Mohamad El Khalil
Director, Head of Prudential Supervision, Dubai Financial Services Authority
A NEW, LIVE, DIFFERENT & EXCLUSIVE EXPERIENCE
12th - 14th October 2020, Online
A NEW, LIVE, DIFFERENT & EXCLUSIVE EXPERIENCE
12th - 14th October 2020, Online
Date: 12th - 14th October 2020
Venue: Online
Attendees: 406
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The IFN Forum OnAir Experience
Introducing IFN Forum OnAir, our exclusive online custom-built platform with your convenience in mind. IFN OnAir guarantees your full access to all of the event speakers through our interactive real-time features. Register now to experience IFN Forum OnAir.
- Key features of the IFN FORUM On Air Experience:
- Virtually interactive and engaging online event experience for each attendee
- Experience seamless interactive features — agenda, live Q&A sessions, activity feed, polling and networking among delegates
- Flexible and accessible online capabilities at your convenience, including the option to catch up on missed sessions once you have registered
- A user-friendly interface that is accessible on any of your desktop, tablet and mobile devices — anywhere around the globe
- An exclusive post-event report for all registered attendees
- VIP access and information to our upcoming IFN Forums
ABOUT THE FORUM
The World Leaders Forum has become one of REDmoney’s annual seminal events. This event is tailored to provide an opportunity for the industry’s most influential figures to congregate and openly debate the most pressing issues facing the GCC Islamic finance block with a focus on the UAE.
The GCC is expected to be one of the key drivers in the expansion of Islamic finance with the governments of this coalition driving the growth of Islamic bonds with Sukuk — which is becoming a global instrument — issuance expected to reach US$120–130 billion.
Forum Agenda
Live at
Keynote Address
Brave New World: The Opportunities for a Back-to-Basics Approach and How Islamic Finance Can and Will Flourish
The world has changed. How our industry - global Islamic banking, finance and investment - chooses to respond to these changes may be a generation defining moment. How can Islamic finance mobilize to address the imminent challenges of the real economy and provide not just liquidity support, but solvency support to the vital SME and corporate sector? Can Islamic finance use this opportunity to become truly responsible, inclusive and ethical? How can we as an industry ensure this is substance over form on a permanent basis? What opportunities do the UN Principles for Responsible Banking offer Islamic financial institutions, and what obligations and responsibilities to their stakeholders are placed on those institutions? How can the core values of Islamic finance be further applied to sustainable and socially responsible finance and investment strategies? We ask a respected panel for a new roadmap to success for Islamic banking, finance and capital markets.
Moderator:
Sohaib Umar
Advisor – Islamic Financial Services Development, Central Bank of Bahrain
Panelists:
Hajara Adeola
Managing Director and Chief Executive, Lotus Capital
Mohamad El Khalil
Director, Head of Prudential Supervision, Dubai Financial Services Authority
Tayyaba Rasheed
Head of Investment Banking Group, Faysal Bank
Yasser Gado
Treasurer, Islamic Development Bank
The New Normal: How do Islamic Capital Markets, Investment Banking and Responsible Finance Initiatives in the Gulf Look Today?
What has changed for potential issuers since March and what new challenges do they now face? What specific factors will directly affect fixed income spreads in the coming 12 months and will we see restructurings, workouts and re-financings in the region? What do new Sovereign Sukuk issuers bring to the Gulf region; what structures, opportunities and risk tolerance will satisfy investors in the coming year, and how will issuers meet these requirements? What will we see with regional project and infrastructure finance and what liquidity is now available for large scale projects? What role do new technologies play in driving growth and innovation in capital markets? What role can pandemic and disaster recovery bonds play and how can Islamic finance solutions feature? How can Sustainable Development Goal 3 – promoting health and wellbeing – be made an achievable priority and what do SDG bonds, and potentially SDG Sukuk, offer?
