08:00 – 09:15
Registration and Refreshments
09:15 – 09:20
Opening Remarks
Ng Nam Sin, Assistant Managing Director, Monetary Authority of Singapore
09:20 – 09:30
Welcome Address
Professor Yeo Tiong Min, Dean of the School of Law, Singapore Management University
09:30 – 10:15
Session One: Islamic Finance in Singapore: Laying the Groundwork for Long Term Growth
- Developing Singapore’s key competitive advantages in the Islamic finance space: Innovation, depth of investor flow and a diversified investor base
- Can Singapore effectively position itself as a crucial international link for cross border Islamic financing
- Examining notable issues in 2012 and why they succeeded: Sabana REIT Convertible Sukuk, Golden Sukuk
- Capitalizing on growth in emerging markets and greater access to these new markets
- Building on regulatory efforts in pursuing investment flows from the Middle East
- How can market players facilitate further trade and investment flows with key global trading partners
Andrew White, Associate Professor of Law & Director, International Islamic Law & Finance Centre, Singapore Management University
Panelists:Ariff Sultan, Regional Director (Asia), Ideal Ratings
Mohammad Kamran Wajid, Chief Executive Officer, Emirates NBD Capital
Nazmi Camalxaman, Assistant Vice President, Corporate Client Solutions (Middle East), Group Islamic Banking Division, CIMB
Wasim Akhtar Saifi, Global Head of Islamic Banking & Chief Executive Officer, Standard Chartered Saadiq
10:15 – 10:45
Case Study - Sabana REIT S$80 million Convertible Sukuk Al Ijarah
Gregory Man, Senior Associate, Clifford Chance
Suhaimi Zainul-Abidin, Partner, Allen & Gledhill
10:45 – 11:15
Break & Networking
11:15 – 12:00
Session Two: Singapore's Role in Facilitating Cross Border Islamic Investments as a Key to Sustainable Growth
- What international investors are looking for in cross border Islamic investments
- Role of market players and regulators in creating cross border demand in the debt and equity markets
- Utilising Singapore’s expertise in wealth management to reach a global base of high net worth Muslim clients
- Recent regulatory and tax measures to promote cross border Islamic investments
- Leveraging emerging opportunities in cross border Sukuk through project and infrastructure financing
- Taking the success of Islamic REITs across borders
- Examining the crucial issue of Shariah compliance is cross border financing
Nazneen Halim, Editor, Islamic Finance news
Panelists:Alhami Mohd Abdan, Head, International Finance & Capital Market, OCBC Al-Amin Bank
Etsuaki Yoshida, Director & Senior Economist, The Japan Bank for International Cooperation
Gregory Man, Senior Associate, Clifford Chance
Nicholas Edmondes, Partner, Trowers & Hamlins
12:00 – 13:00
Lunch
13:00 – 13:30
Case Study: Brunei Gas Carriers (BGC) US$170 million Ijarah Project Financing
Ferzana Haq, Of Counsel, Norton Rose
Shawn Er, Senior Associate, Watson, Farley & Williams
13:30 – 14:15
Session Three: Opportunities and Challenges in Developing Islamic Asset and Fund Management Products in Singapore
- Assessing the potential of emerging alternative asset classes in Singapore
- Exploring new opportunities and trends in Islamic asset and fund management – Social impact investing and ‘ethical’ funds
- Growth of private investment funds and wealth management
- Market outlook for Islamic exchange traded funds and private equity funds
Etsuaki Yoshida, Director & Senior Economist, The Japan Bank for International Cooperation
Panelists:Barry Williams, Vice President, APAC Global Services, State Street
Mohd Kamal Mokhtar, Shariah Advisor, SHAPE Financial
Suhaimi Zainul-Abidin, Partner, Allen & Gledhill
14:15 – 14:30
Case Study: Golden Agri-Resources Ltd's 15-Year Sukuk Murabahah Programme of up to RM5 billion (US$1.637 billion)
Yazit Yusuff, Director & Head of Islamic Banking, OSK Investment Bank (a subsidiary of RHB Capital)
14:30 – 15:15
Session Four: Facilitating Shariah Compliant Investment Flows Through Innovative Investment Products and Structures
- Latest developments in structuring Shariah compliant hedging and derivatives: Islamic profit rate swaps and cross currency swaps
- Recent tax and regulatory measures and IIFM/ISDA standards facilitating Shariah compliant investment products in Singapore
- Is there a market for i-ETFs and what further development can be expected for i-REITs in Singapore
- The outlook for liquidity management products and instruments: Commodity Murabahah, Islamic repo and other money market products
- How Islamic finance structures can facilitate funding infrastructure development in Asia
Ariff Sultan, Regional Director (Asia), IdealRatings
Panelists:Aishath Muneeza, Head of Islamic Finance, Capital Market Development Authority, Maldives
Daniel Cookson, Senior Associate, Clifford Chance
Daniyal Mufti, Senior Counsel, Dar Al Sharia
Rajiv Vishwanathan, Associate Director, Corporate Ratings, Standard & Poor’s
Yeo Wico, Partner, Allen & Gledhill
15:15 – 16:00
Networking
