Bryan Stirewalt
Chief Executive
Dubai Financial Services Authority
10th March 2019, Ritz Carlton DIFC, 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.
09:00 – 09:10
Opening Address
Abdulla Mohammed Al Awar, CEO, Dubai Islamic Economy Development Centre
09:10 – 09:25
Keynote Address
Dr Obaid Saif Hamad Al Zaabi, CEO, Securities and Commodities Authority
09:25 – 09:40
Keynote Address
Bryan Stirewalt, Chief Executive, Dubai Financial Services Authority
09:40 – 10:20
The World in 2019: Global Events and Islamic Finance and Investment
We discuss key ideas, issues and themes influencing Islamic finance and investment. From the growth of the Halal economy, to commodity prices, to product innovation and regulation, to global trade and protectionism, to the ascendancy of technology — what will offer opportunity and what will disrupt? Finally, we ask what role Islamic finance will play in the development of social inclusion and the achievement of the UN Sustainable Development Goals in the coming year.
Moderator:
Qasim Aslam, Partner, Dentons
Panelists:
Arsalaan Ahmed, CEO, HSBC Amanah Malaysia
Bryan Stirewalt, Chief Executive, Dubai Financial Services Authority
Salman Bajwa, Head of Asset Management, Emirates NBD Asset Management
Shamzani Hussain, Managing Director and Head of Global Islamic Banking, FAB Siraj
Shibeer Ahmed, Partner, Winston & Strawn
10:20 – 11:00
Co-Interview: Building Regulatory Frameworks in Islamic Finance and Fintech
We ask a panel of senior representatives of regulators, standard-setting bodies and exchanges for their views on the evolution of regulatory frameworks for Islamic finance and discuss successful approaches to regulating financial technology.
Moderator:
Abdulkader Thomas, CEO, SHAPE Knowledge Services
Panelists:
Dr Bello Lawal Danbatta, Secretary-General, IFSB
Ijlal Alvi, CEO, International Islamic Financial Market (IIFM)
11:00 – 11:50
Liquidity, Fixed Income and Sukuk in Global Capital Markets
We ask leading market professionals to discuss the prospects for regional and global capital and Sukuk markets in the coming months. What structures and asset classes will find favor with issuers and investors in a more volatile investment environment? We also examine distribution, ratings and credit enhancement measures, and identify other factors facing issuers in the Sukuk market.
Moderator:
Yavar Moini, Financial Sector Expert, World Bank Group
Panelists:
Debashis Dey, Partner, White & Case
Esam El-Makkawy, CFO and Interim Company Secretary, Souq Extra
Fabrice Susini, CEO, Saudi Real Estate Refinance Company
Issam Al Tawari, Founder and Managing Partner, Newbury Consulting
Roshan Shah, Executive Director – Corporate Advisory Services, Al Mal Capital
11:50 – 12:10
Coffee & Networking
12:10 – 12:40
Building Successful Fintech Ecosystems and Assessing the Evolving Role of Technology in Finance
Through an expert panel we identify what constitutes a successful fintech ecosystem and ask what measures are necessary to attract start-ups and spur and support innovation. We also analyze where technology, through platforms such as blockchain, will offer the most significant disruption: managing money, optimizing distribution channels, or both?
Moderator:
Vineeta Tan, Managing Editor, Islamic Finance news
Panelists:
Mohammed Alsehli, CEO, Wethaq
Mohamed Damak, Senior Director, Global Head of Islamic Finance, S&P Global Ratings
Mohammed Kateeb, Group Chairman and CEO, Path Solutions
Peter Tavener, CFO, Beehive
Raheel Iqbal, Managing Director, Technology Investments, Finocracy
12:40 – 13:00
What’s Next for Gold and Gold-Based Products
Recent Shariah rulings have provided opportunities for products based around gold. We take a detailed look at this interesting and innovative area.
