Ahmed A Khalid - Regional Head (Asia), Islamic Corporation for the Development of the Private Sector (ICD), IDB Group
Albert Wiseman Paterson - President Director, PT Sun Life Financial Indonesia
Farouk Abdullah Alwyni - CEO, Alwyni International Capital
Hanim Hamzah - Partner, Roosdiono & Partners
Dr Intansyah Ichsan - Chief Operating Officer, Samuel Aset Manajemen
Margie Margaret - Executive Director - Tax, PWC
Norfadelizan Abdul Rahman - President Director, Maybank Syariah Indonesia
Dr Rifki Ismal - Assistant Director, Department of Macroprudential Policy, Bank Indonesia
Website: www.bankbjb.co.id
Bank BJB Syariah was established on the 6th May 2010, after 10 years as the Shariah division of Bank BJB. As the first Islamic commercial bank in Indonesia, Bank BJB Syariah continues to grow and continues to strive to create innovative products to facilitate the needs of its customers. The Islamic bank offers superior products aiming to provide convenience to its clients, including the ‘Layanan 3 in 1 Maslahah’ (3 in 1 Maslahah Services) consisting of Jemput Maslahah, Maslahah Card, and Mobile Maslahah. The Islamic financier is based in Bandung and has branches spread across three provinces in Indonesia: West Java, Banten, and Jakarta, with an eye on continued expansion.
Website: www.bankmuamalat.co.id/
Bank Muamalat is the oldest Islamic bank in Indonesia. Founded in 1991, it started operations in May 1992.
Bank Muamalat has been expanding its service with more than 450 offices across Indonesia. To improve customer accessibility, it now has 1,960 ATMs giving it the largest ATM network of any Islamic bank in Indonesia.
In 2009, Bank Muamalat entered the regional market with the launch of an international office in Kuala Lumpur, Malaysia. It remains the only full branch operated by an Indonesian bank in Malaysia and the first foreign Islamic bank operating a branch under an international Islamic banking license.
In the last four years, Bank Muamalat has been undertaking a business transformation through the development of its products to match market needs and through the improvement of service levels. Bank Muamalat continues to launch innovative products: including Shar-e Gold which was recognized by Museum Rekor Indonesia as the first Islamic debit card with chip technology in Indonesia. The card can be used for no-cost transactions in 170 countries worldwide.
Website: www.icd-ps.org
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:
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: icd@isdb.org
Website: www.icd-ps.org
Website: www.emiratesnbd.com/en/
Emirates NBD Group
Emirates NBD is a leading banking group in the region. As at the 31st December 2016, total assets were AED448 billion (equivalent to approximately US$121.94 billion). The group has a leading retail banking franchise in the UAE with more than 219 branches and over 1,012 ATMs and CDMs in the UAE and overseas. It is a major player in the UAE corporate and retail banking arena and has strong Islamic banking, global markets and treasury, investment banking, private banking, asset management and brokerage operations.
The group has operations in the UAE, Egypt, the Kingdom of Saudi Arabia, Singapore, the UK and representative offices in India, China and Indonesia.
The group is an active participant and supporter of the UAE’s main development initiatives and of the various educational, environmental, cultural, charity and community welfare establishments.
Emirates NBD Capital
Emirates NBD Capital (EmCap) is the investment banking subsidiary of the Emirates NBD Group, licensed to operate in the Dubai International Financial Center. EmCap comprises an experienced team of professionals combining an international perspective with in-depth regional knowledge spanning debt capital markets (DCM), syndicated/club loans, financial advisory, equity capital markets and project finance. The DCM franchise of Emirates NBD is a leading bond and Sukuk house globally and has helped issuers raise approximately US$60 billion in capital market issuances since 2013. The product suite includes Sukuk (rated and unrated), conventional bonds, subordinated structures and private placement transactions.
Website: www.faa.org.my/
The Finance Accreditation Agency (FAA) is responsible for raising the standards and quality of professional learning and development in the financial services industry. As an advocate for the highest quality in internationally benchmarked standards for learning programs, FAA aims to create highly skilled and internationally mobile professionals for the global financial services industry.
FAA is an independent quality assurance and accreditation body supported by Bank Negara Malaysia (Central Bank of Malaysia) and Securities Commission Malaysia. The process of quality assurance practiced by FAA is underpinned by the FAA Technical Committee which comprises a world-class panel of experts and practitioners from the financial services industry and leading academics.
