14th May 2025
Dhaka
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IFN Bangladesh Dialogues 2025
Returning to Dhaka for the first time since 2013, we’re delighted to be bringing the coveted IFN Dialogues to this vibrant market, whose Muslim community makes up over 90% of the total population
While there is no dedicated Islamic finance regulation in Bangladesh, the Banking Companies Act and Companies Act have provisions for Shariah compliant transactions.
There are 10 full-fledged Islamic banks operating in the country, along with 15 Islamic windows. There are 13 Takaful operators and 12 conventional insurers offer Takaful products. There’s also a developing Islamic asset management industry.
It is against this backdrop that the IFN Bangladesh Dialogues 2025 will gather the country’s regulators, Islamic finance leaders and international participants to discuss and debate next steps in the development of the market’s industry.
Since REDmoney events’s inception in 2006, we have always been at the cutting edge, delivering timely events in a format suited best to each market and sector.
IFN Dialogues were first introduced in Luxembourg in 2014. Since then, we have developed the concept and are delighted to bring this format to the more mature and developed markets, which prefer in-depth discussion and debate over the more traditional forum format.
IFN Dialogues offer an independent and impartial platform for the identification and resolution of specific issues, challenges and opportunities facing the industry through a high-level discussion designed to determine the potential development of a particular country, sector or asset class.
- Brokerage Firms
- Consultancies
- Corporate & Investment Banks
- Custodians
- Family Offices
- Financial Service Providers
- Fund Managers
- Institutional Investors
- Insurance & Takaful Companies
- Law Firms
- Multi Family Offices
- Pension Fund Managers
- Private & Wealth Managers
- Private Equity Firms
- Rating Agencies
- Real Estate Investment Co's
- Regulators
- Risk Management Firms
- Shariah Advisory Firms
- Sovereign Wealth Funds
- Stock Exchanges
- Trade Finance Companies
- Trustees
- UHNW and HNW Individuals
- Venture Capital Firms
“ The IFN Dialogues are a great opportunity to bring together key players in the industry to discuss critical topics for the development of the financial markets and the economy. ”
Assistant professor of Islamic and sustainable finance, Hamad Bin Khalifa University
“ IFN Dialogues provide a valuable platform to share experiences, ideas and also to expand our network. Also, the new format in 2019 enabled constructive discussions. Thank you very much to the REDmoney team. ”
Senior Vice-President, Capital Markets, Investment Banking at Turkiye Kalkinma ve Yatirim Bankasi
“ Thank you and your colleagues for this very successful event. The way it was structured allowed a frank and progressive dialogue on a subject that the participants are anxious to see progress in Luxembourg, after a period of somewhat long stasis. It has enabled us to not only restart the dialogue among us and reconnect, but also hear what is done abroad, and the feelings and thinking of foreign practitioners. The presence of the minister and his obvious involvement lent a sense of empowerment. Finally, I found the Malaysian contribution invaluably useful. I look forward to the next conference in Luxembourg. ”
Senior Vice-Preident, Garanti Bank
“ We have long since come to expect that IFN Forums will provide an opportunity for discussion and debate of topical industry agenda. This year the inclusion of a series of focused, country dialogues has introduced another dimension. Amongst them, the Luxembourg Dialogue gave invited Islamic financial market participants and industry observers an unprecedented opportunity to connect, in open discussion, with senior practitioner counterparts from Luxembourg’s banking, capital markets and asset management sectors, as well as its regulators and leading providers of ancillary services. ”
Managing Director, DDCap
“ Hosting extended panel discussions is an excellent idea. Topics can be discussed fully, often with panelists asking questions of each other, allowing deeper insights to emerge from the discussion. A great initiative. ”
Senior director of asset management, Al Rayan Investment
Below is the IFN Indonesia Dialogues 2024 program as a sample
9.15 – 9.20
Welcome Address
9.20 – 9.30
Keynote Address
9.30 – 9.40
Setting the Scene: Drivers of Indonesian Islamic Financial Services
9.40 – 11.40
Dialogue One: Driving Growth – Indonesia’s Islamic Financial Markets
- What progress have the Shariah compliant financial markets made in Indonesia since we last met?