Panelists:
John Durham, Manager – Depository, Gold Corporation, The Perth Mint
Philip Judge, CEO, Physical Gold Fund
13:00 – 13:10
Presentation: Talent Development in Islamic finance
Zaineb Sefiani, Founder, Carrera Learning
13:10 – 13:40
The Global Islamic Asset Management Industry: Challenges and Opportunities Going Forward
What is the real proposition for the Islamic asset management industry? Is it a thematic investment strategy or a viable, self-supporting industry? How large potentially is the market and should it become more aligned to ESG/SRI? Do passive products —largely ETFs — offer superior performance over active management, and if so, why? We also discuss key challenges facing the industry today, from reversing redemptions and outflows, to building investor confidence and trust, to alleviating fee pressure and improving distribution channels through technology. Through an engaging panel we seek answers.
Moderator:
Emilio Escartin, Professor of Islamic Finance, IE Business School
Panelists:
Anita Yadav, Head of Fixed Income Research, Senior Director, Wholesale Banking, Emirates NBD
Hakan Ozyon, Senior Portfolio Manager, Global Ethical Fund
Omar Rana, Co-Founder and Director, Finalytix
Sandeep Singh, Senior Director and Regional Head, Central Eastern Europe, Middle East and Africa, Franklin Templeton Investments
William Tohmé, Regional Head – MENA, CFA Institute
13:40
Forum Close
Dr Obaid Saif Hamad Al Zaabi
CEO
Securities and Commodities Authority
Abdulla Mohammed Al Awar
CEO
Dubai Islamic Economy Development Centre
Abdulkader Thomas
CEO
SHAPE Knowledge Services
Anita Yadav
Head of Fixed Income Research, Senior Director, Wholesale Banking
Emirates NBD
Arsalaan Ahmed
CEO, HSBC Amanah Malaysia
Dr Bello Lawal Danbatta
Secretary-General
IFSB
Debashis Dey
Partner
White & Case
Emilio Escartin
Professor of Islamic Finance
IE Business School
Esam El-Makkawy
CFO and Interim Company Secretary
Souq Extra
Fabrice Susini
CEO
Saudi Real Estate Refinance Company
Hakan Ozyon
Senior Portfolio Manager
Global Ethical Fund
Ijlal Alvi
CEO
International Islamic Financial Market (IIFM)
Issam Al Tawari
Founder and Managing Partner
Newbury Consulting
John Durham
Manager – Depository, Gold Corporation
The Perth Mint
Mohammed Alsehli
CEO
Wethaq
Mohamed Damak
Senior Director, Global Head of Islamic Finance
S&P Global Ratings
Mohammed Kateeb
Group Chairman and CEO
Path Solutions
Omar Rana
Co-Founder and Director, Finalytix
Peter Tavener
CFO, Beehive
Philip Judge
CEO
Physical Gold Fund
Qasim Aslam
Partner
Dentons
Raheel Iqbal
Managing Director, Technology Investments
Finocracy
Roshan Shah
Executive Director- Corporate Advisory Services, Al Mal Capital
Salman Bajwa
Head of Asset Management
Emirates NBD Asset Management
Sandeep Singh
Senior Director and Regional Head, Central Eastern Europe, Middle East and Africa
Franklin Templeton Investments
Shamzani Hussain
Managing Director and Head of Global Islamic Banking
FAB Siraj
Shibeer Ahmed
Partner
Winston & Strawn
William Tohmé
Regional Head – MENA
CFA Institute
Vineeta Tan
Managing Editor
Islamic Finance news
Yavar Moini
Financial Sector Expert
World Bank Group
Zaineb Sefiani
Founder
Carrera Learning
Issam Al Tawari
Founder and Managing Partner
Newbury Consulting
Khalid Howladar
Managing Director and Founder
Acreditus
Lawrence Oliver
Director and Deputy CEO
DDCAP
Mian Nazir
CEO
Dar Al Sharia
Mohamed Redzuan Abdul Hanif
Acting Head, Structured Finance
Al Hilal Bank
Nabil Issa
Partner
King & Spalding
Samer Hijazi
Partner, Head of Abu Dhabi Office
Grant Thornton
Sohail Zubairi
Projects Advisor
Dubai Islamic Economy Development Centre
Yavar Moini
Financial Sector Expert
World Bank Group
Vince Cook
CEO
National Bank of Fujairah PJSC
FORUM SPONSORS
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.
