27th September 2022, EQ, Kuala Lumpur
#IFNASIA2022
WE ARE GOING LIVE IN
750 / Available Seats
About The Forum
The IFN Asia Forum is the region’s largest Islamic finance gathering. An annual ‘must attend’ business event for Islamic finance professionals from around the world, IFN Asia is a confluence of the brightest and most influential personalities of the industry, bringing quality and relevant discussions to the stage and invaluable networking opportunities.
Asia is recognized by the world as the bastion of Islamic finance housing the world’s most populous Muslim nation and largest Islamic finance market. With the support of regulators and multilateral Islamic finance organizations, the 17th IFN Asia Forum will take place at the heart of Islamic finance in the region, Kuala Lumpur.
As the center of Islamic capital-raising activities by volume and its diversity of instruments and issuers, the Forum will embody themes exploring Shariah financing through the banking and capital markets from both the perspectives of issuers and facilitators.
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.
#IFNFORUMS2022
Forum Agenda
9.10 – 9.20
Keynote Address
9.20 – 10.45
Leaders’ Question Time: The State of the Industry
We pose a series of high-level strategic questions to senior representatives of Islamic financial services industry. How can Islamic finance and investment create a genuinely competitive advantage in key areas such as retail, commercial, corporate banking and wealth management? Are there inhibitions and limitations the industry needs to acknowledge and overcome? Does Islamic finance want to become mainstream, or are we content with the plausible alternative label? What’s really working in financial technology, and who ultimately benefits: financial institutions, consumers, or both? Is the success of neo-banks inevitable, and how will they change the market? Having witnessed the remarkable growth of ESG and sustainable finance, on reflection, are there things Islamic finance could have done differently?
10.45 – 11.15
Coffee & Networking
11.15 – 12.15
The New Paradigm of Marketplace Financing: Digitalization of Islamic Capital Markets and Investment Management
How has regulation and promotion of regional Islamic crowdfunding and peer-to-peer lending platforms created opportunities for the joint ownership of Shariah compliant assets and investment projects? What does the growth of digital investment management (DIM) platforms and robo-advisory mean for investment managers, and what new opportunities are available for Shariah compliant savers and investors? How is technology simplifying the Sukuk issuance process, while at the same time increasing investor access? What are the potential uses and applications of digital assets in Malaysia’s financial markets today? How are digital assets bought, sold, listed and traded, and what roles do exchanges and intermediaries play? How are Initial Coin Offerings, Initial Exchange Offerings, Stablecoins, Non-Fungible Tokens, utility tokens and equity tokens potentially applied to financial products and markets? What are the key risks and issues surrounding digital assets and what is the role of regulators in the development of an efficient digital marketplace in the region? We ask an expert panel.
12.15 – 13.15
Contemporary Islamic Capital Markets: Fit for Purpose
What represents innovation in the contemporary Sukuk market: pioneering structures, sourcing underliers, and the transition from ESG to Impact? What options do hybrid or combination Sukuk offer issuers, particularly in asset heavy industries such as oil and gas, and aviation, and why have such structures been so successful in the Gulf? How do Tier-1 and Tier-2 Sukuk offer financial institutions a flexible, efficient and user-friendly way of satisfying regulatory capital requirements, and what do perpetual Sukuk structures offer such issuers? How has innovation been incorporated into project and infrastructure finance, particularly regarding concession agreements, cash contributions and investor protection? With ESG and sustainability continuing to grow in the Islamic capital markets issuance, when will we see the measurement of impact? Are sufficient issuers engaging with independent, third parties to measure green, sustainable and social credentials? With the demise of LIBOR, is SOFR a good alternative for the Islamic Capital Market? We seek the views of an expert panel.
Panelist:Nitish Bhojnagarwala, Vice President – Senior Credit Officer, Financial Institutions Group, Moody’s Investors Service
13.15 – 14.15
Coffee & Networking
14.15 – 15.45
Technology Roundtable: Digitalization and the Evolution of Southeast Asian Islamic Financial Services
The digitalization of Islamic financial services: what is working, what is viable, and what is not? What do the answers to these questions mean for the evolution of Islamic financial services in Southeast Asia? With five neo-banking licenses in Malaysia, how will the development, provision and distribution of digital Islamic financial services evolve in the near-term? What measures would assist domestic Islamic banks in the further digitalization of Islamic retail, commercial, Takaful and pension offerings? How else can governments and regulators facilitate the modernization and digital transformation in the Islamic financial sector today? What are notable milestones and achievements in the development of systems and software for Islamic banks and financial institutions? What technology is available to help Islamic financial institutions drive scale, integrity, efficiency and ultimately profitability? Finally, is technology being fully utilized to address key customer concerns surrounding authenticity and the minimization of uncertainty? We ask an expert panel.
