COURSE BACKGROUND
REDmoney Group’s latest offering, IFN Seminars, takes Islamic finance to new and developing markets and tackles the industry’s most innovative and imperative topics. These high-level, practitioner-led events offer practical insights on technical and strategic aspects of Islamic finance to dealmakers, regulators and intermediaries in core and developing Shariah-compliant markets. Leveraging on our highly regarded Forums and Training courses, these seminars offer the same exceptional quality of speakers in a small-group setting allowing delegates the opportunity to interact with our panel of highly experienced industry leaders in an event format that is intended to provide comprehensive knowledge on the very latest issues and trends.
Highlights
- How to raise Hong Kong’s rank in Islamic finance space and capitalize on the opportunities at hand
- Sukuk proposition, structuring process and the types
- Hong Kong’s Sukuk-enabling legal and regulatory framework
- Sukuk: A perfect answer to China’s planned infrastructure financing funds
- Practical considerations for Islamic asset funds – a look at the existing and potential for the new
Why Islamic Finance and why Hong Kong?
Hong Kong is one of the world’s fastest-growing major economies with an average annualized growth rate of 10% over the last three decades. For generations the territory has been viewed as an important gateway into the People’s Republic of China (PRC), and in more recent times, for Islamic finance. Significantly, changes to legislation have allowed for the issuance of Hong Kong’s first sovereign Sukuk - US$1billion issuance in 2014 - which created an important international benchmark. Hong Kong recently announced its second sovereign Sukuk, thereby demonstrating significant governmental support to Islamic finance industry in Greater China.
MEDIA PARTNERS
For enquiries please contact:
Normariya Sariman
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44
Ramesh Kalimuthu
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810
For sponsorship & speaking opportunities:
Andrew Tebbutt
Managing Director
[email protected]
Direct Line: +603 2162 7802
For marketing and media enquiries
Govina Selvanthran
Marketing Manager
[email protected]
Direct Line: +603 2162 7800 ext 22
If you are looking for an in-house training program or wish to send a group to an existing public program, kindly please contact Andrew Tebbutt at [email protected] or +603 2162 7802.
Learn More
MEDIA PARTNERS
AGENDA
9:00 – 9:20
Keynote Address
- Current regulatory framework promoting Islamic finance activities in Hong Kong
- Initiatives by the HKMA in developing Islamic finance in Hong Kong
Enoch Fung – Head of Market Development Division, Hong Kong Monetary Authority (HKMA)
9:20 – 10:20
A Review of Islamic Finance in Key Markets Globally and Hong Kong’s Unique Position
- Which specific markets in Asia, the GCC and Europe are thriving and what is driving growth?
- What further market activity can we expect from new and mature Islamic financial markets?
- How is Hong Kong positioned to manage China’s developing Islamic investment market?
- What specific roles can Hong Kong market players and regulators play in tapping the imminent opportunities China will offer Islamic issuers and investors?
- Which industries and asset classes in particular should Islamic finance market makers be focused on?
Raja Teh Maimunah – Chief Executive Officer, Hong Leong Islamic Bank, Malaysia
10:20 – 10:50
Opportunities for Greater China in the Global Islamic Capital Market
- What is driving the push for Islamic finance in Hong Kong and what opportunities are available to market players?
- What role will Hong Kong and the mainland respectively play in developing Islamic finance products?
- Which Shariah compliant products are likely to meet the needs of the Hong Kong and Chinese markets and how will these be developed?
Davide Barzilai – Partner, Norton Rose Fulbright, Hong Kong
10:50 – 11:20
Coffee & Networking
11:20 – 11:40
What is Driving the Interest in Islamic Finance from the Mainland Chinese Market?
What is China looking for in developing their Islamic finance market? Which markets are mainland investors interested in and why is there an increased drive to tap Islamic money?
Abdullah Han – Director, Al Sadiq Consulting, China
11:40 – 12:20
Raising Funds in the Current Economic Environment: Sukuk and Alternative Funding Tools
- What is the appeal of increasingly popular structures such as perpetual, covered and convertible Sukuk amongst corporate issuers?
- What new trends are likely to develop in Shariah compliant capital raising?
- Which capital raising methods are best suited to the Greater China market?