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.
Dentons
Dentons is the world’s largest law firm, delivering quality and value to clients around the globe. Dentons is a leader on the Acritas Global Elite Brand Index, a BTI Client Service 30 Award winner and recognized by prominent business and legal publications for its innovations in client service, including founding Nextlaw Labs and the Nextlaw Global Referral Network. Dentons’s polycentric approach and world-class talent challenge the status quo to advance client interests in the communities in which we live and work.
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.
Eternal Asset Management
Eternal Asset Management (EAM) is an Australia-based investment manager that specializes in ultra ethical and socially responsible investments, particularly Shariah compliant investments. It prides itself in being an ethical investment manager that establishes and grows world-class investment funds.
EAM’s goal is to build long-term wealth by investing in an ethical manner, without compromising the values and beliefs of its clients who are invested in a broad range of active strategies across equities, compliant income, multi-assets, alternatives and real estate.
Providing ethical and Shariah compliant investment opportunities enable EAM to not only capture financial returns for clients but also to realize intrinsic returns not replicated elsewhere.
First Abu Dhabi Bank
FAB, the UAE’s largest bank and one of the world’s largest and safest institutions, offers an extensive range of tailor-made solutions, and products and services, to provide a customized experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading corporate and investment banking and personal banking franchises.
Headquartered in Abu Dhabi in Khalifa Business Park, the bank’s international network spans five continents, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to ‘Grow Stronger’, FAB will continually invest in people and technology to create the most customer-friendly banking experience, and will support the growth ambitions of its stakeholders across countries in which the bank operates.
To empower its customers and clients to ‘Grow Stronger’, FAB initiated a powerful movement, which goes beyond banking. The ‘Grow Stronger’ movement represents the bank’s promise to support its stakeholders’ goals and growth ambitions, providing ideas, tools and expertise to help them become stronger.
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.
The Perth Mint
The Perth Mint (the Mint) is Australia’s largest and most highly accredited precious metals enterprise. Through its diverse operations and trusted products and services, it develops markets and creates demand for Australian precious metals the world over. Operating the leading refinery in the southern hemisphere and the only facility in Australia accredited for gold and silver by the London Bullion Market Association, the Mint maintains endorsements from commodity trading centers in London, New York, Tokyo, Shanghai and Dubai. Each year, the Mint exports US$14 billion-worth of bullion bars and coins to institutional and private investors located in 130 countries and, with a reputation for innovation and excellence, it issues legal tender commemoratives on behalf of the Commonwealth of Australia and surrounding nations for collectors.
Wholly owned by the government of Western Australia, the Mint offers the world’s only precious metals investment and storage program guaranteed by a sovereign entity and currently manages US$3 billion-worth of metals on behalf of 30,000 clients. Committed to sharing the remarkable story of gold with the global community, the Mint also hosts a premier tourist destination.
MEDIA PARTNERS
AlHuda CIBE
AlHuda Centre of Islamic Banking and Economics is working diligently and under vigilance shariah
compliant standards since its inception. AlHuda CIBE was established in 2005 and Mr. Zubair Mughal is its
Chief Executive Officer. AlHuda CIBE has been accredited as a distinguished service provider due to our
notable services, team of dedicated professionals and one stop solutions of Islamic banking and finance.
Our aim is to provide state-of-the-art and science services of Islamic banking and finance worldwide.
AlHuda head office is in UAE and regional offices are in Pakistan and in South Africa. AlHuda CIBE is
omnipresent worldwide for its various services:
- Advisory & Consultancy
- Research & Development
- Education & Capacity Building
- Shariah Advisory
- Publications & Events
Website link: www.alhudacibe.com
Oxford Business Group
Oxford Business Group (OBG) is a global research and consultancy company with a presence in over 30 countries, from the Middle East, Africa and Asia to the Americas. A distinctive and respected provider of on-the-ground intelligence on many of the world’s fastest growing markets, OBG has offices in London, Berlin, Dubai and Istanbul, and a network of local bureaus across the countries in which we operate.
