Going into its 12th year, IFN Asia Forum will bring together industry experts and investors from across the world to convene at REDmoney Group's flagship event that focuses on the world's largest and most active Islamic financial market. The two-day event will be a platform for industry professionals to discuss the latest issues surrounding the development of Islamic finance in the Asian region.
While Malaysia and Indonesia continue to lead the pack in terms of Islamic finance activities and Sukuk issuance, other major economies such as Pakistan, Singapore, Hong Kong and Australia are increasingly turning towards Shariah compliant financing activities to raise funds for projects, especially infrastructure- related ones. Turning to West Asia, Turkey has also emerged as a growing force in Shariah compliant finance with its participation banks, and the government's increasing encouragement for the industry to take flight has seen more banks launching Shariah compliant banking windows.
Asia's fast- growing Islamic capital markets will no doubt be a space that investors will keep their eyes on, as opportunities abound in this exciting market, and IFN Asia Forum will provide a chance for the audience to gain a clearer picture on the ongoing trends in the region, with invaluable insights from market and industry experts.
Keynote speakers:
Ravi Karunanayake Minister of Finance, Sri Lanka
Dr Azeema Adam Governor, Maldives Monetary Authority
Dr Zeti Akhtar Aziz Co-chair Board of Governors, Asia School of Business Former Governor, Bank Negara Malaysia
Abdulla Al Awar CEO, Dubai Islamic Economy Development Centre
Azmi Abdul Aziz Group Managing Director, Prasarana Group
Khaled Al Aboodi CEO, Islamic Corporation for the Development of the Private Sector (ICD)
Shahril Ridza Ridzuan CEO, Employees Provident Fund, Malaysia
Khalid Howladar — Managing Director, Acreditus, the UAE
09:15 – 09:30
Keynote Address Zainal Izlan Zainal Abidin — Managing Director, Development & Islamic Markets, Securities Commission Malaysia
09:30 – 10:30
The Capital Raising Crystal Ball If 2016 has taught us anything it is to expect the unexpected. In an age of unpredictability we ask our industry’s elite for insight into industry growth and trajectory for 2017.
Moderator:
Nicholas Edmondes — Partner, Trowers & Hamlins
Panelists:
Azmi Abdul Aziz — President and Group CEO, Prasarana Berhad Oz Ahmed — CEO, HSBC Amanah Malaysia Rafe Haneef — CEO & Executive Director, CIMB Islamic Bank Raja Teh Maimunah — CEO, AmInvestment Bank
10:30 – 11:00
Coffee Break
11:00 – 12:00
Islamic Corporate Financing Activity in 2017: Players, Markets and Sectors From syndicated financing to corporate Sukuk, what key markets and sectors should we focus on, where will activity center itself and who are the prospective corporate Sukuk buyers?
Moderator:
Ruslena Ramli — Head of Islamic Finance, RAM Ratings
Panelists:
Hitesh Asarpota — Managing Director, Capital Markets, Emirates NBD Capital, the UAE Ijlal Alvi — CEO, International Islamic Financial Market (IIFM) Mohamad Safri Shahul Hamid — Senior Managing Director and Deputy CEO, CIMB Islamic Bank Norazua Mohd Marzuki — Head of Islamic Finance , Bank of Tokyo-Mitsubishi UFJ, Malaysia Nitish Bhojnagarwala — Vice-President - Senior Analyst, Financial Institutions Group, Moody’s Investors Service, the UAE Qudeer Latif — Partner, Head of Islamic Finance, Clifford Chance, the UAE
12:00 – 12:30
Keynote Interview: Creating Tomorrow’s Leaders
Interviewer:
Mohammad Faiz Azmi – Executive Chairman, PwC Malaysia
Interviewees:
Khaled Al Aboodi — CEO, Islamic Corporation for the Development of the Private Sector Dr Zeti Akhtar Aziz — Co-chair Board of Governors, Asia School of Business, Former Governor, Bank Negara Malaysia
12:30 – 12:50
Onstage Interview: The Future of Human Capital in the Islamic Finance Industry
Keynote Address Dr Gholamreza Mesbahi Moghaddam — President, Shariah Council, Securities & Exchange Organization of Iran
13:00 – 14:15
Lunch
14:15 – 14:55
Unleashing Innovative Possibilities in Islamic Finance At its core, Islamic finance has both the mandate and capability to spur innovation to generate real value for all participants. Leveraging off the leading final innovation project of ICD's Miras Islamic Finance Talent Development Program, an esteemed industry group of panellists will discuss the importance of engendering a culture of innovation and discuss ways to unleash the innovative potential of Islamic finance institutions to drive further growth and real-world positive impact.