Moderator:
Anita Yadav
CEO, Global Credit Advisory
Panelists:
Dr Aishath Muneeza
Chairman, Ayady Takaful Shariah Board and Chairman, Shariah Board of Allied Investment
Cheong Say Lim
CEO, Lootah Global Capital
Dr Mohamed Damak
Senior Director, Global Head of Islamic Finance, S&P Global Ratings
Sohail Zubairi
Senior Advisor, Dubai Islamic Economy Development Centre
Deep Dive into Deep Tech: Driving Financial Technology and Digitization in the Region
How is Shariah compliant Fintech contributing to financial inclusion domestically and globally? What is currently the most exciting Shariah compliant FinTech vertical? What are the major challenges and opportunities facing regional banks in their digitization programs and strategies for the adoption of financial technology? How is digitization within regional banks driving effective segmentation and the development of ever more efficient product delivery channels? What does deep-tech such as artificial intelligence and machine learning offer, who are the major players and how are they changing financial services in the region? Where and how can FinTech play a meaningful role in key Islamic social financial activities such as Takaful, Zakat and Waqf?
Moderator:
Vineeta Tan
Managing Editor, Islamic Finance news
Panelists:
Hasam Khan
CEO, Rabt
Jorge Camarate
Partner, Strategy&, part of the PwC network
Mohammed Kateeb
Group Chairman and CEO, Path Solutions
Raheel Iqbal
Managing Partner, Codebase Technologies
Yakup Sezer
CEO, Insha Digital Bank and Insha Ventures
Advisory Board
Ali Allawala
Head, Retail Islamic Banking (Saadiq), Standard Chartered Bank
Cheong Say Lim
CEO, Lootah Global Capital
Khalid Howladar
Head of Credit and Sukuk Advisory, R.J. Fleming & Co.
Sohail Zubairi
Senior Advisor, Dubai Islamic Economy Development Centre
Simon Eedle
Managing Director, Regional Head Middle East, Natixis DIFC branch
Yasser Gado
Treasurer, Islamic Development Bank
FORUM PARTNERS
MULTILATERAL STRATEGIC PARTNERS
The Islamic Corporation for the Development of the Private Sector (ICD)
The Islamic Corporation for the Development of the Private Sector (ICD) is a multilateral development financial institution and is part of the Islamic Development Bank (IDB) Group.
The ICD was established in November 1999 to support the economic development of its member countries through the provision of finance for private sector projects, promoting competition and entrepreneurship, providing advisory services to governments and private companies and encouraging cross-border investments.
The ICD has an authorized capital of US$4 billion. Currently, the shareholders of the ICD are the IDB (50%), 53 Islamic countries (30%) and five public financial institutions (20%).
ICD mandate and objectives
The ICD fosters sustainable economic growth in its 53 member countries by:
- Financing private sector investment
- Mobilizing capital in the international financial markets, and
- Providing advisory services to business and governments.
The ICD selects the financing projects based on their contribution to economic development considering factors such as job creation, Islamic finance development, contribution to exports, etc. The ICD also provides advisory services to governments and private sector groups on policies designed to encourage the establishment, expansion and modernization of private enterprises, the development of capital markets, best management practices and to enhance the role of the market economy. The ICD operates to complement the activities of the IDB in member countries.
The ICD is rated ‘AA/FQ’ by Fitch Ratings, ‘Aa3/P-1’ by Moody’s Investors Service and ‘A+’ by Standard & Poor’s.
FOR MORE INFORMATION
Tel: (966-12) 6361400; (966-12) 6441644
Fax: (966-12) 644 4427
Email: [email protected]
Website: www.icd-ps.org
The Islamic Corporation for The Insurance Of Investment And Export Credit (ICIEC)
Established 26 years ago in 1994 as a multilateral institution and a member of the Islamic Development Bank Group, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) was tasked to promote cross-border trade and foreign direct investments in its member countries.