Through its range of products, OBG offers comprehensive and accurate analysis of macroeconomic and sectoral developments, including banking, capital markets, tourism, energy, transport, industry and ICT. OBG provides business intelligence to its subscribers through multiple platforms: Economic News and Views, OBG Business Barometer – CEO Survey, Roundtables and conferences, Global Platform – exclusive video interviews, The Report publications and its Consultancy division.
Russian Business Council Middle East and Africa
The Russian Business Council (RBC) is a non-profit association of companies, entrepreneurs, decision-makers and influencers that facilitates trade and mutual investments between Russia and Middle East & Africa region. It supports the investors to take advantage of the economic growth and opportunities in these emerging markets.
RBC is determined to be the bridge between Russia and the MEA, and is the only Russian business association in the region.
The Business Year (TBY)
The Business Year (TBY) is a global media group specializing in economic news, research on national economies, and business intelligence across emerging markets. With operations in over 35 countries, we bring first-hand insights to investors, businesses, and governments worldwide.
True Banking
True Banking is a Bi-Monthly magazine working to deliver Islamic banking & financial services with specific focus on research development, market analysis, training and advancements. The prime aim of True Banking is to create awareness of Islamic banking and finance in the masses and to make available a platform to get the latest news, innovations and updates of national and international banking and finance industry. It is an addition to our achievements towards developing and promoting Shariah compliant financial industry worldwide.
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.
09:00 – 09:10
Opening Address
Abdulla Mohammed Al Awar, CEO, Dubai Islamic Economy Development Centre
09:10 – 09:25
Keynote Address
Dr Obaid Saif Hamad Al Zaabi, CEO, Securities and Commodities Authority
09:25 – 09:40
Keynote Address
Bryan Stirewalt, Chief Executive, Dubai Financial Services Authority
09:40 – 10:20
The World in 2019: Global Events and Islamic Finance and Investment
We discuss key ideas, issues and themes influencing Islamic finance and investment. From the growth of the Halal economy, to commodity prices, to product innovation and regulation, to global trade and protectionism, to the ascendancy of technology — what will offer opportunity and what will disrupt? Finally, we ask what role Islamic finance will play in the development of social inclusion and the achievement of the UN Sustainable Development Goals in the coming year.
Moderator:
Qasim Aslam, Partner, Dentons
Panelists:
Arsalaan Ahmed, CEO, HSBC Amanah Malaysia
Bryan Stirewalt, Chief Executive, Dubai Financial Services Authority
Salman Bajwa, Head of Asset Management, Emirates NBD Asset Management
Shamzani Hussain, Managing Director and Head of Global Islamic Banking, FAB Siraj
Shibeer Ahmed, Partner, Winston & Strawn
10:20 – 11:00
Co-Interview: Building Regulatory Frameworks in Islamic Finance and Fintech
We ask a panel of senior representatives of regulators, standard-setting bodies and exchanges for their views on the evolution of regulatory frameworks for Islamic finance and discuss successful approaches to regulating financial technology.
Moderator:
Abdulkader Thomas, CEO, SHAPE Knowledge Services
Panelists:
Dr Bello Lawal Danbatta, Secretary-General, IFSB
Ijlal Alvi, CEO, International Islamic Financial Market (IIFM)
11:00 – 11:50
Liquidity, Fixed Income and Sukuk in Global Capital Markets
We ask leading market professionals to discuss the prospects for regional and global capital and Sukuk markets in the coming months. What structures and asset classes will find favor with issuers and investors in a more volatile investment environment? We also examine distribution, ratings and credit enhancement measures, and identify other factors facing issuers in the Sukuk market.
