JOIN US IN
About The Dialogues
The global Islamic finance industry is entering a new era of new possibilities with its convergence with the larger sustainable and ethical finance movement. The digital wave is also reshaping the industry, with consumer behavior changing and Islamic financial institutions compelled to be more adept and forwardthinking with their growth strategy.
We are delighted to host global leaders in Manama for the IFN World Islamic Finance Dialogues. One of the most respected Islamic finance leaders in the world, Bahrain is widely recognized for its pioneering role in deepening Islamic finance knowledge capital for the industry as well as it continuous influence in promoting innovation.
Home to some of the most consequential global Islamic standard-setting bodies – AAOIFI, International Islamic Financial Market and the General Council for Islamic Banks and Financial Institutions – Bahrain has spearheaded developments in Islamic fintech and digital transformations, and has immersed itself in the ESG finance movement.
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.
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.
IFN has done it again. Getting together Islamic finance influencers to assure the free flow of ideas and information. This is how innovations in our field are born. Bringing in the financiers from GCC, Europe and Southeast Asia is a great recipe for the effective distribution of intellectual products. Kudos to the organizers for a perfectly assembled event
An Introduction to 2024
In 2023 we returned to a full in-person program, with record numbers at many of our events – a sign of normality returning to the events industry.
For 2024 we have curated a fantastic lineup consisting of our regular leading events, a return to some markets after a short hiatus, and the introduction of two intriguing Islamic investment events.
We run a mixture of Forums and Dialogues throughout the year, depending on what each market responds best to. Essentially, they’re very similar, with only the structure of the discussion being different. For a partner, there’s no difference.
Our focus remains on delivering the best experience possible for delegates, speakers and partners.
What to look out for in 2024:
- Awards Ceremonies: The IFN Awards are the most coveted in the industry and our two Awards Ceremonies in Dubai and Kuala Lumpur continue to gather the elite form the Islamic finance world.
- Investor Forums: New for 2024, these two large-scale Forums in Dubai and Kuala Lumpur coincide with the launch of our new IFN Investor platform and will provide the perfect setting to discuss and debate the rapidly developing global Islamic investment space.
- UK Forum: Europe’s largest, longest running and most influential Islamic finance event will again return to the glorious Mansion House, under the patronage of the Lord Mayor of London. A truly global event, with key focusses on investment flows, sustainable, product development and Fintech.
- Oman Forum: This is the only annual international Islamic finance event in the stunning Sultanate, and one not to miss if Oman is on your radar. Full regulatory support, and all local banks and intermediaries are in attendance.
- Qatar Dialogues: In partnership with the Qatar Financial Centre, we’ll continue the discussion on the development of Islamic finance in the State and its important role in the global markets.
- Asia Forum: Our flagship event, the IFN Asia Forum is the largest Islamic finance focused event anywhere. Covering all markets and sectors in the region, if Asia is in your plans, this event is a must.
- Indonesia Dialogues: Still the world’s largest Muslim population with massive potential, this is the only international Islamic finance event in the island nation. Opportunities are rife and we’re now witnessing seismic changes in the Islamic finance landscape.
- Turkiye Dialogues: Returning to Istanbul with a physical event for the first time since 2019, we’ve been following from afar the phenomenal growth and development of the Islamic finance industry in the Republic. There’s much to discuss and we’d be delighted if you joined us.
- Saudi Arabia: Saudi Arabia remains the world’s largest Islamic finance center and an important market for IFN. This marks our 12th KSA event where we'll be discussing and debating how the Kingdom can build on its dominance and the role Islamic finance will play towards Saudi Vision 2030.
- Bahrain: Rounding off the year again in beautiful Bahrain for the World Islamic Finance Dialogues, we’ll be reviewing the year just past, previewing the year ahead and discussing the global industry at large.
As always, all Forums will be recorded and posted online for all to view, and all events will be complemented by a comprehensive Post Event Review. .
We’re excited for the new year and look forward to welcoming you to our events and assisting in the continued global growth of the Islamic financial markets.
#IFNEVENTS2024
Dialogues Agenda
9.10 – 9.15
Welcome Address
9.15 – 9.30
Keynote Address
9.30 – 9.40
Presentation: The Third National Development Strategy for the Kingdom of Bahrain 2024–2030
9.40 – 11.40
Dialogue One: Driving Growth - Bahrain’s Islamic Financial Markets
- What progress have the Bahraini Shariah compliant financial markets made since we last met?
- What is a competitive advantage the Bahraini Islamic capital market can lay claim to, and what activities do the Kingdom perform well?
- How will interest rates influence domestic and regional Sukuk markets in late 2024 and early 2025, and what opportunities will be on offer for investors?
