9.25 – 9.30
Welcome Remarks
9.30 – 9.50
Presentation: Financial Infrastructure and Market Development of Participation Banking in Türkiye
Fatma Cinar, Deputy Secretary General, Türkiye Katilim Bankalari Bi̇rli̇ği̇
09.50 – 11.10
Dialogue One: Sustaining the Growth of Participation Banking in Türkiye
- Given the objectives outlined in the Participation Finance Strategy Document for 2022-2025, how should we assess the current participation finance ecosystem?
- How have participation banks performed in Türkiye and what factors continue to influence this performance?
- What is the relationship between legislation and implementation in the participation banking sector in Türkiye?
- The ‘triple transformation’: green transformation, digital transformation, and social transformation – how far have Turkish participation banks come?
- How do we assess the various initiatives undertaken by BRSA, CMB and KGK towards the development of sustainable finance in Türkiye?
- What notable milestones have Turkish participation banks achieved in the drive towards transition and sustainability finance?
- Is participation finance a key contributor to the development of sustainable finance in Türkiye and what is the role of regulatory authorities?
- Through financing SMEs, how is the participation banking sector contributing to the broader goal of sustainable development in Türkiye?
- What recent developments has Türkiye seen in the realm of digital participation finance, and how are these influencing the domestic financial landscape?
- What are the key challenges and requirements for the growth of participation finance technology startups, particularly in terms of funding, regulation and human capital?
- How are Turkish participation banks adapting to evolving trends in digital finance and technological innovation, such as open banking?
- How can participation finance be integrated with crowdfunding and peer to peer financing to create new opportunities in terms of sustainability and financial accessibility?
- What opportunities and challenges exist in the Turkish participation finance landscape in the context of Takaful products?
Fatma Cinar, Deputy Secretary General, Türkiye Katilim Bankalari Bi̇rli̇ği̇
Panelists:Ahmet Ilyas Collu, Head of International Banking Department, Vakif Katilim
Hojamurod Hojaev, Senior Manager, Relationship Management, International Islamic Trade Finance Corporation
Ömer Alperen Bilgin, Head of Financial Institutions, T.O.M. Digital Participation Bank
Dr Saygın Sungur, Chief Financial Officer, Katılım Finans Kefalet A.Ş.
Sebnem Alp, Country Head Türkiye, Eastern Europe and Central Asia, UK Export Finance
11.10 – 11.25
Presentation
Mohd Radzuan Mohamed, CEO, Malaysian Takaful Association
11.25 – 12.00
Coffee
12.00 – 13.30
Dialogue Two: Gaining Traction – Türkiye’s Participation Finance Markets
- How do we assess the sustainability of the growth of the Turkish participation finance capital market in terms of sovereign, quasi-sovereign and corporate issuance?
- Considering Türkiye’s position as a top five Sukuk issuer, what can we anticipate in terms of issuance size and structure in the next 12 months?
- How will rates influence domestic and regional Sukuk markets in late 2024 and early 2025, and what opportunities will be on offer for investors?
- What market developments and regulatory enhancements are required to bring more corporate Sukuk issuers to market in Türkiye?
- How should we assess risk in the Turkish participation finance capital market, such as geopolitical events and oil prices?
- 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 Turkish Sukuk issuers?
- What might encourage more thematic Sukuk issuance towards the funding of sustainable, green and social causes, and how can sustainability linked Sukuk further flourish in Türkiye?
- How can principles such as Waqf be further integrated into investment strategies to create a sustainable positive impact?
- What role can be played by participation finance structures in financing long-term green projects in the private sector?
- How is private capital influencing Turkish participation finance markets and what approach should regulators take?
- To what extent has the domestic participation asset management industry managed to differentiate itself from its conventional peer?
- Will Türkiye see significant diversification of asset classes in coming years, or indeed, the addition of new asset classes? If so, what form will this take?
Fatma Cinar, Deputy Secretary General, Türkiye Katilim Bankalari Bi̇rli̇ği̇
Panelists:Ahmet Tacer, Capital Markets and Investment Banking Director, Golden Global Investment Bank
Dr Bayram Veli Salur, Chief Investment Officer, Kuveyt Turk Portfoy
Osman Karakütük, Executive Vice President – Treasury Management and International Banking, Ziraat Participation Bank
Seçil Yıldız, Executive Vice President, Sustainability and Impact Leader, Development and Investment Bank of Türkiye
Serhan Yildirim, Assistant General Manager Treasury, Financial Institutions & Investment Banking, Albaraka Türk
Zeynep Çalikiran Yaşar, Head of Financial Institutions, Kuveyt Turk Katilim Bankasi
13.30
Luncheon