Brought to you by the Islamic Corporation for the Development of the Private Sector
Moderator:
Badlisyah Abdul Ghani — Deputy CEO, Lembaga Tabung Haji
Panelists:
Fazhil Kyeyune Mwesigwa — Risk Analyst, Islamic Corporation for the Development of the Private Sector and MIRAS Fellow Associate 2015 Nida Raza — Director and Head of Advisory, Islamic Corporation for the Development of the Private Sector Rehan Pathan — Partner, Middle East and Malaysia, Arabesque Asset Management Umar Munshi — Founder, Ethis Ventures
14:55 – 15:30
REDTALKS Innovative ideas to advance the industry
Get prepared for the Asian decade! In Asset Management 2020 (featured at the IFN Investor Forum 2016), we predicted and analysed the impact of the global megatrends reshaping our economies today. As an extension of those mega trends, the focus is now on the next wave of game changers that will lead to opportunities for asset and wealth management in Asia Pacific. Armin Choksey — Director, PwC Singapore.
Blockchains: Mining Numbers Not Gold Mark Smalley — Co-founder and CEO, Neuroware
15:30 – 16:30
IFN Debate: Will Fintech Disrupt the Future of Capital Raising?
Moderator:
Azleena Idris — Consultant, SHAPE Knowledge Services, Former Deputy Director of Islamic Banking, Bank Negara Malaysia
Panelists:
Alex Armstrong — Founder, TrustExec, the UAE Angelld Quah - Co-Founder and COO of FundedByMe Malaysia Arif Siddique – Chief Information Officer (CIO), Malaysia and Group CIO, Islamic Banking, Standard Chartered Bank Kyri Andreou — Co-Founder & Director, Ata Plus Mohd. Rithaudden Makip — Deputy CEO (II), SME Corp Naysan Munusamy — Co-Founder, MoneyMatch Yanese Chellapen — Director, Unkapt, Australia
16:30 – 17:00
Coffee Break
17:00
End of Capital Raising & Banking Day
DAY 2: Investors Day
09:00 – 09:15
Welcome Remarks
09:15 – 09:45
Keynote Interview: Advancing National Ambitions and Shaping the Tomorrow of Islamic Finance We ask our distinguished panel to provide insight into their strategic initiatives for attracting Islamic investments into their respective markets. What is the investment landscape and what are the opportunities for investors? Beyond supporting their policy goals for Islamic finance what is driving the surge in the issuance of sovereign Sukuk vs bonds in these countries?
Moderator:
Khalid Howladar — Managing Director, Acreditus, the UAE
Panelists:
Abdulla Al Awar — CEO, Dubai Islamic Economy Development Centre, the UAE Dr Azeema Adam — Governor, Maldives Monetary Authority Mohd Hassan Ahmad — Deputy Undersecretary Fiscal Policy, Ministry of Finance, Malaysia Ravi Karunanayake — Minister of Finance, Sri Lanka
09:45 – 10:30
The Hunt for Yield and Preservation of Wealth in an age of Volatility
Moderator:
Rejina Rahim — Managing Director and Country Head, Nomura Asset Management Malaysia
Panelists:
Alexandra Solnik — Executive Director, BNP Paribas Investment Partners Najmah Robert Hahm — CEO, Mashreq Capital Ed Bond — Executive Director, Head of South East Asia Investor Services & APAC Collateral Management Sales, J.P. Morgan Investor Services Hanifah Hashim — Executive Director & Head, Malaysian Fixed Income & Sukuk, Franklin Templeton Michael Orzano — Director, Global Equity Indices, S&P Dow Jones Indices, the US
10:30 – 10:50
Onstage Interview: How do Institutional Investors Continually Beat the Market?
Interviewer:
Kevin Wong - Senior Managing Director & Head of Sector Solutions, Asia Pacific, State Street
Interviewee:
Shahril Ridza Ridzuan — CEO, Employees Provident Fund, Malaysia
10:50 – 11:20
Coffee Break
MARKETS HOUR
11:20 – 11:55
Investment Outlook and Opportunities in Emerging Markets
Moderator:
Cassim Docrat – Director, DDCAP DIFC
Panelists:
Dr Gholamreza Mesbahi Moghaddam – President, Shariah Council, Securities & Exchange Organization of Iran Love Yadav – Group Managing Director, Amana Capital, Sri Lanka Todd Schubert – Managing Director, Fixed Income Research, Bank of Singapore
11:55 – 12:25
Opportunities for Islamic Investments in Developed Markets (the UK, the Americas, Australia)
Moderator:
Khalid Howladar — Managing Director, Acreditus, the UAE
Panelists:
Anup Patel – President and Chief Investment Officer, Arch Street Capital Advisors, the US Christopher Aylward — Partner, Finance & Major Transactions, Madison Marcus, Australia John Yeend – Partner, 90 North Real Estate Partners, UK
12:25 – 12:45
Onstage Interview: Does Islamic Investing Cost? An empirical study: Evaluating investing in Social Responsible Investments (SRI), Islamic or Conventional
Interviewer:
Kavilash Chawla — Partner, Bâton Global, and Visiting Scholar, Drake University, USA
Interviewees:
Andrea Paltrinieri Ph.D — Assistant Professor of Banking and Finance, University of Udine, Italy Alejandro Echegorri — CEO - ASEAN Region, CIMB-Principal Asset Management
12:45 – 13:45
Lunch
FINTECH HOUR
13:45 – 14:00
Pioneering Fintech Investment on a Robo Advisory Platform Stuart Yeomans — CEO, Farringdon Group
14:00 – 14:45
Who’s Investing in Fintech – and Why?