Moderator:
Yavar Moini, Financial Sector Expert, World Bank Group
Panelists:
Debashis Dey, Partner, White & Case
Esam El-Makkawy, CFO and Interim Company Secretary, Souq Extra
Fabrice Susini, CEO, Saudi Real Estate Refinance Company
Issam Al Tawari, Founder and Managing Partner, Newbury Consulting
Roshan Shah, Executive Director – Corporate Advisory Services, Al Mal Capital
11:50 – 12:10
Coffee & Networking
12:10 – 12:40
Building Successful Fintech Ecosystems and Assessing the Evolving Role of Technology in Finance
Through an expert panel we identify what constitutes a successful fintech ecosystem and ask what measures are necessary to attract start-ups and spur and support innovation. We also analyze where technology, through platforms such as blockchain, will offer the most significant disruption: managing money, optimizing distribution channels, or both?
Moderator:
Vineeta Tan, Managing Editor, Islamic Finance news
Panelists:
Mohammed Alsehli, CEO, Wethaq
Mohamed Damak, Senior Director, Global Head of Islamic Finance, S&P Global Ratings
Mohammed Kateeb, Group Chairman and CEO, Path Solutions
Peter Tavener, CFO, Beehive
Raheel Iqbal, Managing Director, Technology Investments, Finocracy
12:40 – 13:00
What’s Next for Gold and Gold-Based Products
Recent Shariah rulings have provided opportunities for products based around gold. We take a detailed look at this interesting and innovative area.
Panelists:
John Durham, Manager – Depository, Gold Corporation, The Perth Mint
Philip Judge, CEO, Physical Gold Fund
13:00 – 13:10
Presentation: Talent Development in Islamic finance
Zaineb Sefiani, Founder, Carrera Learning
13:10 – 13:40
The Global Islamic Asset Management Industry: Challenges and Opportunities Going Forward
What is the real proposition for the Islamic asset management industry? Is it a thematic investment strategy or a viable, self-supporting industry? How large potentially is the market and should it become more aligned to ESG/SRI? Do passive products —largely ETFs — offer superior performance over active management, and if so, why? We also discuss key challenges facing the industry today, from reversing redemptions and outflows, to building investor confidence and trust, to alleviating fee pressure and improving distribution channels through technology. Through an engaging panel we seek answers.
Moderator:
Emilio Escartin, Professor of Islamic Finance, IE Business School
Panelists:
Anita Yadav, Head of Fixed Income Research, Senior Director, Wholesale Banking, Emirates NBD
Hakan Ozyon, Senior Portfolio Manager, Global Ethical Fund
Omar Rana, Co-Founder and Director, Finalytix
Sandeep Singh, Senior Director and Regional Head, Central Eastern Europe, Middle East and Africa, Franklin Templeton Investments
William Tohmé, Regional Head – MENA, CFA Institute
13:40
Forum Close
Bryan Stirewalt
Chief Executive
Dubai Financial Services Authority
Dr Obaid Saif Hamad Al Zaabi
CEO
Securities and Commodities Authority
Abdulla Mohammed Al Awar
CEO
Dubai Islamic Economy Development Centre
Abdulkader Thomas
CEO
SHAPE Knowledge Services
Anita Yadav
Head of Fixed Income Research, Senior Director, Wholesale Banking
Emirates NBD
Arsalaan Ahmed
CEO, HSBC Amanah Malaysia
Dr Bello Lawal Danbatta
Secretary-General
IFSB
Debashis Dey
Partner
White & Case
Emilio Escartin
Professor of Islamic Finance
IE Business School
Esam El-Makkawy
CFO and Interim Company Secretary
Souq Extra
Fabrice Susini
CEO
Saudi Real Estate Refinance Company
Hakan Ozyon
Senior Portfolio Manager
Global Ethical Fund
Ijlal Alvi
CEO
International Islamic Financial Market (IIFM)
Issam Al Tawari
Founder and Managing Partner
Newbury Consulting
John Durham
Manager – Depository, Gold Corporation
The Perth Mint
Mohammed Alsehli
CEO
Wethaq
Mohamed Damak
Senior Director, Global Head of Islamic Finance
S&P Global Ratings
Mohammed Kateeb
Group Chairman and CEO
Path Solutions
Omar Rana
Co-Founder and Director, Finalytix
Peter Tavener
CFO, Beehive
Philip Judge
CEO
Physical Gold Fund
Qasim Aslam
Partner
Dentons
Raheel Iqbal
Managing Director, Technology Investments
Finocracy
Roshan Shah
Executive Director- Corporate Advisory Services, Al Mal Capital
Salman Bajwa
Head of Asset Management
Emirates NBD Asset Management
Sandeep Singh
Senior Director and Regional Head, Central Eastern Europe, Middle East and Africa
