Keynote Address Saeed Ahmad — Deputy Governor, State Bank of Pakistan Zafar Hijazi — Chairman, Securities and Exchange Commission of Pakistan Dr Syed Sohail Hussain Naqvi — Vice Chancellor, Lahore University of Management Sciences
09:45 - 10:30
Opportunities in Pakistan’s Islamic Banking Industry
Outlook for the establishment of Islamic banks, conversion of conventional business and opening of windows
How will Pakistan’s Islamic banking institutions achieve critical mass and ensure profitability?
Can the industry remain competitive without compromising its credibility?
Impact of the National Financial Inclusion Policy in promoting growth of Islamic banking in Pakistan
Are current regulations encouraging or suppressing growth?
Moderator:
Afaq Khan — Global Islamic Banker
Panelists:
Ali Muhammad Mahoon — President and CEO, MCB Islamic Bank Hasan Bilgrami — President and CEO, BankIslami Pakistan Dr Muhammad Imran Ashraf Usmani — Executive Member Shariah Supervisory Board and Resident Shariah Board Member, Meezan Bank Syed Samar Hasnain — Executive Director, (Developmental Finance Group)-State Bank of Pakistan Usman Ahmed —CEO, Citi Islamic Investment Bank and Citibank N.A. Bahrain
10:30 - 10:40
FAA Certificate Presentation
10:40 - 11:10
Coffee & Networking
11:10 - 11:55
Project & Infrastructure Finance & Public Private Partnerships (PPP): Investment Outlook and Mega Projects on the Rise
Experiences in key markets – Saudi Arabia, Malaysia and the GCC
Abbas Husain —Managing Director and Head, Project and Export Finance, Middle East, North Africa and Pakistan, Standard Chartered Bank, the UAE Mufti Irshad Ahmad Aijaz — Chairman, Shariah Supervisory Board, BankIslami Pakistan Muhammad Ali Malik — Executive Director(Financial Markets and Reserve Management), State Bank of Pakistan Qasim Aslam — Partner, Dentons, the UAE
11:55 - 12:45
Developing Islamic Capital and Takaful Market
Creating innovation in the Islamic capital market: New and current products
What new trends are likely to develop in Shariah compliant capital raising ; impact of corporate sukuk in growth of corporate; major issues in raising capital through Sukuk
Development in the Takaful industry and impact of Takaful windows furthering growth
Islamic share index: Has it contributed towards increased market activity, how is the market performing?
Moderator:
Muhammad Raza — Group Head of Customer Support, Meezan Bank
Panelists:
Bilal Rasul — Executive Director, Chairman’s Secretariat, Head of Islamic Finance Department, Securities & Exchange Commission of Pakistan (SECP) Ghulam Muhammad Abbasi — Director, Islamic Banking Department, State Bank of Pakistan Mufti Muhammad Hassaan Kaleem — Head of Shariah, Dubai Islamic Bank Pakistan Mufti Syed Zahid Siraj —Vice-President and Head of Shariah Audit Department, Burj Bank Muhammad Shoaib Ibrahim — CEO, First Habib Modaraba Mujeeb Baig — Executive Vice-President Group Head, Product Management and Shariah Structuring, MCB Islamic Bank Shahid Ghaffar — Managing Director, National Investment Trust Limited
12:45 - 13:00
Presentation: Outlook for Islamic Asset Management and the Funds Industry in Pakistan Mohammad Shoaib — CEO, Al Meezan Investment Management
13:00 - 13:30
Developing New Leaders in the Islamic Banking Sector The growth of Islamic banks, and Islamic finance, continues to outpace the development of talent the industry crucially needs. A dearth in human capital and leadership in particular is now one of the biggest challenges the industry faces. Are Islamic finance graduate programs in Pakistan adequately preparing young professionals for the industry? Is enough being done to develop scholars and Muftis to support the industry?
Are Islamic finance graduate programs in Pakistan adequately preparing young professionals for the industry?
Is enough being done to develop scholars and Muftis to support the industry?
The objectives and vision of three newly established Centre of Excellences in Islamic Finance
Moderator:
Dr Saad Azmat — Associate Dean Research, Chair Centre for Islamic Finance, Suleman Dawood School of Business, Lahore University of Management Sciences
Panelists:
Dr Atiquzzafar Khan — Assistant Professor, International Islamic University, Islamabad Dr Hasan Sohaib Murad — Rector University of Management and Technology (UMT) Dr Irum Saba — Assistant Professor, IBA CEIF Khairul Nizam — COO, Finance Accreditation Agency, Malaysia Mufti Mohammad Najeeb Khan — Resident Shariah Board Member, Summit Bank
13:30 - 13:40
Closing Remarks & End of Forum
14:15 - 16:45
The Pakistan Dialogue (a closed door session with regulators and senior industry leaders)
The Pakistan Dialogue is a high level, invite-only roundtable event comprising senior regulators and market leaders representing the participation finance industry in Pakistan. A select group of international representatives will also be invited. This closed door meeting will focus exclusively on Pakistan’s bid to become a world class, sustainable Islamic finance industry. To facilitate open and honest discussion no media will be invited to cover the event. A summary of discussions will, however, be transcribed and distributed only to participants and submitted to the relevant financial regulators in Pakistan for their review.