Abdulkadir Abbas
Deputy Director, Securities and Exchange Commission
IFN AFRICAN ROADSHOW 2019 18th June 2019, Lagos 20th June 2019, InterContinental Nairobi 24th June 2019, Cape Town
Six Days 18th - 24th June 2019
Three Countries Nigeria, Kenya and South Africa
ONE CONTINENT Africa
Attendees 300
IFN African Roadshow 2019
Africa was the first continent into which Islam spread from SE Asia and is now home to almost one-third of the world’s Muslim population. Although interest in Islamic finance continues to spread across this diverse yet complex continent, it has remained a difficult market to penetrate. With this in mind, IFN will organize the inaugural IFN African Roadshow taking in three of the most likely markets to see Shariah compliant financing flourish in the coming years.
IFN NIGERIA FORUM 2019
With its Sukuk aspirations finally realized in 2017 and its only Islamic bank receiving an international operating license, Nigeria has a lot to offer to the global Islamic finance industry. The African nation has been steadily giving stiff competition to its neighbors like South Africa, Uganda and Djibouti on the Shariah front and with its debut sovereign Sukuk, Nigeria sealed its place at the top of the regional Islamic finance league.
On the 18th June 2019, join IFN as it convenes industry experts and decision-makers at its inaugural IFN Nigeria Forum to discuss the challenges and opportunities in the Nigerian Islamic finance market.
Date 18th June 2019
Venue Eko Hotels & Suites, Lagos
09:00
Welcome Address
Jude Chiemeka, Divisional Head, Trading Business, Nigeria Stock Exchange
09:15
Keynote Address
Harnessing the Islamic Finance Sector for Infrastructure Development and Economic Growth:
Abdulkadir Abbas, Deputy Director, Securities and Exchange Commission
09:35
Islamic Finance, Investment, Banking and Takaful in Nigeria
Nigeria is the second- largest OIC economy; nevertheless, the sustained low oil price has impacted its economy. With a growing Islamic finance sector and the stability of the gGovernment, there is immense potential for sustainable growth. Through a respected panel, we take a look at developments in regulation, banking, capital markets, investment management and Takaful and theits impact onto the Nigerian economy. In addition, we assess the success of its debut sovereign Sukuk and the opportunities for Islamic finance in the region.
Moderator:
Ahsan Ali, Head of Islamic Origination, Standard Chartered Bank
Panelists:
Abdulkadir Abbas, Deputy Director, Securities and Exchange Commission
Jude Chiemeka, Divisional Head, Trading Business, Nigerian Stock Exchange
Patience Oniha, Director General, Debt Management Office
Umara Farouk Amina, Head, Research & Strategy Management, National Pension Commission
10:45
Interview
Interviewee: Patience Oniha, Director General, Debt Management Office
Interviewer: Marc Roussot, Senior Journalist and Multimedia Editor, Islamic Finance News
11:00
Coffee & Networking
11:30
Corporate Financing and Capital Raising in Nigeria: What does Islamic Finance offer?
We ask leading capital market professionals to discuss the prospects for domestic and regional capital and Sukuk markets in the coming months. What structures and asset classes will find favor with issuers and investors? We examine distribution, ratings and credit enhancement measures and identify other factors facing issuers in the Nigerian capital market. What challenges still exist within domestic taxation and regulatory frameworks and how can these be addressed? Finally, what do Sukuk offer West African sovereign, multilateral and supranational issuers?
Moderator:
Adeola Sunmola, Partner, Udo Udoma & Belo Osagie
Panelists:
Hajara Adeola, Managing Director/CEO, Lotus Capital
Oluseun Olatidoye, Head, Debt Capital Markets, FBNQuest Merchant Bank
Shuaib Audu, Executive Director, Stanbic IBTC Asset Management
Vivien Shobo, Managing Director, Agusto & Co
12:30
Recent Developments in International Islamic Financing and Sukuk Markets
Ahsan Ali, Head of Islamic Origination, Standard Chartered Bank
12:45
Funding Infrastructure and Social Welfare Requirements in West Africa
We discuss public–private partnerships, financing structures as well as opportunities in active sectors.
