Ashar Nazim – Partner, Financial Services, Advisory & Head of Global Islamic Banking Center, EY
Avsar R Sungurlu – General Manager , BPY Asset Management
Cenk Karacaoglu – Head of Syndications, Barwa Bank
Giorgio Medda – Chief Executive Officer, Azimut Portofoy Yonetimi
Hulusi Horozoglu –Assistant General Manager, Head of Banking and Capital Financing, HSBC Turkey
Nusret Cetin – Partner, LBF Partners
Dr Serdar Sumer – Chief Executive Officer and Board Member, Aktif Bank
Selim Elhadef – Partner & Country Advisory Leader, EY Turkey
Sera Somay – Partner, Paksoy
Tanweer Bukhari – Head of Investment Banking Advisory, CIMB Islamic
Website: www.borsaistanbul.com
Borsa Istanbul, with historical roots going back to 1873, is a diversified regional exchange in Turkey, providing trading, settlement, custody and registry services for equities, derivatives, fixed income and repo, precious metals and Islamic finance products.
The company operates under a single umbrella, following its de-mutualization and incorporation in 2012 and the successful completion of horizontal integration (via the acquisition of the derivatives and gold exchanges) and vertical integration (via control of the two domestic post-trade firms), shortly thereafter.
Through its markets, Borsa Istanbul offers corporates, investors and traders in the region a broad range of financial products suited to their needs, and efficient access to extensive capital markets. Post-trade and depository services are offered by its majority-owned subsidiaries of Takasbank (Istanbul Settlement and Custody Bank) and MKK (Central Securities Depository). Borsa Istanbul calculates 360 indices that measure and benchmark equity and fixed income markets in Turkey.
Borsa Istanbul is a shareholder in the Sarajevo, Baku, Kyrgyz and Montenegro Stock Exchanges, as well as LCH. Clearnet.
For further information, please visit Borsa Istanbul at www.borsaistanbul.com, and follow us on Facebook, and Twitter.
Website: www.cimbislamic.com
CIMB Islamic Bank, licensed under Malaysia’s Islamic Financial Services Act 2013, is the main operating entity of the CIMB Group’s global Islamic banking and finance franchise. It operates in parallel with the group’s universal banking platform where it offers Shariah compliant products and services to the group’s wholesale banking, consumer banking, commercial banking and asset management businesses.
CIMB Islamic’s products and operations are managed in strict compliance with Shariah principles under the guidance of the CIMB Islamic Board Shariah Committee, which comprises some of the world’s leading Shariah experts or scholars. CIMB Islamic provides comprehensive and innovative Shariah compliant financial products and services to meet the needs of individuals, small and medium-scale enterprises as well as large institutional customers.
CIMB Group’s Islamic banking and finance business is supported by the group’s network of over 39,000 staff in 16 countries comprising an experienced senior management team and a global team of Islamic banking and financial services professionals in all core components of the Islamic banking and financial services market. CIMB Group also has the most extensive retail branch network in ASEAN, with more than 900 branches as at the 31st December 2016. Outside of Malaysia, CIMB Islamic operates a universal offering in Indonesia and Singapore with a focus in wholesale banking in the other 14 countries.
Website: www.turkiyefinans.com.tr/en/index.aspx
The Turkiye Finans Participation Bank is the well-established participation bank of Turkey that has been operating with its strong capital structure since 2005, with the National Commercial Bank (NCB) as its main shareholder owning 67.03% of its shares.
Since 2008, Turkiye Finans has been under the management of the NCB, the largest bank of Saudi Arabia and one of the leading players in the participation banking sector.
In the first half of 2016, Turkiye Finans’s assets stood at TRY40.4 billion (US$13.6 billion) and the bank operated 286 branches with 4,091 staff and it also has services and solutions to its broad customer base in commercial/corporate banking, SME banking and retail banking segments with its strong service platform that consists of effective alternative distribution channels.
Website: www.kslaw.com
King & Spalding is an international law firm with more than 30 years experience advising clients globally on Islamic finance. Consistently ranked among the best in the world, the firms global Islamic finance and investment practice includes nearly 30 lawyers and professionals in offices across Europe, the US and the Middle East.
In Europe, the firm is recognized as a leader in structuring and advising on Shariah compliant real estate financing and investments, as well as advising various international investment banks in their capacities as arrangers in debt capital market transactions, particularly Sukuk issuances. In the US, the firm is widely acknowledged as the firm of choice for Shariah compliant investment and financing transactions. In the Middle East, the firm leads in the formation of investment funds across a range of asset sectors, and the innovative fund structures it has developed to deal with local ownership and financing restrictions are now precedents followed by the industry. The firm maintains a leading role in handling debt capital markets work, in particular Sukuk issuances for issuers and lead arrangers across the Middle East and Turkey.
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.albarakaturk.com.tr/
Al Baraka is today at the forefront of Islamic banking and emphasizes a commitment to becoming the natural global leader in Islamic banking. Al Baraka is a strong symbol of not only uniting all subsidiaries under a single banner, but stands for building trust and adding value to the lives of our customers. The Unified Corporate Entity of Al Baraka links the philosophical dimension of participation and partnership and the equitable sharing of risk and reward – upon which Islamic banking is based.
Al Baraka Banking Group has a wide geographical presence in the form of subsidiary banking units and representative offices in 15 countries, which in turn provide their services through over 600 branches. Al Baraka currently has a strong presence in Jordan, Tunisia, Sudan, Turkey, Bahrain, Egypt, Algeria, Pakistan, South Africa, Lebanon, Syria, Iraq and Saudi Arabia, including two representative offices in Indonesia and Libya.