Panelist:William Dale, Commercial Director, Mambu APAC
15.45 – 16.45
Islamic Social Finance: Offering Relief, Creating Opportunities and Improving Lives
What is social finance, why is it important and how can Islamic financial institutions play a significant role in its growth and development? In a post-pandemic world, what does social finance offer in terms of relief and renewal, and what real-life examples are there of this in practice? How can social Sukuk be used to support enterprise, entrepreneurship and job creation, as well as healthcare and education? What has worked towards these goals in other countries and what can be learnt from these achievements? How can Islamic social finance be deployed to assist with liquidity and funding for the vital SME sector? Can Islamic social finance play a role in the evermore consequential issue of food security, simultaneously helping the underprivileged and micro-enterprises? With such goals in mind, how do we design effective models and strategies, offer innovative products and measure the impact of these important initiatives?
Panelist:Dr Mohamed Eskandar Shah, Associate Professor, Managing Editor of World Scientific Annual Review of Islamic Finance.
Forum Keynotes
Forum Speakers
Dr Mohamed Eskandar Shah
Associate Professor, Managing Editor of World Scientific Annual Review of Islamic Finance.Assoc Prof Dr Mohamed Eskandar Shah Mohd Rasid is currently an Associate Professor at the College of Islamic Studies, HBKU Qatar Foundation. He holds a PhD in Finance from the University of Nottingham, United Kingdom. He also has a Master in International Economics and Finance from the University of Queensland, Australia and a Bachelor in Business Administration (Finance) from International Islamic University Malaysia (IIUM).
Before joining HBKU, Dr Eskandar was an Associate Professor and Associate Dean of the School of Graduate and Professional Studies at the International Centre for Education in Islamic Finance (INCEIF), a postgraduate university specialising in Islamic Finance, established by Bank Negara Malaysia. He was also an Assistant Professor at the Department of Finance, Kulliyah of Economics and Management Sciences, IIUM. During his doctoral studies, he worked as a Tutor at the University of Nottingham and Lecturer at Nottingham Trent International College, United Kingdom. Before the current position, he was also the Dean of School of Graduate Studies (SGS), Deputy Director of BNP Paribas Centre of Islamic Asset and Wealth Management (CIAWM) and Treasurer of Malaysian Finance Association (MFA).
His primary teaching and research interests are in Corporate Finance, Portfolio Management and Islamic Capital Market. He has published articles in several top-tier journals and participated in conferences as an invited speaker, panellist and paper presenter. Dr Eskandar is a regular speaker/trainer for many conferences and executive education. He is the Managing Editor for the World Scientific Annual Review of Islamic Finance and an Associate Editor for the Turkish Journal of Islamic Economics (TUJISE), International Journal of Islamic and Middle Eastern Finance (IJIMEF) and Asian Academy of Management Journal of Accounting and Finance (AAMJAF).
Dr Eskandar was a Financial Sector Specialist Consultant for World Bank and Advisor for Brunei Institute of Leadership and Islamic Finance (BILIF), Brunei. He was involved in several consultancy projects with government agencies and financial institutions such as the Ministry of Energy, Malaysia, Afghanistan Ministry of Finance, CIMB Islamic Bank, Responsible Finance Institute (RFI), and ZICO Shariah Advisory.
Nitish Bhojnagarwala
Vice President – Senior Credit Officer, Financial Institutions Group, Moody's Investors ServiceNitish Bhojnagarwala is a vice-president–senior credit officer with Moody’s Financial Institutions Group. Based in Dubai, Nitish covers a portfolio of large conventional as well as Islamic financial institutions in the Middle East, Africa and Turkey.
Nitish joined Moody’s in 2011, and has led Sukuk roundtables and conducted workshops on banking and Islamic finance at various conferences in the Middle East, Europe and Asia. Nitish has also authored several research pieces, with a focus on regional banking, credit issues and issuer-in-depths for conventional as well as Islamic banks.
Prior to joining Moody’s, Nitish spent five years at Tamweel in the Treasury. He has also worked for KPMG in the UAE, where he covered financial institutions. Nitish holds an MBA from S P Jain Institute of Management & Research, with a major in finance (investment banking).