The ICIEC’s mission is to make trade and investment between member countries and the world more secure through the Shariah compliant risk mitigation tool. Its vision is to be recognized as the preferred enabler of trade and investment for sustainable economic development in member countries.
The ICIEC is the only multilateral export credit and investment insurance corporation in the world that provides Shariah-compliant insurance and reinsurance solutions.
Today, the ICIEC supports trade and investment flows in 47 member countries spanning across Europe, Asia, the Middle East and Africa. Its target clients are corporates (both exporters and investors), banks and financial institutions as well as export credit agencies and insurers.
International Islamic Trade Finance Corporation
The International Islamic Trade Finance Corporation (ITFC) is a member of the IDB Group. It was established with the purpose of advancing trade among OIC member countries, which would ultimately contribute to the overarching goal of improving the socioeconomic conditions of the people across the world. The ITFC commenced operations in January 2008 and has since consolidated all trade finance businesses that used to be handled by various windows within the IDB Group. Earning an ‘A1’ rating from Moody’s Investors Service reflects the ITFC’s efficiency in service delivery by responding swiftly to customer needs in a market-driven business environment.
Since 2008, the ITFC has provided more than US$40.2 billion of trade financing to OIC member countries, making it the leading provider of trade solutions for the needs of OIC member countries. With a mission of being a catalyst for trade development among OIC member countries and beyond, the ITFC helps entities in member countries gain better access to trade finance and provides them with the necessary trade-related capacity-building tools, which would enable them to successfully compete in the global market.
Contact us at:
Twitter: @ITFCCORP
Facebook: @ITFCCORP
Linkedin: International Islamic Trade Finance Corporation (ITFC)
Tel: +966 12 646 8337
Fax: +966 12 637 1064
E-mail: [email protected]
Website: http://www.itfc-idb.org/en
STRATEGIC PARTNER
Capital Markets Malaysia
As part of its mandate to develop the capital market, the Securities Commission Malaysia (SC) set up the Capital Markets Promotion Council in 2012 to strengthen its internationalization agenda for Malaysia’s capital market. In 2014, the SC launched Capital Markets Malaysia (CMM) to spearhead both the local and international positioning and profiling of the Malaysian capital market with its wide range of conventional and Islamic products, supported by a strong governance infrastructure. CMM profiles the competitiveness and attractiveness of the various segments of the capital market via a comprehensive and integrated approach to increase international participation and enhance opportunities for Malaysian capital market intermediaries.
PARTNERS
Carrera Learning
Carrera Learning is an innovative e-learning platform enabling users and companies to build their Islamic finance capabilities. We have extensive experience working with world-class financial institutions and organizations as well as professionals.
The Carrera Learning platform is part of Islamic Finance Navigator.
DDCAP Group
Founded in 1998 and headquartered in London, with an office in Dubai and a presence in both Saudi Arabia and Malaysia, DDCAP is a leading provider of asset facilitation services and financial technology and system solutions across a diverse range of Shariah compliant products, asset classes and instruments in both the primary and secondary markets. DDCAP’s wholly-owned subsidiaries include DD&Co and DDGI. DDCAP has an extensive track record within the Islamic finance industry, employing over 35 professionals with broad and complementary skill sets drawn from diverse financial industry backgrounds, focused principally on providing service to Islamic financial market participants around the world. DDCAP has its own Shariah supervisory board comprising esteemed Shariah scholars from Saudi Arabia, Malaysia and Kuwait. DDCAP’s multi-award-winning Shariah compliant ETHOS Asset Facilitation Platform is a bespoke, real-time trade and post-trade services platform providing 24-hour coverage, enabling clients worldwide to purchase from a diverse asset inventory, including commodities, via a secure, web-based portal.
Eiger
Eiger Trading Advisors (Eiger) is a UK-based asset-trading and technology company founded in 2008, which specializes as an intermediary in Islamic financial products.