Franklin Templeton Investments
Shamzani Hussain
Managing Director and Head of Global Islamic Banking
FAB Siraj
Shibeer Ahmed
Partner
Winston & Strawn
William Tohmé
Regional Head – MENA
CFA Institute
Vineeta Tan
Managing Editor
Islamic Finance news
Yavar Moini
Financial Sector Expert
World Bank Group
Zaineb Sefiani
Founder
Carrera Learning
Issam Al Tawari
Founder and Managing Partner
Newbury Consulting
Khalid Howladar
Managing Director and Founder
Acreditus
Lawrence Oliver
Director and Deputy CEO
DDCAP
Mian Nazir
CEO
Dar Al Sharia
Mohamed Redzuan Abdul Hanif
Acting Head, Structured Finance
Al Hilal Bank
Nabil Issa
Partner
King & Spalding
Samer Hijazi
Partner, Head of Abu Dhabi Office
Grant Thornton
Sohail Zubairi
Projects Advisor
Dubai Islamic Economy Development Centre
Yavar Moini
Financial Sector Expert
World Bank Group
Vince Cook
CEO
National Bank of Fujairah PJSC
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.
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.
Dentons
Dentons is the world’s largest law firm, delivering quality and value to clients around the globe. Dentons is a leader on the Acritas Global Elite Brand Index, a BTI Client Service 30 Award winner and recognized by prominent business and legal publications for its innovations in client service, including founding Nextlaw Labs and the Nextlaw Global Referral Network. Dentons’s polycentric approach and world-class talent challenge the status quo to advance client interests in the communities in which we live and work.
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.
Eternal Asset Management
Eternal Asset Management (EAM) is an Australia-based investment manager that specializes in ultra ethical and socially responsible investments, particularly Shariah compliant investments. It prides itself in being an ethical investment manager that establishes and grows world-class investment funds.
EAM’s goal is to build long-term wealth by investing in an ethical manner, without compromising the values and beliefs of its clients who are invested in a broad range of active strategies across equities, compliant income, multi-assets, alternatives and real estate.
Providing ethical and Shariah compliant investment opportunities enable EAM to not only capture financial returns for clients but also to realize intrinsic returns not replicated elsewhere.
First Abu Dhabi Bank
FAB, the UAE’s largest bank and one of the world’s largest and safest institutions, offers an extensive range of tailor-made solutions, and products and services, to provide a customized experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading corporate and investment banking and personal banking franchises.
Headquartered in Abu Dhabi in Khalifa Business Park, the bank’s international network spans five continents, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to ‘Grow Stronger’, FAB will continually invest in people and technology to create the most customer-friendly banking experience, and will support the growth ambitions of its stakeholders across countries in which the bank operates.
To empower its customers and clients to ‘Grow Stronger’, FAB initiated a powerful movement, which goes beyond banking. The ‘Grow Stronger’ movement represents the bank’s promise to support its stakeholders’ goals and growth ambitions, providing ideas, tools and expertise to help them become stronger.
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.
The Perth Mint
The Perth Mint (the Mint) is Australia’s largest and most highly accredited precious metals enterprise. Through its diverse operations and trusted products and services, it develops markets and creates demand for Australian precious metals the world over. Operating the leading refinery in the southern hemisphere and the only facility in Australia accredited for gold and silver by the London Bullion Market Association, the Mint maintains endorsements from commodity trading centers in London, New York, Tokyo, Shanghai and Dubai. Each year, the Mint exports US$14 billion-worth of bullion bars and coins to institutional and private investors located in 130 countries and, with a reputation for innovation and excellence, it issues legal tender commemoratives on behalf of the Commonwealth of Australia and surrounding nations for collectors.
