Exploring Indonesia’s Potential as a Global Player in Islamic Banking and the Islamic Capital Market

  • IN ASSOCIATION WITH

Date: 15th April 2014 Venue: Shangri-La Hotel, Jakarta

Agenda

Key Discussion Themes

  • Promoting an Islamic economy in Indonesia: What can be expected from regulators
  • Regulators Roundtable: Impact of an Indonesian Islamic megabank, legal issues and taxation updates
  • Outlook for corporate Sukuk: Key drivers for growth
  • Discussing emerging opportunities in Islamic multi finance companies, MSMEs, crowdfund investing and retail banking
  • Issuers Roundtable: Discussing key success factors of Indonesia's top Sukuk deals in 2013
  • The Indonesian Takaful market: Regulations and market developments
  • The Islamic investment landscape: Which asset classes are expected to outperform and why

 



08:00 - 09:00
Registration
 
09:00 - 09:15
Keynote Address
Dr Mulya E Siregar - Deputy Commissioner for Banking Supervision, Otoritas Jasa Keuangan (OJK)
 
09:15 - 09:30
Keynote Address: Advancing Indonesia's Growing Presence in the Global Islamic Capital Markets
Dr Bambang P.S. Brodjonegoro - Vice Minister, Ministry of Finance, Indonesia
 
09:30 - 10:15
Regulators Roundtable: Promoting an Islamic Economy in Indonesia as a National Agenda
  • Regulatory enablement: The specific roles of Indonesia’s regulatory bodies in governing and promoting Islamic finance
  • Discussing an industry-wide strategy required to take Islamic finance mainstream in Indonesia: Establishment of state-owned Islamic banks, impact of an Indonesian Islamic megabank, linkage program and a strategy of financial inclusion
  • Regulating the transfer and management of Hajj funds by Indonesia’s Islamic banks
  • Going beyond the rhetoric: Anticipated regulatory changes to support Indonesia’s potential as a dominant Islamic investment destination
Moderator: Meitra Ninanda Sari - Corporate Secretary, Bank Muamalat Indonesia
Panelists: Anggito Abimanyu - Director General of Hajj and Umrah, Ministry of Religious Affairs
Friderica Widyasari Dewi - Market Development Director, Indonesia Stock Exchange
Nasirwan Ilyas - Deputy Director, Research Islamic Banking Department, Otoritas Jasa Keuangan
Wien Irwanto - Deputy Director of Transaction Management, Directorate of Islamic Financing, Ministry of Finance, Indonesia
 
10:15 - 10:45
Networking Break
 
10:45 - 11:05
Maybank Syariah Launch
 
11:05 - 11:55
CEO Session: Addressing Challenges through Innovation: Emerging Trends and Opportunities
  • How can Indonesia’s Islamic banks continue to grow
  • Outlook for the micro, small and medium enterprise (MSME) sector: Is Islamic finance achieving its goal of increasing financial access to MSMEs
  • Growth prospects for syndicated finance, trade and infrastructure finance
  • Future of multifinance companies in the Islamic finance landscape
  • Transfer of Hajj funds to Indonesia’s Shariah banks: Opportunities ahead and impact on the industry
  • Future direction for Indonesia’s Shariah compliance retail banking industry
  • Financial inclusion: Role of market players and multilateral agencies in raising awareness of Islamic retail banking and microfinancing
Moderator: Albert Wiseman Paterson - President Director, Sun Life Financial
Panelists: Beny Witjaksono - President Director, Bank Mega Syariah
Hendiarto Yogiono - Chief Financial Officer, Bank Muamalat Indonesia
Najmul Hassan - Director, Remedial Asset Management, Islamic Corporation for the Development of the Private Sector, IDB Group
Norfadelizan Abdul Rahman - President Director, Maybank Syariah Indonesia
Yuslam Fauzi - President Director, Bank Syariah Mandiri
 