As a leading intermediary and technology provider within the commodity Murabahah space, Eiger has the unique capabilities to deliver Shariah compliant commodity trading solutions through the Eiger Trading Platform (ETP), a web-based trading system, that we tailor to our bank clients’ exact operational requirements.
The ETP automates the structuring and execution of Islamic banking products for wholesale and retail commodity-backed transactions, including two new enhanced modules:
- ETP Retail – A 24/7 STP platform designed to automate the end-to-end commodity Murabahah transactions underpinning retail banking products such as deposits, loans, CASA, credit cards
- ETP Client Reach – A bespoke middle and back office module designed to streamline Islamic treasury and derivative transactions, including execution and documentation with our clients’ clients.
Eiger is authorized and regulated by the UK’s Financial Conduct Authority, and is both a member of the London Metal Exchange and an associate of the London Platinum and Palladium Market.
IdealRatings
IdealRatings was incorporated in 2006 in San Francisco with a corporate objective to provide SRI/ESG and Shariah compliant solutions to ethical investors and enable them to identify such instruments across different asset classes in the global market. IdealRatings serves clients in over 30 countries with a range of capital market solutions including:
- Equities – A web-based platform covering over 40,000 stocks, where fund managers can screen equities using different, custom-built ESG/SRI/Responsible Investments and Shariah rulebooks or guidelines. This solution caters to different purification calculation methodologies with a comprehensive set of reports for fund managers to manage their portfolio.
- REITs – Global coverage of all listed REITs that could be screened in accordance with different standard Shariah rulebooks or guidelines.
- Indexes – Co-branded and jointly marketed by FTSE-Russell Indexes and a separate series with Thomson Reuters for the global markets, designed for fund management and investment benchmarking. In addition, IdealRatings is able to provide custom-built indexes for the fund management industry.
- Sukuk – A unique solution which includes the global Sukuk and a pioneering Sukuk-screening solution that enables fund managers to customize their Sukuk selection in accordance to their Shariah rulebook, guidelines or investment preference, and
- Brokerage – The solution provides broking houses the ability to screen global equity markets, a technical analysis of the markets and equities, buy/sell/hold recommendations and purification amounts.
Moody’s Investors Service
Moody’s is a global risk assessment firm that empowers organizations to make better decisions. Its data, analytical solutions and insights help decision-makers identify opportunities and manage the risks of doing business with others. We believe that greater transparency, more informed decisions and fair access to information open the door to shared progress.
TECHNOLOGY PARTNER
Codebase Technologies
Codebase Technologies builds modern digital banks, developing application programming interface-driven technologies to deliver new customer experiences. Supporting institutions with cloud-agnostic digital-ready solutions, it operates as a research and development think tank that enables any business to pursue their ambitions for a seamlessly integrated, lifestyle-enhancing digital financial experience at a fraction of the time and cost.
Its highly robust and scalable open architecture framework and flagship platform ensemble, Digibanc™, the most comprehensive one-stop shop ‘bank in a box’, gives Codebase Technologies the key to unlock the true potential of the new-era digital financial ecosystem.
With solutions encompassing customer onboarding, middleware, payments, asset management and channel deployments, Codebase Technologies provides the expertise that allows your business to focus on what’s important — the customer.
Codebase Technologies operates across ASEAN, the GCC and Australia, providing proprietary technology products and advisory services to institutions looking to challenge the next digital frontier.
Last Visit To Dubai
Date: 10th March 2019
Venue: Ritz Carlton DIFC, Dubai
Attendees: 352
Speakers: 30 Speakers
Returning in 2019, IFN will bring the World Leaders Summit, a one-day event designed to celebrate the latest developments and biggest achievements in the Islamic financial market space, to Dubai. The Islamic debt capital market space has gone from strength to strength to become a sought-after asset class not only for diversification but for performance and return, with global Sukuk issuance expected to reach US$90-100 billion by the end of this year.
For any inquiries contact us
Our team will be glad to answer any questions you may have about this event.