William Dale
Commercial Director, Mambu APACWill is Commercial Director for Mambu APAC, responsible for driving the growth of the business across the APAC region. During his time at Mambu, Will has worked with a broad range of businesses, including neo-banks, established tier 1 banks and other fintechs and financial services institutions who now rely on the Mambu platform to provide banking, lending and BPaaS services for their customers. Will brings 20 years of financial services expertise. During his career, he has managed large enterprise transformation projects and now leverages this experience to advise businesses on technology architecture design, business models and consumer product strategy.
Advisory Board
Dr Aishath Muneeza
Chairman, Ayady Takaful Shariah Board and Chairman, Shariah Board of Allied InvestmentAssociate Professor Dr Aishath Muneeza of the International Centre for Education in Islamic Finance is one of the key founders of Islamic finance in the Maldives. She is the first female deputy minister of the Ministry of Islamic Affairs and the first chairperson of the Hajj Pilgrimage Fund of the Maldives. She was also the former deputy minister for the Ministry of Finance & Treasury of the Republic of Maldives. Currently, she is the chairperson of the Maldives Centre for Islamic Finance.
Dr Aishath has published books and numerous articles on Islamic finance and her research areas include legal studies and corporate governance applicable to Islamic finance. She was instrumental in the structuring of various pioneering offerings in the Maldives including the first corporate Sukuk, sovereign private Sukuk, Islamic treasury instruments and the country’s first Islamic microfinance scheme, among others.
Dr Aishath also holds the position of chairperson in three different in-house Shariah committees. She is the chairperson of the Shariah Advisory Council of the Capital Market Regulatory Authority of the Maldives since 2011. She is a registered Shariah advisor at Securities Commission Malaysia.
Muhammad Ikram Thowfeek
Founder and Chief Ethical Officer MIT Global GroupMuhammad Ikram Thowfeek is one of the very rare and unique Islamic finance personalities in the industry. Teaching Islamic finance on various topics is his passion and he has taught more than 5,000 Islamic finance students globally over the last three decades. He is a chartered accountant by profession and an Islamic banker and ethical entrepreneur by practice. He is equipped with more than 30 years of practical experience and exposure in a 40-plus-year-old Islamic finance industry.
Muhammad Ikram is also a setting-up strategist, having set up six prominent Islamic banks and Islamic financial institutions in the world from scratch. He is also an author, a career coach, a prominent speaker in international Islamic finance forums and most importantly, a humble and a simple human being.
Forum Partners
LEAD PARTNER
CIMB Islamic
CIMB Islamic Bank, licensed under Malaysia’s Islamic Financial Services Act 2013, is the main operating entity of the CIMB Group’s global Islamic banking and finance franchise. It operates in parallel with the group’s universal banking platform where it offers Shariah compliant products and services to the group’s wholesale banking, consumer banking, commercial banking and asset management businesses.
CIMB Islamic’s products and operations are managed in strict compliance with Shariah principles under the guidance of the CIMB Islamic Board Shariah Committee, which comprises some of the world’s leading Shariah experts or scholars. CIMB Islamic provides comprehensive and innovative Shariah compliant financial products and services to meet the needs of individuals, small and medium-scale enterprises as well as large institutional customers.
CIMB Group’s Islamic banking and finance business is supported by the group’s network of over 39,000 staff in 16 countries comprising an experienced senior management team and a global team of Islamic banking and financial services professionals in all core components of the Islamic banking and financial services market. CIMB Group also has the most extensive retail branch network in ASEAN, with more than 900 branches as at the 31st December 2016. Outside of Malaysia, CIMB Islamic operates a universal offering in Indonesia and Singapore with a focus in wholesale banking in the other 14 countries.
MULTILATERAL STRATEGIC PARTNERS
The Islamic Corporation for the Development of the Private Sector (ICD)
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
The Islamic Corporation for The Insurance Of Investment And Export Credit (ICIEC)
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.
International Islamic Trade Finance Corporation
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
IsDB Group Business Forum (THIQAH)
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)
PARTNERS
DDCAP Group
Founded in 1998 and headquartered in London, with an office in Dubai and a presence in both Saudi Arabia and Malaysia, DDCAP is a leading provider of asset facilitation services and financial technology and system solutions across a diverse range of Shariah compliant products, asset classes and instruments in both the primary and secondary markets. DDCAP’s wholly-owned subsidiaries include DD&Co and DDGI. DDCAP has an extensive track record within the Islamic finance industry, employing over 35 professionals with broad and complementary skill sets drawn from diverse financial industry backgrounds, focused principally on providing service to Islamic financial market participants around the world. DDCAP has its own Shariah supervisory board comprising esteemed Shariah scholars from Saudi Arabia, Malaysia and Kuwait. DDCAP’s multi-award-winning Shariah compliant ETHOS Asset Facilitation Platform is a bespoke, real-time trade and post-trade services platform providing 24-hour coverage, enabling clients worldwide to purchase from a diverse asset inventory, including commodities, via a secure, web-based portal.
