9.15 – 9.20
Welcome Address
9.20 – 9.30
Keynote Address
Dr Arief Wibisono, Assistant of Minister Financial Services and Capital Markets, Ministry of Finance
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?
Vineeta Tan, Managing Editor and Director, Islamic Finance news
Panelists:Dr Adi Budiarso, Head of the Center for Financial Sector Policy, Fiscal Policy Agency, Indonesian Ministry of Finance
Ahsan Ali, Managing Director and Head, Islamic Corporate and Investment Banking, Standard Chartered Saadiq
Arief Subekti, Executive Vice-President, Head of sharia Business Division, Sarana Multi Infrastruktur
Dr Dadang Muljawan Satria, Executive Director of the Islamic Economic and Finance Department, Bank Indonesia
Dien Sukmarini, Senior Analyst, Directorate of Capital Market and Islamic Capital Market Development, Otoritas Jasa Keuangan – The Financial Services Authority of Indonesia
Elias Moubarak, Partner, Trowers & Hamlins
Dr Fadlul Imansyah, Chief of Executive Board, Badan Pengelola Keuangan Haji
Hakan Ozyon, CEO, Hejaz Financial Services
John Welling, Senior Director Head of Global Equity Indices, S&P Dow Jones Indices
Mahmud Hossain, Managing Director and CEO, Millennium Information Solution
Mohammed Parekh, Managing Director, MRP Premier Group
Dr Rifki Ismal, Director, Bank Indonesia
Ritesh Agarwal, Head of Debt Capital Markets, Investment Banking, Emirates NBD Capital
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?
Dr Hurriyah El Islamy, CEO and Founder, HGC Firm
Panelists:Geoff Holmes, Group Chief Strategy Officer, Vemi Ventures
Dr Lisa Listiana, Founder, Waqf Center for Indonesian Development and Studies
Professor Dr Murniati Mukhlisin, Founder and CEO, Sakinah Finance
Dr Nurhastuty Wardhani, Board Member, Institute of Halal Investing
Rahul Sharda, Senior Solutions Consultant, Business Solutions, Temenos
Dr Ramadhan Fitri Ellias, Strategic Programme Director, Maybank Islamic
Dr Sutan Emir Hidayat, Director of Islamic Economy Supporting Ecosystem, National Committee for Islamic Economy and Finance
14.10
Lunch and Networking