RESTRUCTURING & WORKOUTS FOR ISLAMIC FINANCE FACILITIES
Date: 20th September 2016 Venue: DoubleTree Hotel, Kuala Lumpur

Agenda

09:00 - 10:30 Examining and Understanding Key Regulatory and Shariah Issues affecting Rescheduling and Restructuring
  • BNM guidelines and other pertinent regulations on rescheduled and restructured financing
  • Shariah issues contravening the principles of restructuring
  • ‘Best Practice’ in a restructuring exercise
  • Shariah principles in restructuring, rescheduling and non-performing/bad loans
  • Late payment: understanding Ibra, Ta'widh and Gharamah in the context of restructuring & rescheduling
Panelist: Mohd. Johan Lee — Managing Partner, J. Lee & Associates
10:30 - 11:00 Coffee & Networking
11:00 - 12:30 Understanding Legal Documentation for Restructuring and Rescheduling Islamic Facilities
  • Being aware of common pitfalls
  • Assessing laws regulating the restructuring of Islamic financing facilities
  • Understanding Islamic Finance and underlying contracts in the context of restructuring and rescheduling
  • Key legal Documentation involved
  • Issues relating to legal fees and stamp duty
  • Risks associated with restructuring Islamic finance
Panelist: Mohd. Johan Lee — Managing Partner, J. Lee & Associates
12:30 - 14:00 Luncheon
14:00 - 15:00 Assessing Default and Recovery Procedures for Restructured and Rescheduled Islamic Finance Facilities
  • Letter of demand
  • National land code procedures and their meanings
  • Filing claims in court: practical and real-life considerations
  • Assessment of the enforcement of securities and judgments
  • A discussion of recent cases
Panelist: Dato' Mohd Arief Emran bin Arifin — Partner, Wong & Partners
15:00 - 16:00 Examining Workout and Restructuring Issues for Sukuk and Islamic Syndicated Transactions
  • Comparisons and contracts between Sukuk and conventional bond restructurings
  • Key documents and agreements involved in Sukuk restructurings
  • Issues involving recourse and claims on assets
  • Parties to the process: responsibilities and obligations of each
  • Negotiating creditor issues
Panelist: Zailani Mahmud — Islamic Finance Trainer
16:00 Coffee and Networking