Moderator:
Johnny Mayo — Entrepreneur in Residence, KERN Ventures
Panelists:
Edward Gustely — Managing Director, Penida Capital Advisors, Indonesia Khailee Ng — Managing Partner, 500 Startups Sam Shafie — Founder, Watch Tower & Partners Sam Quawasmi – Co-CEO and Co-Founder, Eureeca.com
14:45 – 15:25
The Untapped Potential of Waqf Funds
Moderator:
Abdulkader Thomas — CEO, SHAPE Knowledge Services
Panelists:
Adissadikin Ali — Managing Director/Chief Executive Officer, RHB Islamic Bank Azizi Ali — SVP, Islamic Business, Cagamas Muhammad Ali Hashim — Chairman, Awqaf Holdings Dr Shamsiah Abdul Karim — Waqf Specialist & Shariah Advisor, Pergas Investment Holdings (PIH)
15:25 – 16:00
Ethical Finance Roundtable
Moderator:
Stuart Hutton — Chief Investment Officer, Simply Ethical, the UK
Panelists:
Cindy Rose — Head of Responsible Investing – Stewardship, Aberdeen Asset Management, the UK Christian Guckel – Chief Risk Officer, SEDCO Capital Jamaluddin Nor Mohamad — Bursa Malaysia Monem Salam — President, Saturna Malaysia
16:00 – 16:40
Sri Lanka Investment Session
16:00 – 16:10
Keynote Address Ravi Karunanayake — Minister of Finance, Sri Lanka
16:10 – 16:40
Panel session: Opportunities for Islamic Finance and Investments in Sri Lanka
Ravi Karunanayake — Minister of Finance, Sri Lanka Krishan Thilakaratne – CEO - Al Falaah, Lanka Orix Finance, Sri Lanka Osman Kassim – Chairman, Amana Bank, Sri Lanka Manil Jayasinghe – Partner, EY, Sri Lanka Ishrat Rauff – Group MD/CEO, ADL Capital, Sri Lanka
16:40 – 17:10
Coffee & Networking
17:10
End of Investors Day
Side Events
Capital Raising & Banking Day — Monday, 10th April
➤ IIFM Seminar
14:00 – 17:30 Workshop on IIFM Standards - Islamic Hedging and Liquidity Management – A Practical Approach
14:00 – 15:45
Islamic Hedging Standards
Need for hedging in Islamic finance
Background and Overall Developments in Islamic Hedging Segment
ISDA/IIFM Tahawwut Master Agreement (TMA)
Unique Clauses and Designated Future Transactions (DFT) Examples
Islamic Hedging Product Confirmations
Islamic Profit Rate Swap
Islamic Cross Currency Swap
Islamic FX Forward
Islamic Credit Support Deed
EU Variation Margin Regulation
Law Reforms in Islamic Jurisdictions and TMA Legal Opinions
Speakers:
Prof. Dr. Mohd Akram Laldin — Executive Director, International Shari’ah Research Academy for Islamic Finance (ISRA), Kuala Lumpur Ijlal Ahmed Alvi — Chief Executive Officer, IIFM Qudeer Latif — Partner-Head of Islamic Finance, Clifford Chance LLP, Dubai
15:45 – 16:30
Collateralized Murabahah Standard – Alternate to Repo
IIFM Standard Collateral Documentation & Guidance Memorandum – Key Features
Legal aspects such as:
Security Interest vs Title Transfer
Maintenance of Collateral Level
Treatment of Collateral in case of default etc
Monitoring and treatment of pledge securities for bilateral transactions
Bilateral and Triparty Collateral Management arrangements
Speakers:
Ismail Dadabhoy — Advisor, IIFM Mohamed Dagher - Head of Account Management - Middle East, Africa & CIS, Euroclear Bank, Dubai Representative Office Qudeer Latif — Partner-Head of Islamic Finance, Clifford Chance LLP, Dubai
16:30
End of Workshop and Coffee Break
Photo Gallery
IFN Asia Forum 2017: Capital Raising & Banking Day
WORKSHOP ON IIFM STANDARDS - ISLAMIC HEDGING AND LIQUIDITY MANAGEMENT – A PRACTICAL APPROACH
Unleashing Innovative Possibilities in Islamic Finance
Onstage Interview: How do Institutional Investors Continually Beat the Market?
Ethical Finance Roundtable
