REDmoney Events
  • Home
  • Past Forums
  • Past Seminars
  • Contact us
  • About Us
IFN Africa Dialogue & Report 2022

In Partnership With

NGX

8th November 2022, Online

#IFNAFRICA2022

Watch Now

  • Welcome Address
  • Presentation
  • Dialogue & Closing Remarks

Welcome Address

Welcome Address

Temi Popoola, CEO, Nigerian Exchange

Presentation

Presentation: An Update on Debt Management Office Nigeria and Islamic Finance and Investment

Patience Oniha, Secretary-General, Debt Management Office Nigeria

Dialogue & Closing Remarks

Islamic & Sustainable Financial Services in Africa: A Golden Opportunity
  • With ESG now driving financial innovation on the continent, what role will the symbiosis between Islamic finance and sustainable finance continue to play?
  • How can financial institutions facilitate the development of financing and investment products that satisfy both green and Islamic credentials?
  • With Sovereign Sukuk playing a leading role in African Islamic capital raising, what are the prospects for Islamic capital markets in Africa the coming year?
  • What are investors seeking from Sukuk issuers in terms of innovation, structure, pricing and ratings, and what of other funding mechanisms such as syndicated lending and private placement?
  • What is the evolution of Shariah compliant collective investment products available to investors, pension-holders and savers in Africa?
  • With Africa as a favored existing investment destination, what are we seeing in the areas of Shariah compliant private equity and real estate investment, and are there further opportunities on the continent?
  • With technology creating innovative Shariah compliant digital financial offerings what roles are being played by the new financial technology companies, as well as incumbent financial institutions?
  • What products and business activities are still ripe for digital transformation in Africa and what of important activities such as microfinance?
  • How will important ideas such as equity crowdfunding and peer-to-peer lending transform early and later stage Shariah compliant corporate funding, and what steps should regulators take to drive this exciting sector?

Moderator:

Abdulkader Thomas, Director, SHAPE Knowledge Services

Panelists:

Akeem Oyewale, CEO, Marble Capital
Dr Hassan Suleiman, Head of Economic Research and Policy Management, Securities and Exchange Commission, Nigeria

Closing Remarks

Kazeem Alimi, Head, Secondary Markets, Nigeria Exchange

About the IFN Africa Dialogue

Africa was the first continent into which Islam spread from SE Asia and is now home to almost one-third of the world’s Muslim population. Although interest in Islamic finance continues to spread across this diverse yet complex continent, it has remained a difficult market to penetrate.

With this in mind, the IFN Africa Dialogue 2022 provided the perfect opportunity to reach the industry’s leaders in a convenient manner.

In collaboration with NGX, we gathered industry leaders to understand the latest developments and opportunities.

We began with a keynote address from Temi Popoola, Chief Executive Officer of the Nigerian Exchange. Patience Oniha, Secretary-General, Debt Management Office Nigeria then delivered an insightful presentation, which was followed by the Dialogue discussion entitled: Islamic & Sustainable Financial Services in Africa: A Golden Opportunity

WHAT THEY SAID

The efforts of IFN in bringing together sustainable elements in Islamic finance and in driving the panel discussion toward blitz-scaling the current efforts in Islamic finance were truly commendable. Over the course of the entire session, the focus was on identifying a common sustainability playbook in the existing Shariah compliant Islamic financial structure. During this session, we discussed the significance of regulators, market players and the trends influencing the implementation of ESG pillars for Islamic finance. Panel discussions concluded with discussions on strategies for driving and converging sustainability to Shariah compliant Islamic finance structures in the future.
The panel discussion on Islamic sustainable and responsible investing brought together a good blend of stakeholders from various aspects of the industry including Islamic finance, sustainable investing, ESG advisory, insurance, banking, legal and projects. This made the discussion very interesting and insightful, bringing different perspectives to the table.
This prestigious event carried out interesting discussions on the Islamic finance landscape in Saudi Arabia and provided business networking opportunities for industry stakeholders. The analytical insights shared by the panelists into the development, growth and challenges of its constituent sectors, including Islamic banking, Islamic capital markets, Waqf and Islamic fintech are thought-provoking. I congratulate the organizers for successfully hosting this event in the globally largest Islamic finance industry by asset size.
We enjoyed participation from lawyers, bankers, regulators and clients at IFN Dialogue Riyadh. The quality was impressive, thanks to the good reputation and skills of the organizers. Over time, these events make a difference; our industry adapts and changes because our professional community stays more coherent because of these events.
IFN has done it again. Getting together Islamic finance influencers to assure the free flow of ideas and information. This is how innovations in our field are born. Bringing in the financiers from GCC, Europe and Southeast Asia is a great recipe for the effective distribution of intellectual products. Kudos to the organizers for a perfectly assembled event

