9.15 – 9.20
9.20 – 9.30
Dr Arief Wibisono, Assistant of Minister Financial Services and Capital Markets, Ministry of Finance
9.30 – 11.15
Dialogue One: Driving Indonesia’s Economy - The Role of Islamic Financial Markets
- What is a realistic assessment of today’s Shariah compliant capital and financial markets in Indonesia?
- How does the domestic regulatory environment allow for the growth of the Indonesian Islamic capital markets?
- Could amendments be made to capital markets regulations, or could more be done by regulators? If so, what form would this evolution take?
- Are Indonesia’s Shariah compliant financial institutions in a favorable position in terms of liquidity and ongoing projects?
- Developing the Islamic capital market in Indonesia: increasing market depth and liquidity, driving product innovation, and widening the investor base
- Funding routes for Indonesian corporates: Islamic capital markets versus bank funding
- How can Shariah compliant structures be further applied to the funding of projects and infrastructure in Indonesia?
- How can Shariah compliant transition, sustainable and sustainability linked finance and investment products be further incorporated into the Indonesian market?
- Are current tax and operational cost incentives sufficient to develop and grow a sustainable Islamic capital market? Which regulatory frameworks have been successful in the development of such schemes?
- How do we continue to develop the process of measuring impact from green and sustainable issuance? What tools are available for issuers and investors for this purpose?
Vineeta Tan, Managing Editor and Director, Islamic Finance newsPanelists:
Ahsan Ali, Managing Director and Head, Islamic Origination, Standard Chartered Saadiq
Dr Ali Fallahi, Country Economist, Regional Indonesian Hub, Islamic Development Bank
Dien Sukmarini, Senior Analyst, Directorate of Capital Market and Islamic Capital Market Development, Otoritas Jasa Keuangan – The Financial Services Authority of Indonesia
Dwi Irianti Hadiningdyah, Director of Islamic Financing, Directorate General of Budget Financing and Risk Management, Ministry of Finance
Elias Moubarak, Partner, Trowers & Hamlins
Ezra Nazula, Chief Investment Officer, Fixed Income, PT Manulife Aset Manajemen Indonesia
Dr Fadlul Imansyah, Chief of Executive Board, Badan Pengelola Keuangan Haji
Irwan Abdalloh, Head of Islamic Capital Market Division, Indonesia Stock Exchange
Dr Sapta Nirwandar, Chairman, Indonesia Halal Lifestyle Center
11.15 – 11:45
11.45 – 14.00
Dialogue Two: Achieving National Objectives through Shariah Banking and the Halal Economy - Innovation, Transformation and Digitalization
- How do we continue to develop financial architecture as a platform for the creation and support of new Islamic financial services and Halal Economy focused businesses in Indonesia?
- How does the domestic prudential banking regulatory environment allow for the growth of the Indonesian Shariah banking sector?
- How are Indonesia’s Shariah banks positioned in terms of liquidity and asset growth?
- What other funding options are open to Indonesian Islamic banks, and what liquidity management tools are available?
- How is digitalization transforming Islamic financial services and helping Halal Economy focused businesses in Indonesia?
- The new equilibrium for Islamic digital finance: transforming CX/UX, reducing cost, and delivering profitability
- Is it feasible to require Islamic banks in Indonesia to incorporate ESG frameworks as part of a wider Shariah banking philosophy?
- How can Shariah compliant banking be applied to social impact initiatives in Indonesia, such as financial inclusion, education, housing, health, culture and well-being?
- What represents an effective ecosystem for the development of the Halal economy in Indonesia?
- What regulatory environment is conducive for the growth of Halal ecosystems, infrastructure and value and supply chains?
- Where do Shariah compliant corporate, trade finance, forex, treasury and investment products play a role in the financing and development of the Halal economy?
- How are Islamic financial institutions positioning themselves to serve the corporate and SME sector, and what programs and initiatives are in place?
Dr Sutan Emir Hidayat, Director of Islamic Economy Supporting Ecosystem, National Committee for Islamic Economy and FinancePanelists:
Afdhal Aliasar, Director – Halal Product Industry, National Committee for Islamic Economy and Finance
Bung Aldilla, Head of Sharia Consumer, CIMB Niaga
Erwin Noekman, Executive Director, Asosiasi Asuransi Syariah Indonesia (Indonesian Takaful Association)
Farouk Abdullah Alwyni, Chairman, Center for Islamic Studies in Finance, Economics, and Development (CISFED) and Vice Rector, Binawan University
Hakan Ozyon, CEO, Hejaz Financial Services
Dr Hurriyah El Islamy, CEO and Founder, HGC Firm
Dr Lisa Listiana, Founder, Waqf Center for Indonesian Development and Studies
Lusiana Saleh, Head of Digital Banking, Branchless and Partnership, CIMB Niaga
Associate Professor Dr Murniati Mukhlisin, Founder, Tazkia Halal Center