Moderator:
Jubril Salaudeen, COO, Citiserve
Panelists:
Aig Imoukhuede, Head, Capital Markets Coronation Merchant Bank
Bashir Sharif Isyaku, Head, North-west Regional Tax Audit, Federal Inland Revenue Service, Kano
Ummahani Ahmad Amin, Principal Attorney, The Metropolitan Law Firm
13:30
Lunch & Networking
Adeola Sunmola
Partner, Udo Udoma & Belo Osagie
Ahsan Ali
Head of Islamic Origination, Standard Chartered Bank
Aig Imoukhuede
Head, Capital Markets Coronation Merchant Bank
Bashir Sharif Isyaku
Head, North-west Regional Tax Audit, Federal Inland Revenue Service, Kano
Hajara Adeola
Managing Director/CEO, Lotus Capital
Jubril Salaudeen
COO, Citiserve
Jude Chiemeka
Divisional Head, Trading Business, Nigerian Stock Exchange
Marc Roussot
Senior Journalist and Multimedia Editor, Islamic Finance News
Oluseun Olatidoye
Head, Debt Capital Markets, FBNQuest Merchant Bank
Patience Oniha
Director General, Debt Management Office
Shuaib Audu
Executive Director, Stanbic IBTC Asset Management
Umara Farouk Amina
Head, Research & Strategy Management, National Pension Commission
Ummahani Ahmad Amin
Principal Attorney, The Metropolitan Law Firm
Vivien Shobo
Managing Director, Agusto & Co
Recent Developments in International Islamic Financing and Sukuk Markets
Ahsan Ali, Head of Islamic Origination, Standard Chartered Bank
Hajara Adeola
Managing Director/CEO, Lotus Capital
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IFN KENYA FORUM 2019
Hailed as the new frontier for Islamic finance, Africa – where a quarter of the world’s Muslim population call home – is a land fertile with opportunities.
In recent years, the continent has seen promising developments in the Islamic finance space: country and regional authorities are pushing for new regulations to facilitate Shariah compliant transactions; new financial institutions offering Islamic products are emerging; foreign banks are establishing an African presence primarily to tap the Muslim population; and more African sovereigns are making their mark in the Sukuk space.
And it is truly an exciting time for Islamic finance in Kenya. On the back of this vibrant landscape, IFN is delighted to return to one of the fastest-growing Islamic finance markets in the region. The IFN Kenya Forum will gather leading market practitioners and regulators from across the region to discuss and debate the most pressing issues of the industry.
Date 20th June 2019
Venue InterContinental Nairobi
09:00
Welcome Remarks
09:30
Opportunities for Islamic Finance, Banking and Investment in Kenya and East Africa
We discuss key ideas, issues and themes influencing Islamic finance, banking and investment in Kenya and the region. What will offer opportunity and what will disrupt and what role will Islamic finance play in the development of social inclusion and the achievement of the UN Sustainable Development Goals in East Africa? What of new regulatory measures designed to boost domestic Islamic finance activity and what else is needed to grow capital markets, investment management, banking and Takaful?
Moderator:
Tego Wolasa, Retail and Product Development Manager, KCB Sahl Bank
Panelists:
Ahsan Ali, Head of Islamic Origination, Standard Chartered Bank
Claire Matheson Kirton, Partner, White & Case
Justus Agoti, Senior Researcher, Capital Markets Authority
10:30
Coffee & Networking
11:00
Corporate Financing, Capital-Raising and Projects in Kenya: What does Islamic and Responsible Finance offer?
We ask a respected panel to discuss the prospects for domestic and regional capital and Sukuk markets. What structures and asset classes will find favor with issuers and investors? We examine key factors facing issuers and projects in the Kenyan and East African markets: what challenges still exist within domestic taxation and regulatory frameworks and how can these be addressed? What does Islamic finance offer East African sovereign, multilateral and supranational issuers as well as PPP [public–private partnership] and infrastructure projects? Finally, what are the opportunities for Islamic and ethical finance to fund and cooperate with sustainable and responsible projects in key sectors such as energy, education, healthcare and agriculture?