Dialogue Keynote

Temi Popoola

Temi Popoola

CEO, Nigerian Exchange
Temi Popoola
Temi Popoola
CEO, Nigerian Exchange

Temi Popoola is CEO of the Nigerian Exchange (NGX). He is a successful C-suite leader whose unique blend of business acumen, financial expertise, global market growth and operational insight has earned him a reputation built on verifiable career achievements.

A Wall Street-trained investment banker, Temi joins NGX from Renaissance Capital (Rencap) where he was the managing director and CEO for West Africa. He supported the continuous growth, profitability and success of the organization by providing strategic market insight and leadership. He led the transformation of Rencap in West Africa by diversifying the company’s revenue streams into fixed income, derivatives, structured products, debt financing and wealth management. In addition to influencing change across the organization, he was responsible for overseeing a global workforce, expanding foreign investor capital opportunities into West Africa and introducing enduring business processes and strategic initiatives.

Since his return to Nigeria in 2009, Temi has also worked with United Bank of Africa as the head of structured products for global markets, and with CSL Stockbrokers as the head of sales and trading. In both of these positions, he guided growth and advancement for investors across global markets, including South Africa, the UK, the Middle East and the US.

Temi began his career in London as a portfolio manager focused on African energy markets and worked for several years as a senior equity derivatives trader with Bank of America Securities in New York where he drove firm profitability by providing derivative solutions to US corporations and family offices.

Temi graduated with a first-class honors degree in chemical engineering from the University of Lagos and holds a Master’s degree from the Massachusetts Institute of Technology. He is a chartered financial analyst and a chartered stockbroker. He holds the Series 7 and 63 licensures.

Dialogues Speakers

Abdulkader Thomas

Abdulkader Thomas

Director, SHAPE Knowledge Services
Abdulkader Thomas
Abdulkader Thomas
Director, SHAPE Knowledge Services

Abdulkader Thomas is the president and CEO of SHAPE for Economic Consulting doing business as SHAPE Knowledge Services, Kuwait. Abdulkader has over 30 years of diversified financial services experience. Abdulkader’s background includes capital markets, real estate finance and trade finance. He has served in various international banks and dealt with the regulatory approval for Islamic products in different countries, and consults for and trains financial institutions, regulators, and businesses about Islamic finance.

Along with his team at SHAPE, Abdulkader works on projects that include launching de novo Islamic banks and Islamic banking windows, funds, Sukuk, regulations, policies and procedures including Shariah policies, Shariah compliance, product development and structuring.

Abdulkader is a member of the International Advisory Committee for Islamic Capital Markets at the Securities Commission of Malaysia.

A graduate of the Fletcher School of Law and Diplomacy in international trade, Abdulkader earned a Bachelor of Arts degree (Honors) in Arabic and Islamic studies from the University of Chicago.

Abdulkader is a frequent speaker on Islamic financial and banking matters. He has co-authored or edited several works in the field including ‘Structuring Islamic Financial Transactions’ with Stella Cox and Bryan Kraty (London: Euromoney, 2005), among others.

Dr Akeem Oyewale

Dr Akeem Oyewale

CEO, Marble Capital
Dr Akeem Oyewale
Dr Akeem Oyewale
CEO, Marble Capital

Dr Akeem Oyewale is CEO of Marble Capital and an Arthur Anderson scholar, and has over 20 years of extensive experience in investment banking, credit marketing, trade finance and sustainable finance. He managed the Stanbic IBTC Nigerian Equity Fund, Nigeria’s largest mutual fund at the time, and was responsible for the launch of the Stanbic IBTC Ethical Fund. He is a fellow of the Institute of Chartered Accountants of Nigeria, the Chartered Institute of Stockbrokers and the Chartered Institute of Bankers of Nigeria. He is also an associate of the Chartered Institute of Taxation of Nigeria. He was previously CEO of Stanbic IBTC Stockbrokers (Nigeria’s largest stockbroking firm), Stanbic IBTC Asset Management and Stanbic IBTC Nominees, all of the Standard Bank Group.