Eiger
Eiger Trading Advisors (Eiger) is a UK-based asset-trading and technology company founded in 2008, which specializes as an intermediary in Islamic financial products.
As a leading intermediary and technology provider within the commodity Murabahah space, Eiger has the unique capabilities to deliver Shariah compliant commodity trading solutions through the Eiger Trading Platform (ETP), a web-based trading system, that we tailor to our bank clients’ exact operational requirements.
The ETP automates the structuring and execution of Islamic banking products for wholesale and retail commodity-backed transactions, including two new enhanced modules:
- ETP Retail – A 24/7 STP platform designed to automate the end-to-end commodity Murabahah transactions underpinning retail banking products such as deposits, loans, CASA, credit cards
- ETP Client Reach – A bespoke middle and back office module designed to streamline Islamic treasury and derivative transactions, including execution and documentation with our clients’ clients.
Eiger is authorized and regulated by the UK’s Financial Conduct Authority, and is both a member of the London Metal Exchange and an associate of the London Platinum and Palladium Market.
Emirates NBD Capital
Emirates NBD, the leading banking group in the region, was formed on the 19th June 1963, when the late Sheikh Rashid Saeed Al Maktoum signed the Charter of Incorporation of the National Bank of Dubai (NBD) which became the first national bank established in Dubai and the UAE. With the blessings of Sheikh Mohammed Rashid Al Maktoum, the vice-president and prime minister of the UAE and the ruler of Dubai, the NBD merged with Emirates Bank International (EBI) on the 6th March 2007 to form Emirates NBD, the largest banking group in the region by assets.
On the 16th October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market. The merger between EBI and the NBD to create Emirates NBD became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth-largest banks in the UAE to form a banking champion capable of delivering enhanced value across corporate, retail, private, Islamic and investment banking throughout the region.
In 2013, Emirates NBD celebrated its 50th anniversary, marking the group’s outstanding achievements while highlighting the bank’s solid historical and financial foundations as well as its promising future.
As at the 31st December 2018, total assets were AED500.3 billion (US$136.19 billion). The group has a significant retail banking franchise in the UAE and is a key participant in the global digital banking industry, with over 90% of all financial transactions and requests conducted outside of its branches. The bank was declared the ‘Most Innovative Financial Services Organization of the Year’ at the 2017 BAI Global Innovation Awards. The bank currently has 230 branches and 1,069 ATMs and SDMs [smart deposit machines] in the UAE and overseas and a large social media following, being the only bank in the Middle East ranked among the top 20 in the ‘Power 100 Social Media Rankings’, compiled by The Financial Brand.
The group has operations in the UAE, the Kingdom of Saudi Arabia, Egypt, India, Singapore, the UK and representative offices in China and Indonesia. On the 8th November 2017, it opened operations in Mumbai, India. The Mumbai branch marks Emirates NBD’s fifth international branch outside of its UAE network.
The group is an active participant and supporter of the UAE’s main development and community initiatives, in close alignment with the UAE government’s strategies, including financial literacy and advocacy for inclusion of people with disabilities under its #TogetherLimitless platform. The Emirates NBD Group is an official premier partner of Expo 2020 Dubai.
Preservation of the UAE culture and heritage is at the heart of the group and in addition to supporting various initiatives that aim to preserve the UAE culture, Emirates NBD launched in 2003 the first pearl museum in the region containing the largest collection of natural pearls in the GCC. The Emirates NBD Pearl Museum is a gift from the late Sultan Al Owais, the founder of the NBD, to the people of the UAE to remind them of their culture and heritage before the discovery of oil.
Currently, more than 9,000 people, representing 70 nationalities, are employed by Emirates NBD, making it one of the largest and most culturally diversified employers in the UAE. As a national banking champion, Emirates NBD is an ambassador of economic and social progress for the entire UAE to the world.
IdealRatings
IdealRatings was incorporated in 2006 in San Francisco with a corporate objective to provide SRI/ESG and Shariah compliant solutions to ethical investors and enable them to identify such instruments across different asset classes in the global market. IdealRatings serves clients in over 30 countries with a range of capital market solutions including:
- Equities – A web-based platform covering over 40,000 stocks, where fund managers can screen equities using different, custom-built ESG/SRI/Responsible Investments and Shariah rulebooks or guidelines. This solution caters to different purification calculation methodologies with a comprehensive set of reports for fund managers to manage their portfolio.