11:55 - 12:30
Session Three: Addressing the Challenges Posed by Legal and Taxation Issues
  • Revisiting tax issues: Finding solutions to current restrictions affecting Islamic finance transactions
  • Is a cohesive legislative and tax framework in the pipeline and what does its absence mean for potential issuers?
  • Can issuers expect tax incentives and exemptions in 2014
  • Overcoming civil law challenges: What can issuers do to sidestep issues related to beneficial ownership?
  • Pricing issues: Impact of taxation complexities on how Sukuk is priced
  • Taxation aspects in an international context: pitfalls and opportunities
Moderator: Ariff Sultan - Regional Director (Asia), IdealRatings, Singapore
Panelists: Alain Verbeken - Director, Cross-Border Tax, Deloitte Tax & Consulting, Luxembourg
Hanim Hamzah - Partner, Roosdiono & Partners
Margie Margaret - Partner & Financial Services Tax Leader, PwC
 
12:30 - 13:45
Luncheon
 
13:45 - 14:45
Session Four: Advancing Indonesia's Growth in Islamic Finance: A View from Established Markets in Asia and the Middle East
  • How foreign market players and potential investors view Indonesia as an Islamic investment destination
  • Sovereign, quasi-sovereign and corporate Sukuk issuances - what foreign investors are looking for
  • Does Indonesia need to transform its business model in order to succeed?
  • What sectors should market players and regulators focus on
  • The vital need to invest in marketing the Islamic finance concept and educating the market: lessons learnt from Malaysia and the Gulf
  • Shariah considerations: Addressing the crucial issues of developing Shariah scholars and setting up Shariah boards
Moderator: Lawrence Oliver - Deputy Chief Executive Officer, DDCAP Group, United Kingdom
Panelists: Ahmad Nazim Abdul Rahman - Group Chief Executive Officer, Pelaburan Mara, Malaysia
Alhami Mohd Abdan - Head, International Finance & Capital Market, OCBC Al-Amin Bank, Malaysia
Dr Aznan Hassan - President , Association of Shariah Advisors in Islamic Finance, Malaysia
Ritjana Ceveli - Managing Director of Asset Management & Advisory, Ridge Capital, United Arab Emirates
 
14:45 - 15:00
Special Address
Zainal Izlan Zainal Abidin - Executive Director, Islamic Capital Market, Securities Commission Malaysia
 
15:00 - 15:45
Deal Roundtable: Discussing Key Success Factors of Indonesia's Top Deals in 2013
  • PT Astra Sedaya Finance USD50 million Wakalah Syndicated Financing
  • Golden Agri Resources US 1.52 billion Sukuk
  • SBI Islamic Fund/Pandu Logistics US 9 million convertible Musharakah
Moderator: Ariff Sultan - Regional Director (Asia), IdealRatings, Singapore
Panelists: Amran Mohamad - Chief Executive Officer, SBI Brunei
Norfarasha Abdullah - Director, Debt Capital Markets, RHB Investment Bank, Malaysia
Rehan A Ahmed - Vice President, Origination, HSBC Amanah, Malaysia
Yeo Wico - Partner, Allen & Gledhill, Singapore
 
15:45 - 16:00
Presentation - What Initiatives Exist to Develop Talent and Human Capital in the Islamic Finance Services
Dr Amat Taap Manshor - Chief Executive Officer, Finance Accreditation Agency, Malaysia
 
16:00 - 16:55
Session Five: The Islamic Investment Landscape: Market Trends and Strategies for 2014
  • What will 2014 hold for Islamic investors and fund managers
  • Which asset classes are expected to outperform and why
  • Risk vs. Opportunity: Understanding the risks and impact on the Islamic asset management industry
  • The changing face of the institutional investment market: Discussing investment strategies and product trends for 2014
  • Capitalizing on key advantages in the real estate and property sector
  • Outlook for i-ETFs, Shariah compliant mutual funds
Moderator: Salman Ahmed - Partner, Head of Islamic Finance MENA, Trowers & Hamlins, Bahrain
Panelists: Agus B Yanuar - President Director, Samuel Asset Management
Alvin Pattisahusiwa - Director of Investment, Manulife Aset Manajemen
Fajar Rachman Hidajat - President Director, CIMB Principal Asset Management
Farouk Abdullah Alwyni - Chief Executive Officer, Alwyni International Capital
 
16:55
Event Ends