Dr Akeem holds a doctorate degree in management of technology and innovation from Da Vinci Institute in South Africa; an MBA from Manchester Business School in the UK; and a Bachelor of Science (Hons) degree in accounting from the University of Lagos. He is an alumnus of the Said Business School, University of Oxford and a certified impact investing expert from the Graduate School of Business, University of Cape Town. He also has a professional certificate in Islamic capital markets from International Centre for Education in Islamic Finance or INCEIF in Malaysia. He is currently a member of the Securities and Exchange Commission Financial Literacy Technical Committee.

Dr Hassan Suleiman

Dr Hassan Suleiman

Head of Economic Research and Policy Management, Securities and Exchange Commission, Nigeria
Dr Hassan Suleiman
Dr Hassan Suleiman
Head of Economic Research and Policy Management, Securities and Exchange Commission, Nigeria

Hassan H. Suleiman is currently the Head, Economic Research and Policy Management division under the office of the Chief Economist, Securities and Exchange Commission. Prior to that he was part of the Strategy Team from 2018 to 2021. Previous to that, he was Technical Assistant to the then Director General of the Securities and Exchange Commission.

Before joining the Commission in 2016, he was a lecturer in Economics at Bayero University Kano for over 12 years. He holds a PhD in Economics from Abertay University Dundee, United Kingdom. He also holds a Master of Science and a Bachelors’ Degree in Economics from Bayero University Kano Nigeria.

Kazeem Alimi

Kazeem Alimi

Head, Secondary Markets, Nigeria Exchange
Kazeem Alimi
Kazeem Alimi
Head, Secondary Markets, Nigeria Exchange

Kazeem is a Chartered Financial Analyst (CFA) who holds a Bachelor’s Degree in Economics from Olabisi Onabanjo University, Nigeria as well as a Master’s Degree in Finance from London Business School, United Kingdom.

Prior to joining NGX as the Head of Secondary Markets, he worked as Vice President, Investment Management with EDC Fund Management. His cumulative experience spans diverse areas of the Financial Services industry, and he brings to this role a rich and varied experience with competencies in Portfolio Management and Advisory, Financial and Investment Analysis, Stakeholder Engagement, Asset Management, Corporate Finance and Macro-Economic Analysis amongst other areas.

Patience Oniha

Patience Oniha

Secretary-General, Debt Management Office Nigeria
Patience Oniha
Patience Oniha
Secretary-General, Debt Management Office Nigeria

Patience Oniha is currently the director-general of the Debt Management Office (DMO), a position she assumed on the 1st July 2017. Prior to this, she had served as the director of the Market Development Department of the DMO (2008–15) and the pioneer head of the Efficiency Unit at the federal Ministry of Finance, Budget and National Planning (2015–17).

Patience has had a distinguished career in the banking sector, cutting across credit, marketing, investment banking and treasury and rose to the position of general manager at Standard Chartered Bank before making a career move to the public sector in June 2008.

Patience holds a Bachelor’s degree in economics (first class honors) from the University of Benin in Benin City in 1983 and a Master’s degree in finance from the University of Lagos in 1985. She is a fellow of the Institute of Chartered Accountants of Nigeria having qualified in 1989 and a member of the Chartered Institute of Taxation of Nigeria.

Patience is passionate about delivering solutions and results that propel institutions to higher levels. This drive has also been evident in the public sector where she introduced benchmark sovereign bonds leading to a domestic sovereign yield curve extending up to 30 years and has replicated the same in the international capital market through sovereign Eurobonds, among other achievements.

Dialogue Partners

IN PARTNERSHIP WITH

MULTILATERAL STRATEGIC PARTNERS

The Islamic Corporation for the Development of the Private Sector (ICD)

Visit Website
In The News

The Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral development financial institution and is part of the Islamic Development Bank (IDB) Group.

The ICD was established in November 1999 to support the economic development of its member countries through the provision of finance for private sector projects, promoting competition and entrepreneurship, providing advisory services to governments and private companies and encouraging cross-border investments.

The ICD has an authorized capital of US$4 billion. Currently, the shareholders of the ICD are the IDB (50%), 53 Islamic countries (30%) and five public financial institutions (20%).

ICD mandate and objectives

The ICD fosters sustainable economic growth in its 53 member countries by:

  • Financing private sector investment
  • Mobilizing capital in the international financial markets, and
  • Providing advisory services to business and governments.

