Hosting a Roadshow in Turkey needs no explanation. With 70 million Muslims, a growing participation banking sector, numerous external financial service providers, and now a government showing its commitment to growing the Islamic finance industry through several big ticket Sukuk issuances over the last few years, Turkey is perhaps the most vibrant of markets in the industry today. 2013 saw major issuances by Albaraka Türk, Kuveyt Türk and the Turkish Treasury, while major conglomerates such as Agaoglu Group have come to the forefront of the Islamic project finance and capital market space.
First held in 2009, the IFN Roadshow in Istanbul has continued to develop and mature. Hosted and held at Borsa Ãstanbul, a body which has been instrumental in creating traction in Islamic finance within the Turkish market, the 2013 event witnessed over 200 senior industry practitioners attend from 15 countries. In 2014, with more support than before, we expect audience numbers to increase yet again. The IFN Turkey Forum is the go-to event for those looking to breach the Middle East and European markets.
Agenda
08:00 - 09:00
Registration
09:00 - 09:30
Opening Keynote Address Mehmet Simsek - Minister of Finance, Republic of Turkey
09:30 - 09:45
Keynote Address Tevfik Kinik - Executive Vice Chairman, Capital Markets Board of Turkey
09:45 - 10:00
Keynote Address Murat Cetinkaya - Deputy Governor, Central Bank of Turkey
10:00 - 10:30
Coffee and Networking
10:30 - 11:15
CEO Session: Advancing Turkey’s Progress in the Participation Finance Industry
Reviewing recent regulatory updates and central bank guidelines affecting Islamic finance transactions in Turkey
Discussing an industry-wide strategy required to take participation finance mainstream in Turkey: Establishment of more participation banks, sovereign issuances, multilateral support
What role will Turkey play in the global Islamic finance landscape and what needs to be done to advance this vision?
What is the outlook for new participation banks in Turkey’s Shariah compliant space and how will the landscape change in 2015?
Moderator:
Jawad Ali - Managing Partner - Middle East Offices, King & Spalding
Panelists:
Derya Gürerk - Chief Executive Officer, Turkiye Finans & President, Participation Banks Association of Turkey (TKBB) Khalid Howladar - Global Head, Islamic Finance, Moody´s Investor Service, UAE Professor Dr Necdet Sensoy - Board Member, Central Bank of the Republic of Turkey Onder Halisdemir - Chief Executive Officer, Aktif Bank
11:15 - 12:00
Sukuk, Infrastructure and Project Finance In Turkey Turkey’s drive to improve on infrastructure is set create opportunities for market players to fund infrastructure and power projects through Shariah compliant project financing. This session will cover the trends, structures and opportunities available
Infrastructure and project Sukuk in Turkey: What’s in the pipeline?
Opportunities in cross border Sukuk through project and infrastructure financing
Utilizing Islamic infrastructure financing in public private partnership ventures
Trends and outlook for syndicated financing of infrastructure projects
Assessing the potential of alternative assets and its suitability to Shariah compliant financing: key considerations for issuers
Outlook for syndicated finance and trade finance transactions
Moderator:
Aykut Tasel - Director, Corporate Finance, PwC
Panelists:
Alex Roussos - Partner, Dentons Eda Tanyel Topcu - Associate Director, Debt Finance, Capital Financing, HSBC Gokhan Cumbul - Board Member, Teleferik Holding Dr Serdar Sümer - Managing Partner and Board Member, DCM, Tera Securities Tanweer Bukhari - Head of Investment Banking Advisory, CIMB Middle East
12:00 - 12:15
Presentation: Islamic Investments in Asia Siti Rosina Attaullah - Head of Islamic Capital Markets, KFH Research, Malaysia
12:15 - 13:00
The Turkish Investment Landscape: Trends and Strategies for 2015
What will 2015 hold for Islamic investors and fund managers
Which asset classes and markets 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 2015
Outlook for i-ETFs, Shariah compliant mutual funds
Growth of the private banking and wealth management sector in Turkey
Asim Khan - Chief Executive Officer & Managing Director, Khalij Islamic Avsar R Sungurlu - Executive Vice President, BMD Securities Didem Gordon - Chairman & Chief Executive Officer, Ashmore Turkey Farid Masood - Director, Head of Advisory Services and Asset Management, Islamic Corporation for the Development of the Private Sector, IDB Group Giorgio Medda - Chief Executive Officer, AZ Global Victoria Clark - Senior Manager, DDCAP
13:00 - 13:15
Presentation: What Initiatives Exist to Develop Talent and Human Capital in the Islamic Finance Services Dr Eddy Chong Siong Choy - Director, Finance Accreditation Agency, Malaysia
13:15 - 14:30
Luncheon
14:30 - 15:15
Transaction Roundtable: A Discussion of the Year’s Most Prominent Sukuk Deals Issuers, lead arrangers and legal counsel will discuss Turkey’s successful Sukuk issuances in past year. Panellists will share the impetus behind issuing Islamically, key features and technicalities of the deal and what ultimately led to their success.
Albaraka Turk US$350 million Sukuk Al Wakalah Murabahah
Kuveyt Turk US$500 million Senior Unsecured Certificates
Turkiye Finans US$250 million Ringgit Denominated Sukuk
Moderator:
Rizwan Kanji - Partner, King & Spalding, UAE
Panelists:
Hani Ibrahim - Managing Director, Investment Banking, QInvest, Qatar Mufit Arapoglu - Counsel, Yegin Ciftci Attorney Partnership Mustafa Kahraman - Assistant Vice President – Investment Banking, Kuveyt Turk Raja Amir Shah Raja Azwa - Associate Director, Debt Capital Markets, HSBC Amanah Malaysia Sami Bozdag - Vice President and Head of Financial Institutions, Turkiye Finans Sera Somay - Counsel, Paksoy
15:15 - 16:00
Turkey Real Estate Roundtable
Turkey’s developing real estate market and the opportunities they present to Islamic investors
Attracting inward investments: What Gulf investors are looking for in real estate transactions
Innovation in real estate financing structures and products
Investment trends, strategies and risks for the global real estate market
Moderator:
Ersun Bayraktaroglu - Partner, PwC Turkey
Panelists:
Didem Erendil - Director, Head of Capital Markets, Cushman & Wakefield Huseyin Arslan - Chairman, YDA Group Ozkan Yildirim - Partner, Deloitte Professor Dr Rasim Kaan Aytogu - Group CFO, Kiler Holding & Member of the Board, Kiler REIT