- How can Bahrain further deploy Sukuk to support banking and non-banking financial businesses?
- What are the key drivers behind the growth of the Islamic capital markets in Bahrain, and what challenges need to be addressed to sustain this momentum?
- How is Bahrain leveraging technology and digitalization to modernize capital markets infrastructure, as well as further the development of digital assets?
- How significant is the re-emergence of the regulatory capital Sukuk market for Bahrain’s Islamic financial institutions?
- How can green and sustainability linked Sukuk and other innovations further flourish in Bahrain?
- How can Bahrain further drive the integration of sustainability and climate risk into the development of Shariah compliant investment products?
- To what extent has the domestic Islamic asset management industry managed to differentiate itself from its conventional peer?
- What opportunities exist for Shariah compliant asset owners and managers in Bahrain to diversify their product offerings and expand into new markets and asset classes?
Hakan Ozyon, CEO, Hejaz Financial Services
11.40 – 12.10
Coffee and Networking
12.10 – 14.10
Dialogue Two: A Model for Stability - Islamic Banking in Bahrain
- What makes Bahrain’s banking system – comprising of both conventional and Islamic financial institutions – a model for others to follow?
- How has an open economy, prudent macroeconomic policies and regulatory frameworks contributed to the development of Islamic banking in Bahrain?
- Recent mergers have bolstered the market share and balance sheets of Bahraini Islamic financial institutions. Will consolidation of the banking sector continue, and how will smaller institutions perform?
- How far along the transformation journey are Islamic financial institutions in Bahrain, and what more needs to be done?
- How have regulatory frameworks and sandboxes driven innovation in Shariah compliant financial technology and digital assets in Bahrain?
- With the recent launches of digital Islamic banks in Bahrain, how will the development and delivery of domestic Islamic financial services evolve?
- Do Islamic banks in Bahrain still face challenges in terms of liquidity creation and liquidity risk management, and what solutions are available?
- What regulatory frameworks and guidelines exist in Bahrain to promote ESG practices within Islamic financial institutions?
- How is climate risk being measured in the banking books of Bahrain Islamic financial institutions?
- How is the adoption of ESG frameworks pushing the agenda for better financial inclusion, climate impact and governance under the umbrella of responsible banking in Bahrain?
Debopam Dutta, Senior Associate, Trowers & Hamlins
14.10
Luncheon
Dialogues Speakers
Debopam Dutta
Senior Associate, Trowers & HamlinsHakan Ozyon
CEO, Hejaz Financial ServicesAdvisory Board
Elina Mohamed
Group General Counsel, Bapco EnergiesDr Gulnar Mulla
Senior Fellow of Department of Finance, University of Technology BahrainLilian Le Falher
Executive Manager, Head of Treasury and Capital Markets, Kuwait Finance House (Bahrain)Mughees Shaukat
Senior Manager, AAOIFIRachid Ettaai
Business Development Manager, General Council for Islamic Banks and Financial Institutions (CIBAFI)Dr Rizwan Malik
Head, Islamic Finance Centre, Bahrain Institute of Banking & FinanceDr Shaher Abbas
CEO, IFIN ServicesRegistration
In The News
IFN Monthly Review: August – Welcoming new Islamic banking units
Some notable announcements in the global Islamic banking landscape this past month include the launch of Maybank Philippines’ new Shariah...
Bahrain: Driven by strong support
Bahrain may be the smallest oil producer in the GCC, but it receives strong support from the other countries in the region…
Sovereign Securities: Bahrain’s Sukuk Salam and Sukuk Ijarah issuances oversubscribed
Bahrain’s monthly issuances of its Sukuk Salam and Sukuk Ijarah were both oversubscribed, while Indonesia continued with the…
Bahrain’s Islamic wholesale bank exits from investment in Dubai’s The World; prepares for merger
As property and land values in Dubai are on a three-year golden run, Bahrain-based Islamic wholesale bank Venture Capital Bank…
The Previous World Islamic Finance Dialogues
World Islamic Finance Dialogues 2023
One of the most respected Islamic finance leaders in the world, Bahrain is widely recognized for its pioneering role in deepening Islamic finance knowledge capital for the industry as well as it continuous influence in promoting innovation.
Home to some of the most consequential global Islamic standard-setting bodies – AAOIFI, International Islamic Financial Market and the General Council for Islamic Banks and Financial Institutions – Bahrain in recent years has taken the lead to spearhead developments in Islamic fintech and digital transformations. It was one of the first in the region to regulate digital investment management, crowdfunding and cryptocurrencies while taking into consideration the unique requirements of Shariah. It has also graduated several Islamic fintech companies from its regulatory sandbox. Amid the digital wave, the Kingdom has also taken significant steps toward promoting ESG and Islamic finance.
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.