- Widening investor appeal of corporate Sukuk: A look at ratings and inclusion on Shariah indices
- Tradability of Sukuk: Activity on secondary markets
Mohamad Safri Shahul Hamid – Senior Managing Director & Deputy Chief Executive Officer, CIMB Islamic
12:20 – 13:30
Luncheon
13:30 – 14:15
Sukuk: Structures and Regulatory Guidelines
- The Sukuk structuring process: What can be done to navigate the legal and regulatory environment in Greater China?
- Commonly used and innovative Sukuk structures
- Legal and regulatory framework for Sukuk for Greater China issuers
- What makes Sukuk compliant with Islamic law?
Gregory Man – Partner, Norton Rose Fulbright, United Arab Emirates
14:15 – 14:30
Role of Shariah Indices in Broadening the Investor Base for Sukuk
Michele Leung – Director, Fixed Income Indices, S&P Dow Jones Indices
14:15 – 14:30
HK Tax Structures available to Potential Sukuk Issuers and Fund Managers in Hong Kong and the PRC
Florence Yip – Asia Pacific Asset Management Group Tax Leader, PwC
14:50 – 15:30
A Review of the Islamic Asset Management Market
- Shariah principles governing Islamic Investment Funds
- Performance of Shariah equity and Fixed income funds in Asia
- Which Shariah compliant investment products will meet the demand of the mainland Chinese market? What makes Islamic mutual funds stand out in the market?
- MRF-linked funds and similar initiatives: What opportunities exist in taking Islamic mutual funds across the border?
15:30 – 15:45
Shariah Considerations in Sukuk and Other Islamic Transactions
Amirali Nasir – Founding Principal, Nasirs
Chairman, Islamic Finance Working Party, Law Society of Hong Kong
15:45 – 16:15
Panel Discussion: Islamic Finance in Hong Kong: The Way Forward
- As an international financial, trade and shipping center and the leading offshore RMB business center, how can Hong Kong capitalize on the increased trade between China and Muslim-majority countries?
- Growing investors’ appetite for Islamic investment instruments in Greater China
- Outlook for Islamic project and commodity transactions in the City
Sally Wong – Chief Executive Officer, Hong Kong Investment Funds Association
16:15 – 16:45
Coffee & Networking
SPEAKERS
Abdullah Han
Senior Partner, Al-Sadiq ConsultingAmirali Bakirali Nasir
Founder principal, NASIRSDavide Barzilai
Partner, Norton RoseEnoch Fung
Head of Market Development (Monetary Management), Hong Kong Monetary AuthorityFlorence Yip
Asia Pacific Asset Management Group Tax Leader, PwCGregory Man
Partner, Norton Rose Fulbright (Middle East)Michele Leung
Director, Fixed Income Indices, S&P Dow Jones IndicesMohamad Safri Shahul Hamid
Senior Managing Director & Deputy CEO, CIMB IslamicRaja Teh Maimunah
Managing Director/Chief Executive Officer, Hong Leong Islamic BankWhat to expect?
- The one-day seminar will address the opportunities and tackle the value propositions Islamic finance presents for Hong Kong and Greater China
- Engaging and lively presentations from over ten world-renowned Islamic finance experts
- Discuss the recent Sovereign Sukuk activity and what it means for capital raising in Greater China
- Discover the potential and practical considerations of developing Islamic fund products
Why you should attend?
Given the determination of the Hong Kong’s government towards the inaugural and subsequent Sukuk issue, the potential of the People’s Republic of China’s population and the blossoming relationship between PRC and the developing Islamic financial markets, this REDmoney Seminar comes at an opportune time. Should you be involved in capital raising in Hong Kong, whether from the viewpoint of an issuer, regulator, consultant, book runner or arranger then this one day seminar has something for you. Use this opportunity to assess the potential and growth of Islamic finance in one of the fastest growing economies in the world, and understand the key issues inherent to the structure and use of Islamic finance products in China and beyond.
For enquiries please contact:
Normariya Sariman
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44
Ramesh Kalimuthu
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810
For sponsorship & speaking opportunities:
Andrew Tebbutt
Managing Director
[email protected]
Direct Line: +603 2162 7802
For marketing and media enquiries
Govina Selvanthran
Marketing Manager
[email protected]
Direct Line: +603 2162 7800 ext 22
If you are looking for an in-house training program or wish to send a group to an existing public program, kindly please contact Andrew Tebbutt at [email protected] or +603 2162 7802.
Learn More