Website: www.maybank.com/en/worldwide/all-countries/indonesia.page
Maybank's involvement in Indonesia started in January 1995 with the establishment of Bank Maybank Indocorp (BMI), the first Malaysian joint venture bank in Indonesia. On the 23rd September 2010, BMI was granted an approval by the central bank, Bank Indonesia to convert into a Shariah bank and renamed PT Bank Maybank Syariah Indonesia (MSI). MSI now operates as a fully fledged licensed Shariah bank.
Website: www.ddcap.co.uk
Founded in 1998 and headquartered in London, with an office in Dubai and a presence in both Saudi Arabia and Malaysia, DDCAP provides asset facilitation services to over 300 financial sector clients worldwide.
DDCAP is majority-owned and controlled by IPGL, a private holding company with an interest in a number of financial services companies. IPGL is also a significant shareholder in NEX Group (previously ICAP), a leading markets operator and provider of post-trade risk mitigation and information services.
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.
DDCAP has its own Shariah supervisory board comprising esteemed Shariah scholars from Saudi Arabia, Malaysia and Kuwait.
DDCAP recently announced the launch of its multi-award-winning Shariah compliant ETHOS Asset Facilitation PlatformTM, 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.
Website: https://www.deloitte.com/view/en_ID/id/index.htm
Deloitte provides audit, tax, consulting, and financial advisory. With a globally connected network of member firms in more than 150 countries, Deloitte brings world-class capabilities and high quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte Luxembourg (www.deloitte.lu) is among the top professional services firms in the market. For over 60 years, it has delivered high added-value services to national and international clients, offering a full range of services in the fields of audit, tax, financial advisory and consulting.
Deloitte Southeast Asia — a member firm of Deloitte Touche Tohmatsu comprising Deloitte practices operating in Brunei, Guam, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam — has over 250 partners and 6,000 professionals in 23 office locations.
In Indonesia, services are provided by Osman Bing Satrio & Eny, Deloitte Tax Solutions and Deloitte Konsultan Indonesia.
Website: www.fwugroup.com/cms/index.php?id=home&L=1
FWU Group is an international financial services group, active in bancassurance, asset management and life insurance. FWU is recognized for international leadership and expertise in Shariah compliant investments and insurance (Takaful). FWU specializes in white-label Family Takaful investment-linked plans; partnering with local Takaful operators, to offer customized innovative solutions ‐ encompassing savings, education, marriage and retirement plans.
FWU is a leading global service provider for Family Takaful in Saudi Arabia, the UAE, Oman, Pakistan and Malaysia. Recently, FWU extended its presence into Indonesia, partnering with Sinarmas MSIG Life.
FWU has successfully pioneered new Sukuk structures, under the brand name SALAM, raising financing for its fast growing business activities in several growth markets. FWU’s recent US$100 million SALAM-III Sukuk (investment grade rating, Fitch) has closed its first two tranches, totalling US$60 million, with a profit-rate of 7% per annum.
FWU has won multiple international Sukuk and Takaful awards in recognition of market accomplishments and global expertise in Takaful.
Website: www.idealratings.com/
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:
Website: www.ocbc.com.my/OCBCAl_Amin/index.shtml
Kuala Lumpur-based OCBC Al-Amin Bank (OCBC Al-Amin), a wholly-owned subsidiary of OCBC Bank, was established in 2008 to strengthen the bank’s efforts in Islamic banking. It was established more than a decade after the bank first started offering Shariah compliant banking products and services in 1995.
OCBC Al-Amin offers a broad array of competitive and innovative financial products and services, ranging from consumer, corporate, treasury, investment and transaction banking, encompassing both Muslims and non-Muslims while adhering to the tenets of Islam.
Among its notable recent corporate financing efforts are Konsortium ProHawk’s RM900 million (US$242.59 million) Sukuk Murabahah program financing and Lembaga Tabung Haji’s GBP225 million (US$331.61 million) syndicated term financing. In addition, it remains the only bank to offer unsecured business financing (with a wholesale guarantee tie-up with the country’s credit guarantee corporation). In 2014, OCBC Al-Amin was adjudged Malaysia’s Islamic Bank of the Year by the UK-based The Banker.
OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has a network of over 630 branches and representative offices in 187 countries and territories, including more than 330 branches and offices in Indonesia that are operated by its subsidiary, Bank OCBC NISP.
Together with OCBC Bank’s extensive network and leading asset management, private banking and Takaful business offerings, OCBC Al-Amin seeks to deliver world-class services to its clients.
