09:00 – 09:05
Opening Remarks
09:05 – 09:15
Welcome Remarks
Chaaban Omran – CEO, Islamic Financial Services Council of Australia (IFSCA)
09:15 – 09:30
Keynote Address
Professor Dr John Hewson – Board Member, IBA Group (former Opposition Leader of Australia)
09:30 – 10:20
Shariah Compliant Investment Opportunities in Australia: Where do we stand now?
- Australian regulatory constraints and entry barriers hampering the growth of Islamic financial products and services
- Vexed taxation and compliance issues facing the nascent industry in Australia and other countries with Muslim minorities
- Why competition remains a real problem for many Islamic finance providers operating either as mortgage brokers or tightly controlled financial intermediaries without the ability to raise funds in the money market.
Muzzammil Dhedhy – COO, Hejaz Financial Services
Panelists:Dr Abul Khair Jalaluddin – Director, Islamic Financial Services Council of Australia (IFSCA)
Almir Colan – Director, Australian Centre for Islamic Finance
Dale Rayner – Partner, King & Wood Mallesons
Professor Dr John Hewson – Board Member, IBA Group (former Opposition Leader of Australia)
10:20 – 10:30
Presentation: Responsible Islamic Finance in Australia
Chaaban Omran – CEO, Islamic Financial Services Council of Australia (IFSCA)
10:30 – 11:00
Coffee Break
11:00 – 11:50
Portfolio Construction and The Importance of Diversification
Moderator:
Mohamed Hage – Head of Research and Investments, CPG Research and Advisory Pty Ltd
Panelists:Anthony Wamsteker – Chairman, IBA Group
Ariff Sultan – Regional Director – Asia, IdealRatings Inc
Hakan Ozyon – CEO, Hejaz Financial Services and Senior Portfolio Manager, Global Ethical Fund
Hilton Wood – Chief Representative Officer, Doha Bank, Australia
Issam Eid – Portfolio Manager, Sigma Funds Management
Dr Rashid Raashed – Chief, Sharia’h Audit Executives (SAE) and Board Member, Islamic bank Australia Project/IBA Group
11:50 – 12:20
Presentation: Further Growth and Opportunity in Shariah Compliant Investment Funds and Superannuation
- Current Economic conditions and demand for Islamic financial products.
- Difference between Islamic and conventional funds from the industry perspective.
- Dynamic Global opportunities for funds with Ethical and Sharia overlay.
Hakan Ozyon – CEO, Hejaz Financial Services and Senior Portfolio Manager, Global Ethical Fund
12:20 – 12:30
Presentation: Islamic Banking and Finance in Australia; A dynamic Alternative to their Conventional Peers
Dr Rashid Raashed – Chief, Sharia’h Audit Executives (SAE) and Board Member, Islamic bank Australia Project/IBA Group
12:30 – 13:30
Islamic Real Estate Investment, Property and Construction Finance
- Indicative of greater Islamic investment interest in the Australian property market, the year saw the arrival of leading ethical real estate.
- Also, broader interest in the Australian real estate market from a number of other Middle East and Southeast Asian investors, and further Shariah compliant property transactions, particularly in the commercial property space, are expected.
Mahanoor Hassan Khan – Operations Manager, Islamic Cooperative Finance Australia Ltd
Panelists:Ariff Sultan – Regional Director – Asia, IdealRatings Inc
Chaaban Omran – CEO, Islamic Financial Services Council of Australia (IFSCA)
Christopher Aylward – Partner, Banking and Finance, Madison Marcus
Dr Imran Lum – Director, Islamic Capital Markets, National Australia Bank
Dr Muhammad M Khan – CEO, Halal Australia
13:30 – 14:30
Networking
14:30
End