09:00 – 09:15
Keynote Address
Sheikh Dr. Mohamed Ali Elgar
09:15 – 09:30
Keynote Address
Khaled Al Aboodi, CEO, Islamic Corporation for the Development of the Private Sector
09:30 – 10:15
The New Environment for Shariah Compliant Investment in Saudi Arabia
- KSA’s new financial regulatory structure and its impact on economic growth
- Effect of oil economics on the Islamic banking and capital market sector
- What will a new KSA growth strategy look like for foreign banks and intermediaries?
- Impact of CMA’s corporate debt market reform on Sukuk issuances and investment
- The role of standards and global regulation in developing Islamic finance in Saudi Arabia
James Stull — Partner, King & Spalding
Panelists:Dr. Hamed Hassan Merah — Secretary General, AAOIFI
Khaled AlAkeel — Head of Islamic Financial Services, SABB
Muhammad Currim Oozeer — Deputy CEO, Sidra Capital
10:15 – 10:40
Onstage Interview : Paving the Way Forward for Islamic Finance in Global Markets
Interviewer : Jawad Ali, Managing Partner, Middle East Offices, King & Spalding
Interviewees :
Khaled Al Aboodi, CEO, Islamic Corporation for the Development of the Private Sector
Prof Dr. Rifaat Ahmed Abdelkarim, CEO, International Islamic Liquidity Corp
10:40 – 11.10
Coffee & Networking
11.10 – 12:05
Project Finance and Capital-Raising: State of the Market
As an increasing number of non-traditional Sukuk issuers begin to assess the inclusion of Sukuk in their monetary policies and with infrastructure spending in developing countries set to reach US $1 trillion per year, much has been said about the use of Sukuk in financing infrastructure projects.
- Considerations for debut issuers in Saudi Arabia
- Market trends from a product, structuring and pricing perspective
- What is driving the surge of Islamic capital raising in the KSA?
- What’s in the global pipeline for infrastructure and project Sukuk? Where are we likely to see future mega-deals?
- How will the current economic climate and commodity prices impact how infrastructure deals are done?
- Saudi investments in the energy Sukuk market
Lawrence Oliver — Deputy CEO, DDCAP, United Kingdom
Panelists:Hidayathullah Baig — Head of Project & Structured Finance, Al Rajhi Bank, Saudi Arabia
Mahmoud Abdel-Baky — Of Counsel, Dentons Saudi Arabia
Mansoor Durrani — Senior Vice President & Head of Project Finance, National Commercial Bank, Saudi Arabia
Qudeer Latif — Partner & Global Head of Islamic Finance Practice, Clifford Chance
12:05 – 12:20
Presentation : Opportunities in Shariah-compliant Trade Finance
Nabil Marc Abdul Massih, CEO, INOKS Capital
12:20 – 13:45
Luncheon
13:45 – 14:30
Outlook for Treasury and Liquidity Products
- New structures and trends
- Opportunities and limitations in the QFI framework
- The use of global Islamic commodity platforms in liquidity management
Abdulkader Thomas — CEO, SHAPE Financial
Panelists:Lawrence Oliver — Deputy CEO, DDCAP, United Kingdom
Dr Sami Al-Suwailem — Head, Financial Product Development Center, the IDB
Tom Guest — Head of Global Marketing, Eiger Trading Advisors
14:30 – 15:45
Islamic Asset Management
- Will a QFI license become a game-changer for fund managers in the region?
- Looking beyond petrochemicals: Investment opportunities in high potential sectors and asset classes: Construction, aviation, healthcare, real estate and education
- New players and product offerings in the Islamic asset management space
- What effect will KSA’s new investment regulations have on fund managers in the region and how will the asset management landscape evolve?
- How will global markets be affected by recently repatriated assets by Saudi Arabia?
Nabil Issa — Partner, King & Spalding
Panelists:Bishr Shiblaq — Partner and Head of Middle East Office, Arendt & Medernach, UAE
Monem Salam — President, Saturna Malaysia
Walid Bin Ghaith — General Manager Asset Management and Chief Investment Officer, Al-Jazira Capital, Saudi Arabia
Zaheeruddin Khalid — Managing Director- Asset Management and Chief Investment Officer, Jadwa Investment, Saudi Arabia
15:45 – 16:15
Investments in Global Real Estate
- Investment into the UK, Europe and the US
- Outlook for investments in the GCC
- Return expectation on income generating properties in key real estate markets
- Outlook for income generating assets vs. Development assets
- Asset backed vs asset based investments
Ali Al Hashimi — Managing Partner, Global Advocates, UAE
Panelists:Chris Combs — Executive Vice-President, Head of Product Development and Distribution, Gatehouse Bank
Jean Philippe Besse — Founder, Parisian Real Estate Advisor
Robin Williamson — Managing Director, Real Estate Financial Advisory and Head of Financial Advisory, Saudi Arabia Deloitte Transaction Services
16:15 – 16:45
Coffee & Networking
16:45
End of the Forum