Moderator:
Rahma Hersi, Partner, Gateway
Panelists:
Ahsan Ali, Head of Islamic Origination, Standard Chartered Bank
Jean-Pierre Labuschagne
Mohamed Ali Maawy, Director of Business Development, iFinancial Management
Nicole Gichuhi, Senior Associate, Anjarwalla & Khanna
Victor Nikiiri, Capital Markets Development Specialist, FSD Africa
12:00
Keynote Address: Pensions in Kenya - Opportunities for Shariah Compliant Options
Nzomo Mutuku, CEO, Retirement Benefits Authority
12:20
Recent Developments in International Islamic Financing and Sukuk Markets
Ahsan Ali, Head of Islamic Origination, Standard Chartered Bank
12:35
Nurturing Digitization and Financial Technology in Kenya and Promoting Financial Inclusion in East Africa
Through an expert panel we discuss the role of technology in the Kenyan financial services industry, and assess the latest developments in platforms, products and delivery channels across a wide spectrum of financial services. What do blockchain and smart contracts offer Islamic financial institutions, intermediaries and end-users, and what solutions are on offer to serve retail and SME sectors in particular? How can technology drive and promote financial inclusion in Kenya?
Moderator:
Tego Wolasa, Retail and Product Development Manager, KCB Sahl Bank
Panelists:
Ali Hussein, Principal, AHK & Associates
David Cracknell, Director, First Principles Consulting
Declan Magero, Founding Partner, Afrinet Capital
Joel Macharia, Founder and CEO, Abacus Kenya
13:15
End of Forum and Networking Luncheon
Ahsan Ali
Head of Islamic Origination, Standard Chartered Bank
Ali Hussein
Principal, AHK & Associates
Claire Matheson Kirton
Partner, White & Case
David Cracknell
Director, First Principles Consulting
Declan Magero
Founding Partner, Afrinet Capital
Jean-Pierre Labuschagne
Joel Macharia
Founder and CEO, Abacus Kenya
Justus Agoti
Senior Researcher, Capital Markets Authority
Mohamed Ali Maawy
Director of Business Development, iFinancial Management
Nicole Gichuhi
Senior Associate, Anjarwalla & Khanna
Nzomo Mutuku
CEO, Retirement Benefits Authority
Rahma Hersi
Partner, Gateway
Tego Wolasa
Retail and Product Development Manager – KCB Sahl Bank
Victor Nikiiri
Capital Markets Development Specialist, FSD Africa
Recent Developments in International Islamic Financing and Sukuk Markets
Ahsan Ali, Head of Islamic Origination, Standard Chartered Bank
Aziza Ebrahim
Advisor to CEO, Oasis Crescent
Baha Osman
Managing Director, Osman Consulting
Hajara Adeola
Managing Director/CEO, Lotus Capital
Mona Doshi
Partner, Anjarwalla & Khanna
Mohamed Ali Maawy
Director of Business Development, iFinancial Management
Mubarak Elegbede
Manager, Trade Finance Department, International Islamic Trade Finance Corporation (ITFC)
Saad Rahman
Group Managing Partner, Amani Partners
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IFN SOUTH AFRICA FORUM 2019
Among the African countries that are increasingly permeating the global Islamic finance industry, South Africa is a prominent game-changer.
Its conventional legislation has been tailored to better facilitate Shariah compliant financial transactions, and since 2010, various legislation has seen daylight to better accommodate the industry. On the Sukuk front, the country led its regional peers by issuing its debut Sukuk worth US$500 million in 2014, with another expected to follow suit in this fiscal year.
Date 24th June 2019
Venue Cape Town Marriott Hotel Crystal Towers
09:00
Welcome Remarks
09:10
Keynote Address
Cas Coovadia, Managing Director, The Banking Association of South Africa
09:20
Opportunities for Islamic Finance, Banking and Investment in Southern Africa
We discuss key ideas, issues and themes influencing Islamic finance, banking and investment in Southern Africa and beyond. What will offer opportunity and what will disrupt and what role will Islamic finance play in the development of financial inclusion and the achievement of the UN Sustainable Development Goals in Southern Africa? What is needed to grow regional Islamic capital markets, investment management, banking and Takaful, and what role is technology set to play?
Moderator:
Claire Matheson Kirton, Partner, White & Case
Panelists:
Amman Muhammad, CEO, FNB Islamic Banking
Mohammad Mohsin Ahmed, Islamic Branch Manager, HBZ Bank
Mohammed Ameen Hassen, Head of Shariah Banking, Standard Bank
Riaz Lachman, Head, Absa Islamic Banking
Shabir Chohan, CEO, Al Baraka Bank – South Africa
10:20
Why Islamic Banking and Why it makes Sense for South Africa
Shaykh Taha Karaan, Member, Shariah Supervisory Board, Absa Islamic Banking
10:35
Coffee & Networking
11:05
Innovation in Islamic Banking and Finance: Benefiting the South African Consumer
We showcase recent achievements in development and innovation across a wide range of Islamic banking and finance activities and assess how end consumers have benefited from the availability of Islamic finance product offerings.
