari Mash’al - Shariah Scholar
- Sheikh Dr. Abdul Sattar Abdul Kareem Abu Ghuddah - Shariah Scholar
- Sheikh Dr. Ahmad Ali Abdellah - Shariah Scholar
- Sheikh Prof. Ajeel Jasim Al-Nashmi - Shariah Scholar
- Sheikh Dr. Al-Ayashi Faddad - Shariah Scholar
- Sheikh Dr. Ali Al-Qari - Shariah Scholar
- Sheikh Assoc Prof. Dr. Aznan Hasan - Shariah Scholar
- Sheikh Esam Mohamed Ishaq - Shariah Scholar
- Sheikh Dr. Ezzedine Khoja - Shariah Scholar
- Sheikh Dr Mohd Daud Bakar - Shariah Scholar
- Sheikh Prof Dr Mohamed Ali Elgari - Shariah Scholar
- Sheikh Assoc. Prof. Dr. Sa’id Bouheraoua - Shariah Scholar
- Sheikh Dr. Sami al-Suwaylim - Shariah Scholar
- Sheikh Dr. Sami Ibrahim Al-Suwailem - Shariah Scholar
- Sheikh Muddassir Siddique - Partner, DentonWildeSapte
- Sheikh Nizam Yaquby - Shariah Scholar
- Sheikh Prof. Dr. Sheikh Saleh Hameed - Shariah Scholar
- Sheikh Prof. Dr. Wahbah al-Zuhayli - Shariah Scholar
- Sheikh Salih Abdulrahman Al-Atram - Shariah Scholar
- Sheikh Suhaimi Mohd Yusof - Shariah Scholar
- Sheikhah Assoc. Prof. Dr. Engku Rabiah Adawiyah Engku Ali - Associate Professor at International Islamic University Malaysia (IIUM)
- Sohail Jaffer - Partner, FWU Group
- Stella Cox - Managing Director, DDCAP Limited
- Steven Choy - President & Chief Executive Officer, Cagamas
- Stewart Armer - Head of SRI, BNP Paribas Invstment Partners
- Susan Dingwall - Partner, Norton Rose
- Tariq Alsamahiji - Chief Executive Officer for BNP Paribas Investment Partners MENA Region
- Tan Sri Andrew Sheng Len Tao - Chief Advisor to China Banking Regulatory Commission
- Tan Sri Dato’ Sri Dr. Zeti Akhtar Aziz - Governor, Central Bank of Malaysia
- Tan Sri Zarinah Anwar - Chairman, Securities Commission Malaysia
- Tanri Abeng - Commissioner of the Board and President Commissioner P.T. Telekomunikasi Indonesia Tbk
- Tobias Frenz - Chief Executive Officer, Munich Re Retakaful
- Wan Zamri Wan Zain - Chief Executive Officer, AIA Takaful International
- Y.Bhg Tun Dr. Mahathir Mohamad - Former Prime Minister of Malaysia
- Yang Amat Berhormat (YAB) Dato' Sri Mohd Najib bin Tun Abdul Razak - Prime Minister of Malaysia
- Yazit Yusuff - Head of Islamic Banking, OSK Investment Bank Berhad
- Youssri Helmy - Chairman, IdealRatings
- Yvonne Phe - Chief Investment Officer, AmBank Group
- Zainal Abidin Mohd Noor - Chief Executive Officer, ACR Re Takaful
- Zainal Izlan Zainal Abidin - Chief Executive Officer, i-VCAP Management
- Zainudin Ishak - Chief Executive Officer, HSBC Amanah Takaful
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 cutting-edge, attendance ensures exclusive access to the leaders in their field across all sectors and markets.
TThe 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 has also become an integral element of the REDmoney events series and have cemented their position as leading, must-attend, events. In 2022, we introduced the Islamic Sustainable Finance & Investment Forum, which was an enormous success, and will become a mainstay.
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