- How will interest rates influence domestic Sukuk markets in late 2024 and early 2025, and what opportunities will be on offer for investors?
- Beyond Sovereign Sukuk, what factors continue to influence the development of the domestic Sukuk and Islamic capital market?
- What has been the influence of OJK’s regulation on the issuance and requirements for sustainable debt securities and sustainable Sukuk?
- What is the potential for Sukuk-like Waqf as part of financing for sustainable projects, and municipal Sukuk as financing tools for municipal governments in Indonesia?
- How can Shariah compliant capital be further deployed towards infrastructure development in Indonesia?
- Can more be done to supply the local market with high-quality liquid assets, and to what extent would this contribute to building a yield curve unique to Indonesian issuers?
- To what extent has the domestic Islamic asset management industry achieved differentiation from its conventional peer?
- How is Gen AI influencing Islamic asset management in areas such as risk mitigation, asset allocation and portfolio modelling, and how should regulators respond?
- Will Indonesia see diversification of Shariah compliant asset classes in coming years, or indeed, the addition of new asset classes? If so, what form will this take?
- How can green and sustainability linked Sukuk and other innovations further flourish in Indonesia?
- How do we continue to develop the process of measuring impact from green and sustainable issuance?
11.40 – 12.10
Coffee
12.10 – 14.10
Dialogue Two: A New Era For Indonesia - Shariah Banking, Takaful and the Halal Economy
- How do we assess the likely continuity of policy and regulation to support Shariah banking, Takaful and the Halal economy in Indonesia?
- How do we increase the awareness, understanding and utilization of Shariah finance, banking and Takaful products in Indonesia?
- What measures should be implemented to equalise the geographical penetration of Shariah banking and Takaful products in Indonesia?
- How can the Islamic financial services sector and the Halal Economy further integrate and synergize?
- Do Islamic financial institutions in Indonesia still face challenges in terms of liquidity creation and liquidity risk management, and what solutions are available?
- How can Indonesia further deploy Sukuk to support banking and non-banking financial businesses, and the funding of the Halal economy?
- Where do Shariah compliant corporate, treasury and investment products play a role in the financing and development of the Halal economy?
- How will Gen AI shape strategy for the provision and distribution of Islamic banking services in Indonesia, and how should regulation evolve in response?
- How far along the transformation journey are Islamic banks in Indonesia, and what more needs to be done?
- How do we ensure private and public sector support for Islamic sustainable development in Indonesia?
- How is climate risk being measured in the banking books of Indonesian Islamic financial institutions?
- How can minorities be empowered through the application of Islamic finance and Islamic social welfare mechanisms such as Waqf, Zakat and Sadaqah?