Moderator:
Riaz Lachman, Head, Absa Islamic Banking
Panelists:
Asad Kaka, Regional Head, Absa Islamic Banking
Mohammed Ameen Hassen, Head of Shariah Banking, Standard Bank
Shaheen Suliman, Head of Islamic Retail Banking, First National Bank
12:00
Corporate Financing, Capital-Raising and Asset Management in South Africa: Opportunities for Islamic and Responsible Finance
Through a panel of leading advisors and investment managers, we discuss the prospects for domestic and regional capital markets. What structures and asset classes will find favor with issuers and investors and where does Islamic finance fit in? What challenges still exist within regional taxation and regulatory frameworks for Islamic capital market and asset management products and how can these be addressed? Five years after the maiden South African US$500 million sovereign issuance, what do Sukuk offer Southern African sovereign, multilateral and supranational issuers? Finally, what are the opportunities for Islamic and ethical finance to fund and cooperate with sustainable and responsible projects in key sectors such as energy, education, healthcare and agriculture?
Moderator:
Amman Muhammad, CEO, FNB Islamic Banking
Panelists:
Ahsan Ali, Head of Islamic Origination, Standard Chartered Bank
Abdullah Ameed, Financial Director, Al Baraka Bank – South Africa
Aseef Hassim, CFO, FNB Islamic Banking
Ebrahim Tootla, Head of Shariah ALM/TCM, Standard Bank
12:50
Presentation: Market Conduct and Prudential Regulation — the South African Islamic Financial Services Industry and the Implementation of Twin Peaks
Kershia Singh, Head of Market, Customer and Inclusion Research, Financial Sector Conduct Authority
13:05
Recent Developments in International Islamic Financing and Sukuk Markets
Ahsan Ali, Head of Islamic Origination, Standard Chartered Bank
13:20
Regulatory, Taxation Issues and Shariah Governance Frameworks for Islamic Banks in South Africa: Challenges and Solutions
Moderator:
Shabir Chohan, CEO, Al Baraka Bank – South Africa
Panelists:
Ahmed Suliman, Shariah Advisor, FNB Islamic Banking
Mufti Shafique Jakhura, Member, Shariah Supervisory Board member, Al Baraka Bank – South Africa
Yasmeen Suliman, Executive, Tax, Bowmans
Yusuf Suliman, Head, Shariah Advisory, Standard Bank
14:00
End of Forum & Luncheon
Abdullah Ameed
Financial Director, Al Baraka Bank – South Africa
Ahmed Suliman
Shariah Advisor, FNB Islamic Banking
Ahsan Ali
Head of Islamic Origination, Standard Chartered Bank
Amman Muhammad
CEO, FNB Islamic Banking
Asad Kaka
Regional Head, Absa Islamic Banking
Aseef Hassim
CFO, FNB Islamic Banking
Cas Coovadia
Managing Director, The Banking Association of South Africa
Claire Matheson Kirton
Partner, White & Case
Ebrahim Tootla
Head of Shariah ALM/TCM, Standard Bank
Kershia Singh
Head of Market, Customer and Inclusion Research, Financial Sector Conduct Authority
Mohammed Ameen Hassen
Head of Shariah Banking, Standard Bank
Mufti Shafique Jakhura
Member, Shariah Supervisory Board member, Al Baraka Bank – South Africa
Riaz Lachman
Managing Director, Absa Islamic Banking
Shabir Chohan
CEO, Al Baraka Bank – South Africa
Mohammad Mohsin Ahmed
Islamic Branch Manager, HBZ Bank
Shaheen Suliman
Head of Islamic Retail Banking, First National Bank
Shaykh Taha Karaan
Member, Shariah Supervisory Board, Absa Islamic Banking
Yasmeen Suliman
Executive, Tax, Bowmans
Yusuf Suliman
Head, Shariah Advisory, Standard Bank
Recent Developments in International Islamic Financing and Sukuk Markets
Ahsan Ali, Head of Islamic Origination, Standard Chartered Bank
Presentation: Market Conduct and Prudential Regulation — the South African Islamic Financial Services Industry and the Implementation of Twin Peaks
Kershia Singh, Head of Market, Customer and Inclusion Research, Financial Sector Conduct Authority
Amman Muhammad
CEO, FNB Islamic Banking
Aziza Ebrahim
Advisor to CEO, Oasis Crescent
Baha Osman
Managing Director, Osman Consulting
Hajara Adeola
Managing Director/CEO, Lotus Capital
Mohammed Ameen Hassen
Head, Shariah Banking, Standard Bank
Mubarak Elegbede
Manager, Trade Finance Department, International Islamic Trade Finance Corporation (ITFC)
Riaz lachman
Managing Director, Absa Islamic Banking
Saad Rahman
Group Managing Partner, Amani Partners
Shabir Chohan
CEO, Al Baraka Bank
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Last Visit to Africa
Kenya, one of the fastest-growing economies in Africa, is now a leading contender in the bid to become Africa’s Islamic finance hub.
