9.30 – 11.30
Dialogue One: Global Shariah Compliant Asset Management and Islamic Capital-Raising
- Inflation, a rising interest rate environment and the implications for potential issuers of Islamic capital market products.
- What do these factors also mean for the outlook of the global Shariah compliant investment community?
- Evolving Shariah compliant fund and collective investment schemes; ETFs, Sukuk, leasing and trade finance funds.
- The outlook for Shariah compliant direct real estate investment and private equity.
- Beyond listed Sukuk: what are the opportunities presented by the private placement market?
- What options do hybrid or combination Sukuk offer issuers, particularly in asset-heavy industries such as oil and gas, and aviation?
- 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?
- Developing the global Sukuk market: regulation, hedging, risk and liquidity management instruments.
- Pertinent operational issues for the Islamic capital markets: solutions surrounding the transition to risk-free rates.
- Latest thinking on the application of the Murabahah structure to capital markets, with relevance to AAOIFI standards.
- With the demise of LIBOR, is SOFR a good alternative for the Islamic capital market?
- The potential for regional issuance hubs.
Mohammed Paracha, Head of Middle East, Norton Rose FulbrightPanelists:
Ahsan Ali, Managing Director and Head, Islamic Origination, Standard Chartered Saadiq
Aijaz Hussain, EVP Sales and Director, UIF Corp
Basheer Ahmad, Senior Manager, Dubai Financial Services Authority
Faisal Hasan, Chief Investment Officer, Al Mal Capital
Ismail Dadabhoy, Advisor, International Islamic Financial Market
Dr John Sandwick, General Manager, Safa Investment Services
Lo’ai Bataineh, CEO, Ominvest International Holding-DIFC
Dr Mohamed Damak, Senior Director, Global Head of Islamic Finance, S&P Global Ratings
Sayf Shuqair, Senior Associate, King & Spalding
Dr Vladimir Malenko, Managing Director, FairFin OÜ
11.30 – 12.00
Coffee and Networking
12.00 – 14.00
Dialogue Two: Islamic Sustainable and Responsible Investing
- Opportunity knocks: the dazzling global prospects for Islamic sustainable finance and investment.
- Important considerations in the development of efficacious Islamic sustainable investment products.
- Understanding the structure and benefits of transition, sustainable and sustainability-linked investment products.
- Managing important sustainable investment regulatory, reporting and disclosure requirements for issuers and investors.
- Fit for purpose: measuring the long-term benefit of green and sustainable financial investments and avoiding the issue of greenwashing.
- Stress-testing credit and investment portfolios for climate risk, and the role of regulators.
- With ESG and sustainability continuing to grow in Islamic capital market issuance, when will we see the measurement of impact?
- Are sufficient issuers engaging with independent, third parties to measure green, sustainable and social credentials?
- Are tax environments in the GCC less conducive toward green issuances?
Cassim Docrat, Director, DDCAPPanelists:
Aditya Shah, Head of Circular Economy Investments, Creek Capital
Anita Wieja-Caruba, Associate Director, Strategy, Policy and Risk, Dubai Financial Services Authority
Aruna Narayanan, Senior Advisor Sustainability and ESG, The Partnerships Advisory
Asal Saghari, Counsel, King & Spalding
Jessica Robinson, Senior Advisor, ESG, Deloitte
Khalid Al Kayed, CEO, Bank Nizwa
Khurram Waheed, Managing Director, Corporate Finance, Dalma Capital
Raphael Fofana, Underwriter, Structured Finance and Sovereign Investments, The Islamic Corporation for the Insurance of Investment and Export Credit
Sharafudheen Razi, Environmental, Social and Governance Analyst, GSM Holdings
14.00 – 14.45
14.45 – 16.45
Dialogue Three: Digital Assets, Digitalization and the Evolution of 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 Saudi Arabia?
- Does digitalization allow us to better address issues such as product authenticity and the minimization of uncertainty?
- Is the success of neobanks inevitable, and how will they change the market?
- How will the development, provision and distribution of digital Islamic financial services evolve in the near-term?
- How are global regulators creating an environment for the enhancement of the Islamic financial services’ sector digital infrastructure?
- Beyond retail: developing and distributing effective and attractive suites of Shariah compliant digital wealth management, investment and insurance solutions.
- The development of systems and software for Islamic banks: driving scale, integrity and efficiency.
- The tangible benefits of peer-to-peer lending and equity crowdfunding: how these key technologies can be further applied to today’s banking and financial markets.
- The evolution of robo-advisory and digital investment managers: threat to or opportunity for incumbent money managers?
- How are Stablecoins, non-fungible tokens, utility tokens, equity tokens and other digital assets being applied to global financial markets?
- What is the potential for new and structured products based on cryptocurrencies for the global market: ETFs and complex leverage mechanisms such as DeFi?
Vineeta Tan, Managing Editor, Islamic Finance newsPanelists:
Dr Farrukh Habib, Co-Founder, Alif Technologies
Khalid Howladar, Chairman, Marhaba Decentralized Finance
Nabil Issa, Managing Partner – Middle East Offices, King & Spalding
Paula Tavangar, Portfolio Manager, SwissBorg
Salam Slim, Director, Digital Core Lead, Global Banking Practice, Oracle