14.10
Lunch and Networking
IFN Bangladesh Forum 2013 Speakers
- Ahmed A Khalid - Regional Head (Asia), Coverage & Partership Department, Islamic Corporation for the Development of the Private Sector, Islamic Development Bank
- Aishath Muneeza - Head of Islamic Finance, Capital Market Development Authority, Maldives
- Ehsan Khasru - Managing Director & Chief Executive Officer, Prime Bank
- Mufti Ehsan Waquar Ahmad - Shariah Consultant, Pakistan
- M Azizul Huq - Chairman, Shariah Council, The City Bank, Vice Chair, Shariah Council, AB Bank
- Mahbub Jamil - Head of Structured Finance, NDB Capital
- Mahmud Hossain - Chief Executive Officer & Co-Founder, Millennium Information Solution
- Mamoon Mahmood Shah - Managing Director & Chief Executive Officer, ICB Islamic Bank
- Dr Md Mizanur Rahman - Senior Vice President, Research and Development, Islami Bank Bangladesh
- Mehmood Husain - President & Managing Director, Bank Asia
- Mohammad Abdul Mannan - Managing Director, Islami Bank Bangladesh
- Mohammad Shoaib, CFA - Chief Executive Officer, Al Meezan Investment Management, Pakistan
- Md Touhidul Alam Khan, ACMA - Senior Executive Vice President and Head of Corporate Assets & Client Origination, Bank Asia
- Munirul Alam Al Mamoon - Senior Vice President, Islami Bank Bangladesh
- Mushfique Mahmud - Legal Consultant, Dar Al Sharia
- Nasiruddin Ahmed - Project Director, Prime Bank
- Shah Abdul Hannan - Former Chairman, Islami Bank Bangladesh & Founder Member, Central Shariah Board of Islamic Banks
- Sheikhul Islam - Executive Vice President, Prime Bank
- Wali-ul-Maroof Matin - Chairman & Managing Director, Alliance Capital Asset Management
Dialogues Partners
LEAD MEDIA PARTNERS
Registration
The Previous IFN Bangladesh OnAir Roadshow
IFN Bangladesh OnAir Roadshow 2022
This was the 3rd IFN Bangladesh event.
Demand for Islamic banking in Bangladesh was on the rise because of the country’s robust economic growth, rising population and expanding middle class.
Bangladesh Bank had issued Islamic banking guidelines in 2009; the Securities and Exchange Commission announced it was working on regulations for Sukuk and derivatives in 2019; and the central bank also issued the refinance scheme for investment in green products or initiatives targeted at Islamic banks and financial institutions.
Bangladesh boasted 11 fully-fledged Islamic banks and 15 Islamic windows, holding almost 24% of the country’s deposits and investments at the turn of 2022. There were 11 Takaful operators and about 12 conventional insurers offering Takaful products.
The government issued regular Islamic investment bonds; there had been numerous Sukuk issuances, particularly among financial institutions; there were two Islamic indices; numerous Islamic funds; and a robust Islamic fintech sector.
In The News
IFN Monthly Review: October – Pakistan prepares for fully Islamic financial system
The State Bank of Pakistan issued directives for the financial industry to prepare for a fully Islamic conversion by 2028,...
Bangladesh: Stronger support for Islamic finance
There has been a substantial increase in the support for the Bangladeshi Islamic finance and banking sector, both from…
Central bank urges Islamic banks in Bangladesh to explore socially beneficial industries and other new sectors
Islamic banks should invest more in socially beneficial industries, particularly in agriculture and small businesses…
Bangladesh eases rules on social impact Sukuk to be tradable in secondary market at negotiated prices
Bangladesh Bank (BB) has allowed the trading of the Important Rural Infrastructure Development Project on Priority…
About REDmoney Events
REDmoney events designs, organizes and hosts industry-leading conferences, forums, roadshows, seminars and dialogues focusing on the Islamic financial markets across a global, regional and national level. Leveraging an exceptional network of the industry’s elite and supported by the expertise of the REDmoney publishing and seminars divisions, REDmoney Events are able to provide access to a unique array of influential speakers, panelists and participants from a cross-section of the global industry to debate the most significant issues affecting the Shariah compliant financial markets.
REDmoney events are differentiated by their complimentary yet qualified attendance structure, ensuring the highest quality of both delegates and contributors. Comprehensive and cuttingedge, attendance ensures exclusive access to the leaders in their field across all sectors and markets.
The annual IFN Asia and IFN UK Forums are categorically recognized as their continent’s leading industry events since their inception in 2006 and 2007, respectively. The Dialogues series have also become an integral element of the REDmoney events series and have cemented their position as leading, must-attend, events.
In 2024, we welcome the IFN Investor Forums, which coincide with the new IFN Investor portal.
For any inquiries contact us
Our team will be glad to answer any questions you may have about this event.