Efforts by Kenya’s financial regulators have paid off and paved the way forward for the country’s Islamic finance industry. With its much anticipated sovereign issuance, recently proposed CMA legislation promoting the use of Islamic financial products and the government’s commitment to position Kenya as a center of excellence for Shariah finance, the Islamic Corporation for the Development of the Private Sector and REDmoney Events are pleased to announce that our inaugural IFN Kenya Forum will take place in Nairobi on 27th November.
With all eyes on Kenya’s progress in Islamic finance, the IFN Kenya Forum will host some of the most influential Islamic finance dealmakers from Europe, the Middle East and key African economies.
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Thank you for inviting me to the event co-sponsored by the government of Cote d’Ivoire, the Islamic Corporation for the Development of the Private Sector (ICD) and the REDmoney Group. I appreciate the opportunity given to participate as one of the panelists at the Africa Islamic Finance Forum. I indeed found it to be useful, thought provoking and an opportunity to advocate the sustained growth of Islamic finance in Africa. The networking opportunities and exposures were valuable. Extend my sincere appreciation to the Minister of Planning and Development for all the Hospitality provided during the two-day event. I will honor future invitations in support of future Africa Islamic Finance Forum events.
Dr Yakubu A Umar
Special Advisor to the Governor on Islamic Finance, Central Bank of Nigeria
Congratulations on a very successful event.
Hajara Adeola
Managing Director/CEO, Lotus Capital
This is the best Islamic Finance Forum I have ever attended.
Bashir Sharif Isyaku
Head, North-west Regional Tax Audit, Federal Inland Revenue Service, Kano
Very much appreciated and a big congratulations to you and your team. The event was very successful. We look forward to many more collaborative efforts.
Jude Chiemeka
Divisional Head, Trading Business, Nigerian Stock Exchange
IFN Nigeria Forum was the perfect platform to boost discussions around the growth and direction of Islamic finance in Nigeria. The diversity of participants, involvement of regulators and pertinent topics deliberated all contributed to the success of the event. We are pleased to have partnered on such an impactful forum.
Toyin Kekere-Ekun
CEO Lotus Financial Services
A big thank you for all the effort you put into this conference. Alhamdulilah we are getting very positive feedback. This initial conference has provided great perspectives
Amman Muhammad
CEO, FNB Islamic Banking
We attended the Kenya and South African legs of the IFN African Roadshow and found both to be well attended and organized; this was especially the case in Cape Town where the quality of speakers and discussion was very high.
Phil Attwood
Commodity Trader, Eiger Trading Advisors
Thank you for putting together a successful IFN South Africa 2019!
Moulana Yusuf Jeena
Shariah Advisor, Albaraka Bank
Many thanks to Andrew Tebbutt and the REDmoney team on delivering an exceptional event in South Africa. The agenda covered critical issues and challenges facing Islamic banking in South Africa, with possible solutions. The various speakers and panel participants were well versed within their respective fields. Most importantly, the networking among all invited guests was invaluable. We look forward to the follow-up event in 2020.
Nazeer Cassim
Senior Manager, Islamic Banking Gauteng Corporate Office, HBZ Bank
For any inquiries contact us
Our team will be glad to answer any questions you may have about this event.