The ICD selects the financing projects based on their contribution to economic development considering factors such as job creation, Islamic finance development, contribution to exports, etc. The ICD also provides advisory services to governments and private sector groups on policies designed to encourage the establishment, expansion and modernization of private enterprises, the development of capital markets, best management practices and to enhance the role of the market economy. The ICD operates to complement the activities of the IDB in member countries.

The ICD is rated ‘AA/FQ’ by Fitch Ratings, ‘Aa3/P-1’ by Moody’s Investors Service and ‘A+’ by Standard & Poor’s.

FOR MORE INFORMATION

Tel: (966-12) 6361400; (966-12) 6441644

Fax: (966-12) 644 4427

Email: [email protected]

Website: www.icd-ps.org

Visit Website In The News

The Islamic Corporation for The Insurance Of Investment And Export Credit (ICIEC)

Visit Website
In The News

Established 26 years ago in 1994 as a multilateral institution and a member of the Islamic Development Bank Group, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) was tasked to promote cross-border trade and foreign direct investments in its member countries.

The ICIEC’s mission is to make trade and investment between member countries and the world more secure through the Shariah compliant risk mitigation tool. Its vision is to be recognized as the preferred enabler of trade and investment for sustainable economic development in member countries.

The ICIEC is the only multilateral export credit and investment insurance corporation in the world that provides Shariah-compliant insurance and reinsurance solutions.

Today, the ICIEC supports trade and investment flows in 47 member countries spanning across Europe, Asia, the Middle East and Africa. Its target clients are corporates (both exporters and investors), banks and financial institutions as well as export credit agencies and insurers.

Visit Website In The News

International Islamic Trade Finance Corporation

Visit Website
In The News

The International Islamic Trade Finance Corporation (ITFC) is a member of the IDB Group. It was established with the purpose of advancing trade among OIC member countries, which would ultimately contribute to the overarching goal of improving the socioeconomic conditions of the people across the world. The ITFC commenced operations in January 2008 and has since consolidated all trade finance businesses that used to be handled by various windows within the IDB Group. Earning an ‘A1’ rating from Moody’s Investors Service reflects the ITFC’s efficiency in service delivery by responding swiftly to customer needs in a market-driven business environment.

Since 2008, the ITFC has provided more than US$40.2 billion of trade financing to OIC member countries, making it the leading provider of trade solutions for the needs of OIC member countries. With a mission of being a catalyst for trade development among OIC member countries and beyond, the ITFC helps entities in member countries gain better access to trade finance and provides them with the necessary trade-related capacity-building tools, which would enable them to successfully compete in the global market.

 

Contact us at:

Twitter: @ITFCCORP
Facebook: @ITFCCORP
Linkedin: International Islamic Trade Finance Corporation (ITFC)

Tel: +966 12 646 8337
Fax: +966 12 637 1064
E-mail: [email protected]
Website: http://www.itfc-idb.org/en

Visit Website In The News

IsDB Group Business Forum (THIQAH)

Visit Website
In The News

The Islamic Development Bank Group Business Forum (THIQAH) is the window of the IsDB Group that facilitates contact and coordination between entities concerned of the IsDB Group and private sector firms and related institutions in IsDB Group member countries. The main objective of THIQAH is to establish a unique platform for effective dialogue, cooperation and inclusive partnership for business leaders committed to partnering in promising investment opportunities. Through facilitation and catalyst roles, THIQAH will be leveraging the IsDB Group’s resources to offer necessary services and confidence to investors and to establish strategic partnerships with the leaders of the private sector. The primary focus will be on maximizing cross-border investment among member countries to be supported by IsDB Group’s financial products and services. (www.idbgbf.org)

Visit Website In The News

CONSULTANCY PARTNER

Redmoney Consulting

Visit Website
In The News

Launched in April 2021, Redmoney Consulting is a new and highly focused advisory firm focusing on global Islamic, Ethical, Responsible and Sustainable Finance. Redmoney Consulting is a logical extension of REDmoney Group, the Islamic finance industry’s leading media house with a truly global audience. In addition to Islamic finance, the Group has steadily increased its coverage of the green and sustainable finance sector as the two markets continue to converge. Redmoney Consulting provides an expansive service allowing its consultants to provide advisory and consulting services at the highest level for the most discerning of clients.

Visit Website In The News

In The News

IFN Monthly Review: February — Egypt’s Sukuk success

Egypt's long-awaited Sukuk have finally been issued and received overwhelming demand; Russia started implementing an Islamic finance experimental pilot project...