- REITs – Global coverage of all listed REITs that could be screened in accordance with different standard Shariah rulebooks or guidelines.
- Indexes – Co-branded and jointly marketed by FTSE-Russell Indexes and a separate series with Thomson Reuters for the global markets, designed for fund management and investment benchmarking. In addition, IdealRatings is able to provide custom-built indexes for the fund management industry.
- Sukuk – A unique solution which includes the global Sukuk and a pioneering Sukuk-screening solution that enables fund managers to customize their Sukuk selection in accordance to their Shariah rulebook, guidelines or investment preference, and
- Brokerage – The solution provides broking houses the ability to screen global equity markets, a technical analysis of the markets and equities, buy/sell/hold recommendations and purification amounts.
Mambu
Mambu launched in 2011 with the aim of enabling free access to modern financial services for all. The only true SaaS cloud banking platform, Mambu’s unique composable approach allows for the flexible assembly of independent components and systems to fit the exact needs of your business and customers. The Mambu team of 900 is spread across the globe and supports over 200 customers in 65 countries.
Moody’s Investors Service
Moody’s is a global risk assessment firm that empowers organizations to make better decisions. Its data, analytical solutions and insights help decision-makers identify opportunities and manage the risks of doing business with others. We believe that greater transparency, more informed decisions and fair access to information open the door to shared progress.
Norton Rose Fulbright
Norton Rose Fulbright is a global law firm. Our Islamic finance lawyers have long-standing experience in delivering pioneering legal advice on Islamic finance transactions for Islamic financial institutions, conventional banks and corporates worldwide.
With more than 30 years of experience in Islamic finance law, our lawyers have a wealth of knowledge across a range of Shariah compliant structures, including market-leading experience in Sukuk transactions, Murabahah, Istisnah, Ijarah and Musharakah financings and Takaful deals.
As well as having significant transactional experience, our lawyers regularly advise clients on Shariah governance matters, including advising the government of Dubai on the creation of the first standard code of practice for Islamic finance law, marking the first Islamic law code of practice to be standardized in a legislative framework.
Based in the world’s economic hubs and key Islamic finance centers across the Middle East, Europe, the US, Canada, Latin America, Asia, Australia and Africa, our lawyers provide legal advice to governments worldwide on legislation concerning Islamic finance products.
S&P Dow Jones Indices
S&P Dow Jones Indices (S&P DJI) is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has become home to over one million indices across the spectrum of asset classes that have helped define the way investors measure and trade the markets.
S&P DJI has the longest history of providing Islamic market indices since the launch of DJIM World Index, the world’s first Shariah compliant benchmark in 1999. In 2006, the Dow Jones Sukuk Index was launched, which became the first index to track the performance of global Islamic fixed income securities.
Nowadays, S&P DJI offers two highly visible and widely used index families for Shariah compliant investors: The DJ Islamic Market (DJIM) Indices and S&P Shariah Indices. The two index families include thousands of broad-market, blue-chip, fixed-income and strategy and thematic indices that have passed rules-based screens for Shariah compliance and are the most visible and widely-used set of Shariah compliant benchmarks in the world. A majority of the largest asset managers in the Middle East, Southeast Asia as well as major banks/asset managers in Europe and the US that serve a Shariah clientele utilize S&P DJI to construct Shariah compliant investment strategies.
S&P DJI is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/.
LUNCHEON SPONSOR
CONSULTANCY PARTNER
Redmoney Consulting
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.
LUNCHEON SPONSOR
CONSULTANCY PARTNER
Redmoney Consulting
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.
In The News
Malaysia: Driven by strong infrastructure
Malaysia’s robust Islamic banking and finance industry is largely a result of the government, the regulators and the market players working closely…
Singapore: A strong potential for Islamic finance growth
Known for having a resilient economy and strong financial fundamentals with ample government backing, the Republic of Singapore, whose multicultural…
Indonesia: A strong growth outlook
Indonesia is one of the top Islamic finance jurisdictions in the world, with strong governmental support and a thriving Halal ecosystem. NESSREEN TAMANO writes an overview of Shariah…
The Previous IFN Asia Forum
View previous webpage
Read post event report
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.
For any inquiries contact us
Our team will be glad to answer any questions you may have about this event.