Website: www.zicolaw.co.id
Roosdiono & Partners (a member of ZICOlaw)
Roosdiono & Partners (R&P) is a full-service corporate law firm founded in 1999 by senior consultant Anangga Wardhana Roosdiono, a renowned and respected lawyer with nearly 50 years’ experience. Based in Jakarta, the firm assists leading international and Indonesian corporate clients in diverse fields of industry and commerce, as well as the government. Our partners have won recognition, as leading lawyers and participants in award-winning deals, in Asian legal media.
We are acknowledged for our ability to combine local knowledge with regional insights to develop effective legal solutions. We continue to uphold our commitment to help clients improve business performance and achieve a competitive edge, whether they operate in Indonesia or in the region.
As a member firm of the ZICOlaw network, we provide our clients direct access to a powerhouse of over 300 lawyers in eight of the 10 ASEAN countries. In this we are unique in providing cross-border legal-related services within the same regional network.
Our services
R&P has both Indonesian and ASEAN-relevant skills to provide value-added services to our clients. Our ability to combine a suite of multidisciplinary services into integrated solutions empowers us to tackle the most complex challenges in the country and in the ASEAN region.
Website: www.russell.com/indexes/
Russell Indexes offers a comprehensive family of global equity indexes that give investors and fund managers a more precise view of the markets, provides a basis for investments, benchmarks and track performance of distinct segments consistently. The resulting index methodology produced the broad-market Russell 3000® Index for the US market and a series for the global markets. Russell Indexes also pioneered the Value, Style, Growth, Stability and Theme-based Indexes. Russell Indexes has partnered with IdealRatings to co-brand the Islamic index series for the global markets. The Islamic indexes are supervised and audited by the Shariah Supervisory Board.
Russell Indexes calculates more than 700,000 benchmarks daily, covering 98% of the investable market globally, 83 countries and more than 10,000 securities. Approximately US$5.2 trillion in assets is benchmarked to the Russell Indexes.
Website: https://www.sam.co.id
Samuel Aset Manajemen (SAM) is widely known as one of Indonesia’s leading fund managers that provides a complete range of asset management services for domestic and international investors and has been consistently delivering above-average returns since 1997.
The company is managed by a highly professional and experienced asset management team with a proven track record demonstrated by its ability to weather the Asian financial crisis of 1997/98 and the more recent 2008 global financial meltdown.
As of June 2017, SAM manages over US$650 million-worth of assets for its local and foreign institutional and high-net-worth client base. With its consistent performance, SAM has managed to win accolades such as Indonesia’s Best Equity Fund from 2012 to 2015 and 2017 and Best Islamic Balanced Fund from 2011 to 2015. SAM also received the Best CEO 2017 and Most Admired Company 2017 awards from local media.
Website: www.trowers.com/
Trowers & Hamlins is an international law firm, headquartered in the city of London, providing full-service integrated offerings. Today, the firm has over 130 partners and over 800 personnel working across the UK, Middle East and Southeast Asia.
With specialist lawyers in the UK, the Middle East and ASEAN, Trowers & Hamlins has been a market leader in the field of Islamic finance for over 20 years. Ranked in the top 10 UK law firms for Islamic finance, our clients include Islamic finance institutions as well as public and private sector organizations.
The ASEAN region is an area of continuing growth for the firm and in response to our expanding client base, we opened a representative regional office in Kuala Lumpur in July 2012 and were granted a branch license in 2015. We are the first and only international law firm to be licensed in Malaysia.
Our defining characteristics are that we are a friendly and accessible firm which has a commitment to excellence, and which provides a supportive working environment to a wide diversity of individuals.
Website: www.wvb.com
World Vest Base provides a broad range of informational products directed at institutional investors, universities, bankers, analysts, tax and audit practitioners, government agencies and asset managers, M&A, private capital, equity and fixed income markets.
The company’s latest offering includes the WVB Shariah Compliance Ratings which is a relational database of financial, statistical and market information on active and inactive global companies.
The database covers 153 countries with over 44,600 active listed companies and 30,000 inactive companies. This covers approximately 99% of all listed companies and a global market capitalization of almost 100%.
WVB data is based on the country of incorporation. It describes a company as a legal entity, not individual issues or listings and offers complete documents with indexed financial transparency to the data.
For more information, visit www.wvb.com
Website: www.islamicfinancenews.com
Islamic Finance news is the industry's leading, capital markets focused, e-newsletter bringing you unrivalled editorial coverage every week on the global Islamic financial market.