Continue Reading

Nigeria: Islamic finance garners strong governmental support

The Nigerian Islamic finance and banking industry, although nascent, has enjoyed strong support from the government, especially…

Continue Reading

Kenya: Islamic finance in the spotlight

East Africa’s largest economy with a Muslim population of approximately 5.2 million, Kenya, which is one of the region’s Islamic…

Continue Reading

South Africa: Tapping the Islamic finance market

South Africa, widely known for having the region’s second-largest economy by GDP and a pioneer in Islamic finance…

Continue Reading

Register For IFN Daily Alert

The Previous IFN Dialogues

Full details
Watch Online
Dialogues report
Full details
Watch Online
Dialogues report

About REDmoney Events

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, panellists 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.

The annual IFN Asia Forum has been the biggest event in the industry since its inception in 2006, attracting over 1,000 delegates annually. An annual line-up of Forums are also conducted across emerging markets and key jurisdictions. Included under REDmoney Events are the IFN Awards Ceremonies, which take place annually in Dubai and Kuala Lumpur, and attract more than 800 industry leaders.

For any inquiries contact us

Our team will be glad to answer any questions you may have about this event.

Contact Us

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]

Our Publications

  • Islamic Finance news
  • IFN Halal Finance
  • UK Islamic Finance
  • IFN Fintech

Recent Tweets

  • Join IFN Infrastructure & Project Finance Dialogues in Riyadh to explore the opportunities, challenges and strategi… https://t.co/xBBpGqeKzK21 hours ago
  • Join us for IFN Qatar Dialogues 2023, where we will be discussing the latest trends and opportunities in the financ… https://t.co/vbBjbfQNWu21 hours ago

Instagram Photos

The private sector has a crucial role to play in a The private sector has a crucial role to play in addressing the funding gap for infrastructure development. Join IFN Infrastructure & Project Finance Dialogues in Riyadh to explore the opportunities, challenges and strategies of using Islamic finance to meet infrastructure needs. 
 
Register now: https://lnkd.in/gjgvyvE8 
 
#Redmoney #IFN #IslamicFinance #KSA
Join us for IFN Qatar Dialogues 2023, where we wil Join us for IFN Qatar Dialogues 2023, where we will be discussing the latest trends and opportunities in the finance industry. 
 
Click on the link to check out the agenda: https://lnkd.in/gh5Ce6k4
 
#Redmoney #IFN #IslamicFinance #Qatar #QFC Qatar Financial Centre (QFC) Authority
Iraqi Islamic Bank for Investment & Development pa Iraqi Islamic Bank for Investment & Development partners with MSA Novo to support start-ups and develop the digital landscape in Iraq. Their new tech fund focuses on core logistics, payments infrastructure layers, consumer tech platforms and enterprise enablers.

https://lnkd.in/d43EsPNK

#REDmoney #IFN #IslamicFinance #IIB #MSANovo #YAGCapital #Iraq
CBDCs may have adverse macroeconomic consequences, CBDCs may have adverse macroeconomic consequences, particularly for Islamic banking systems. The IMF warns of deposit disintermediation and liquidity risk in its latest working paper. Central banks need a multifaceted approach to manage these risks.

https://lnkd.in/gUaBxSE2

#REDmoney #IFN #IslamicFinance #CBDCs #IslamicBanking #IMF
Andrew Sheng, Chief Advisor to the China Banking a Andrew Sheng, Chief Advisor to the China Banking and Insurance Regulatory Commission, shares insights on the need to explore equity-based Shariah compliant mechanisms for a sustainable financial ecosystem.

Brought to you by Cagamas Berhad

Check out the full podcast to learn more:
https://lnkd.in/gwYYa_8y

https://lnkd.in/griqde4P

#REDmoney #IFN #IslamicFinance #Sustainability #EquityBasedFinance #Cagamas
The private sector has a crucial role to play in a The private sector has a crucial role to play in addressing the funding gap for infrastructure development. Join IFN Infrastructure & Project Finance Dialogues in Riyadh to explore the opportunities, challenges and strategies of using Islamic finance to meet infrastructure needs. 

Register now: https://redmoneyevents.com/event/ifn-infrastructure-project-finance-dialogues-2023/ 

#Redmoney #IFN #IslamicFinance
  • Home
  • Past Forums
  • Past Seminars
  • Contact us
  • About Us