About The Forum
The 4th IFN Africa Forum will be held in the biggest market on the continent for Islamic financial services.
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 Forum provides the perfect opportunity to meet the industry’s leaders in one setting.
In collaboration with the Nigerian Exchange Group, we will gather the region’s leading regulators and industry participants along with those with expertise in penetrating the African Islamic finance industry to understand the latest developments and opportunities.
An Introduction to 2022
2022 – READY TO REBOOT
The past two years have been difficult for many. For the first time in almost a century, the world ground to a halt, meaning minimal physical interaction, and a shuddering halt to B2B events as we knew them.
At REDmoney, we went online, building a new platform allowing us to deliver virtual events to our readers and followers around the world. And, although OnAir events don’t allow for face-to-face meetings and that personal interaction we all enjoy, there’s very much a place for them moving forwards, and this is recognized through the IFN OnAir Roadshow visiting a series of key markets in 2022.
However, with the opening of core markets and people returning to offices, we’re delighted to announce our 2022 physical Forum line-up too.
And, with our exclusive OnAir platform and the REDmoney.live portal, all physical forums will also be aired live to a global audience. This means larger audiences and greater participation, which is great news for all involved.
We begin with our coveted Awards Ceremonies in Dubai and Kuala Lumpur, serving their respective markets, followed by events in Nigeria, United Arab Emirates, United Kingdom, Malaysia, Indonesia, Oman, and Saudi Arabia.
9.00 – 9.15
9.15 – 10.15
Islamic Sustainable Finance & Investment Opportunities on the African Continent
With low-carbon, clean and renewable energy driving financial innovation, and with Nigeria seeing its first green Sukuk issuance in 2021, what role will Islamic finance and investment continue to play in the continental transition to net-zero? What steps should regional governments, standards setters and regulators take to align sustainable finance and investment with the collective challenges being addressed, such as limiting climate change, improving quality of life, and eradicating poverty? What role do African financial institutions and investors play in this process, and what scope is there for the development of financing and investment products that satisfy both green and Islamic credentials?
10.15 – 11.15
Access to Capital: The African Islamic Corporate Finance and Credit Markets
With Sovereign Sukuk playing a leading role in African Islamic capital raising, what are the prospects for Islamic capital markets in the coming year? How is Sukuk financing infrastructure development on the continent, and is there scope for this to be expanded? Will regulatory capital raising exercises by Islamic financial institutions drive the market, and when will we see meaningful sub-Sovereign and corporate Sukuk issuance? 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? Finally, how can smaller companies access vital capital, and what Shariah complaint options are on offer for the SME sector?
11.15 – 11.45
Coffee & Networking
11.45 – 12.45
Developing Islamic Financial Technology & Digital Solutions in Africa
With technology creating innovative digital financial offerings and driving important initiatives such as financial inclusion, 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 disruption in the coming year, and what of important activities such as microfinance? What is the likelihood of the emergence of a regional or pan-African Islamic digital bank and what would this mean for the continental banking market? Finally, how will important tools such as equity crowdfunding and peer-to-peer lending transform early and later stage corporate funding, and what steps should regulators take to drive this exciting sector?Panelists:
Bessem Soua, Division Manager, Sun-Saharan Africa and Europe, The Islamic Corporation for the Insurance of Investment and Export Credit
Mohammed Alyami, Director, Development Effectiveness Department, The Islamic Corporation for the Development of the Private
12.45 – 13.45
Shariah Compliant Investment Opportunities, Products and Structures
What is the evolution of Shariah compliant collective investment products available to investors, pension-holders and savers in Africa? What form and structures are collective investment schemes taking, which demographics need to be better served and how significant are regulations allowing pension fund administrators to operate non-interest pension fund categories? 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 for such direct investment on the continent? Finally, what Shariah compliant investment opportunities are on offer for infrastructure development and in which important sectors?
Bessem SouaDivision Manager, Sub-Saharan Africa and Europe, The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and Islamic Development Bank (IsDB) Group
Dr Mohammed AlyamiDirector, Development Effectiveness Department, the Islamic Corporation for the Development of the Private Sector
Bukola Akinyele-YisauReporter/Anchor, Islamic Finance Weekly, Proshare
Mohamoud DualehCo-founder, HAL Capital
Pierre Alexandre LetteThe head of Islamic financial product development, Banque Islamique Du Senegal
In The News
The Previous IFN Africa Forum
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Watch previous forum
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, 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.