This weekly newsletter provides insightful and intelligent editorial coverage from around the world helping you keep ahead. In addition to a comprehensive weekly review of all the stories from around the globe, interviews, forums, market statistics and data, key industry practitioners contribute via non-biased, educational and up-to-date country and sector reports, giving you a firsthand knowledge and understanding of the Islamic finance markets and instruments from an experts' point of view.
For a trial subscription, please contact +603 2162 7800 or email subs@IslamicFinancenews.com
Website: businessislamica.com/
Launched in November 2006, Business Islamica is the first monthly magazine of its kind in the UAE, specifically covering all aspects of Islamic business and finance, both regionally and internationally.
The magazine’s objective is to spearhead awareness initiatives, heighten knowledge of its core principles and practices, as well as to feature the latest developments in this industry.
Our editorial covers interviews with key industry leaders, case studies, and includes features on a wide range of topics such as; Islamic Banking, Wealth Management, Takaful (Islamic Insurance), Islamic Retail Finance, Marketing and Branding of Shari’ah-Compliant products, Regulatory Issues, Islamic Business Challenges and Risk Management.
Website: www.capitalbusiness.me
Website: www.alphasoutheastasia.com
Alpha Southeast Asia celebrated its fifth anniversary as a purely Southeast Asian focused institutional investment and transactional banking magazine in 2011. The magazine has remained steadfast in its coverage of Southeast Asia (Indonesia, Malaysia, Philippines, Singapore and Thailand).
As a result, the magazine has firmly established itself as the only magazine of choice among institutional investors interested in understanding the region further. Corporate treasurers and chief financial officers in the region have also found our magazine useful given similarities in the ASEAN region. High net worth individuals and white-collar professionals have also found our articles a good alternative as opposed to what is widely available in the mainstream regional press. The magazine remains the only Hong Kong-based regional financial magazine with a dedicated monthly section on Islamic finance.
Website: www.blassys.com/
Website: www.cisi.org/
The Chartered Institute for Securities & Investment (CISI) is the largest and most widely respected professional body for those who work in the securities and investment industry in the UK and in a growing number of financial centers globally. Evolved from the London Stock Exchange, CISI now has more than 40,000 members in 89 countries. In the past year, CISI set almost 39,000 examinations in 68 countries, covering a range of vocational qualifications.
Website: www.financialplaces.com/
Website: www.hedgeconnection.com
Website: www.insideinvestor.com/
Inside Investor is an international media company, event organizer and business consulting company with offices in Kuala Lumpur, Dubai, Hong Kong and Barcelona. It provides business information and data that enables investors at all levels to identify investment opportunities in key emerging markets based on a highly comprehensive portfolio of information and services through multiple platforms; including printed investment reports and events.
Inside Investor also operates a news portal (www.investvine.com) and an online business matching platform (www.insideinvestor.com) that allows private and public institutions to share their interests and to take advantage of opportunities while balancing benefits against risks in order to maximize the success of their ventures.
Inside Investor has built an ever-growing influential global network of key business personalities, senior executives and government officials up to the highest level, and acts as a catalyst between these decision-makers to assist in identifying bilateral business opportunities.
Website: www.marketsandmarkets.com/
Website: www.oxfordbusinessgroup.com/
Oxford Business Group (OBG) is a global publishing, research and consultancy firm, which publishes economic intelligence on the markets of Asia, the Middle East, Africa and Latin America.
OBG offers a comprehensive analysis of macroeconomic and sectoral developments, including banking, capital markets, energy, infrastructure, industry and insurance.
The group’s acclaimed economic and business reports are the leading source of local and regional intelligence, while its online economic briefings provide an up-to-date in-depth analysis. OBG’s consultancy arm offers tailor-made market intelligence and advice to firms operating in these markets and those looking to enter them.
Website: www.rnrmarketresearch.com/
Website: www.inovatifmedia.asia
Website: voicesofleaders.com
Voices of Leaders (VL) is a global business network for top executives and companies to Meet, Share and Grow locally, regionally and internationally.
The data-driven business profiles allow you to Meet top executives across a wide variety of industries, sectors and countries. Share your business needs among members looking for specific business opportunities and Grow your business network at a local and international level, while increasing the possibility of creating synergies, and finding partners and investors.
VL is committed to giving leaders from around the world a voice and in response to the demands of the digital age, VL produces interactive ebooks on the countries visited and the networking events it covers.