Wholly owned by the government of Western Australia, the Mint offers the world’s only precious metals investment and storage program guaranteed by a sovereign entity and currently manages US$3 billion-worth of metals on behalf of 30,000 clients. Committed to sharing the remarkable story of gold with the global community, the Mint also hosts a premier tourist destination.
MEDIA PARTNERS
AlHuda CIBE
AlHuda Centre of Islamic Banking and Economics is working diligently and under vigilance shariah
compliant standards since its inception. AlHuda CIBE was established in 2005 and Mr. Zubair Mughal is its
Chief Executive Officer. AlHuda CIBE has been accredited as a distinguished service provider due to our
notable services, team of dedicated professionals and one stop solutions of Islamic banking and finance.
Our aim is to provide state-of-the-art and science services of Islamic banking and finance worldwide.
AlHuda head office is in UAE and regional offices are in Pakistan and in South Africa. AlHuda CIBE is
omnipresent worldwide for its various services:
- Advisory & Consultancy
- Research & Development
- Education & Capacity Building
- Shariah Advisory
- Publications & Events
Website link: www.alhudacibe.com
Oxford Business Group
Oxford Business Group (OBG) is a global research and consultancy company with a presence in over 30 countries, from the Middle East, Africa and Asia to the Americas. A distinctive and respected provider of on-the-ground intelligence on many of the world’s fastest growing markets, OBG has offices in London, Berlin, Dubai and Istanbul, and a network of local bureaus across the countries in which we operate.
Through its range of products, OBG offers comprehensive and accurate analysis of macroeconomic and sectoral developments, including banking, capital markets, tourism, energy, transport, industry and ICT. OBG provides business intelligence to its subscribers through multiple platforms: Economic News and Views, OBG Business Barometer – CEO Survey, Roundtables and conferences, Global Platform – exclusive video interviews, The Report publications and its Consultancy division.
Russian Business Council Middle East and Africa
The Russian Business Council (RBC) is a non-profit association of companies, entrepreneurs, decision-makers and influencers that facilitates trade and mutual investments between Russia and Middle East & Africa region. It supports the investors to take advantage of the economic growth and opportunities in these emerging markets.
RBC is determined to be the bridge between Russia and the MEA, and is the only Russian business association in the region.
The Business Year (TBY)
The Business Year (TBY) is a global media group specializing in economic news, research on national economies, and business intelligence across emerging markets. With operations in over 35 countries, we bring first-hand insights to investors, businesses, and governments worldwide.
True Banking
True Banking is a Bi-Monthly magazine working to deliver Islamic banking & financial services with specific focus on research development, market analysis, training and advancements. The prime aim of True Banking is to create awareness of Islamic banking and finance in the masses and to make available a platform to get the latest news, innovations and updates of national and international banking and finance industry. It is an addition to our achievements towards developing and promoting Shariah compliant financial industry worldwide.
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FORUM PHOTOS
Last Visit to Dubai
The IFN World Leaders Summit is a unique invite-only annual meeting gathering CEOs of Islamic financial institutions, top business leaders, policymakers, legal experts, economists and thought leaders from key Shariah finance markets to critically discuss and debate the most pressing issues facing the Islamic finance industry.
The one-day summit is a rare opportunity for the industry’s most influential figures to congregate and openly address some of the biggest and most crucial topics in a conducive environment, providing invaluable international insights on the biggest challenges and opportunities for the posterity of the Islamic financial industry.
CEOs of some of the biggest names in Islamic finance and industry captains will share their expectations for the coming year, their thoughts on subjects rarely discussed in other public forums and their insights into some of the most controversial issues hitting the industry. Market pundits will discuss how unfolding international and regional geopolitical events are influencing Shariah finance performance and corporates will tell their side of their capital-raising story on the difficulties (and benefits) of choosing the Islamic route. Fintech experts will also share the stage speaking on real issues in fintegration.
Convening on the 11th March in Dubai, the inaugural IFN World Leaders Summit will coincide with the industry’s leading gathering of market practitioners and issuers – the IFN Awards Ceremony – making this a truly global networking event for like-minded market elites.
For any inquiries contact us
Our team will be glad to answer any questions you may have about this event.