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Website: www.barwabank.com
Barwa Bank is a Shariah compliant bank in the State of Qatar, established in Doha and licensed and regulated by the Qatar Central Bank. Barwa Bank provides a full range of Shariah compliant banking services including retail, corporate and commercial banking, private banking, real estate finance, structured finance, investments and asset management.
Website: www.cliffordchance.com
Clifford Chance has been instrumental in the development of the Islamic finance economy. We have a best-in-class global Islamic finance practice, spanning five continents, which offers clients the highly renowned Clifford Chance quality with deep specialism and strength in Islamic finance.
Our team consists of leading experts who are the architects behind many of the world's pioneering and groundbreaking Islamic finance transactions. We have for many years been involved in Islamic financing techniques and Islamic product development and advise on a wide range of Islamic financial services and products including: Sukuk, project and infrastructure finance, acquisition and leveraged finance, private equity and real estate funds, financial regulation, structured products and derivatives, real estate finance and tax.
We have helped to establish Islamic finance benchmarks, standards, regulations and systems which are used throughout the world and have advised on several high-profile Islamically financed deals across the Middle East.
For more information, visit www.cliffordchance.com.
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: www.ibfim.com/
IBFIM is an industry-owned and regulator-linked institute whose objective is to serve the needs of the Islamic finance industry stakeholders in talent and business development.
Since 2001, IBFIM has been conducting training programs as well as extending business and Shariah advisory services. IBFIM’s tagline, “Your Islamic Finance Business Partner”, manifests its close rapport with the industry and its wide range of services.
As a market leader, IBFIM’s certification programs are developed, moderated and recognized by the industry. The programs cover four disciplines: banking, Takaful, capital markets and wealth management. IBFIM’s Islamic finance qualifications are mapped out in an innovative progression route which in itself is a motivation for industry personnel to enhance their competencies in moving up the corporate ladder.
IBFIM’s stock screening methodology is best practice, serving clients seeking truly Shariah compliance. IBFIM is the market leader in Shariah advisory for Shariah-based funds and in Shariah audit. IBFIM has helped in the conversion and establishment of Islamic financial institutions.
Let’s be partners.
Call +603-2031 1010, email info@ibfim.com or visit www.ibfim.com.
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.kuveytturk.com.tr/default.aspx
Pursuant to the authorization issued by the Central Bank of Turkey on the 28th February 1989, Kuveyt Türk Katýlým Bankasý was founded on the 31st March 1989 under the business name Kuveyt Türk Evkaf Finans Kurumu. In 2006, the business title of the bank was changed to Kuveyt Türk Katýlým Bankasý (Kuveyt Türk).
As of year-end 2014, Kuveyt Türk’s shareholders’ equity stood at TRY3.2 billion (US$1.18 billion). Of the bank’s outstanding shares, 62.32% are owned by Kuwait Finance House, 18.74% by the Turkish General Directorate of Foundations, 9.01% by the Kuwait Public Institution for Social Security, 9.01% by the IDB, and the remaining 0.92% by other real and legal persons.
Kuveyt Türk had a paid-up capital of TRY2.3 billion (US$845.46 million) as of year-end 2014. The bank’s consolidated assets grew by 31.3% in 2014 to TRY34 billion (US$12.5 billion).
Kuveyt Türk has 332 branches throughout Turkey, as well as overseas branches in Bahrain and Mannheim. As of year-end 2014, the number of employees in the bank stood at 5,082.
Website: www.paksoy.av.tr/
Paksoy is a leading law firm in Istanbul, Turkey, focused on helping clients in a wide range of legal areas, cross-border investments, international business transactions, investigations, compliance and disputes.
Established in 1997, Paksoy stands today as one of the strongest local legal brands in Turkey advising financial institutions, investment banks, underwriters, managers and issuers in domestic and international markets on equity, debt and equity-linked transactions, including initial and secondary public offerings, debt offerings, Islamic finance, Sukuk issuance, securities transactions and regulatory matters and continues to play a major role in pioneering debt offerings of Turkish banks, Islamic finance transactions, Sukuk issuances that include Ijarah, non-real estate Ijarah and Murabahah components. Paksoy also works in new instruments such as asset-backed securities and mortgage-backed securities that have been introduced in Turkey. Accordingly, funding through the use of trade receivables securitization, structured finance and derivatives deals is one of the focus areas of the firm’s capital markets practice.
Website: www.ibfim.com/
IBFIM is an industry-owned and regulator-linked institute whose objective is to serve the needs of the Islamic finance industry stakeholders in talent and business development.
Since 2001, IBFIM has been conducting training programs as well as extending business and Shariah advisory services. IBFIM’s tagline, “Your Islamic Finance Business Partner”, manifests its close rapport with the industry and its wide range of services.
As a market leader, IBFIM’s certification programs are developed, moderated and recognized by the industry. The programs cover four disciplines: banking, Takaful, capital markets and wealth management. IBFIM’s Islamic finance qualifications are mapped out in an innovative progression route which in itself is a motivation for industry personnel to enhance their competencies in moving up the corporate ladder.
IBFIM’s stock screening methodology is best practice, serving clients seeking truly Shariah compliance. IBFIM is the market leader in Shariah advisory for Shariah-based funds and in Shariah audit. IBFIM has helped in the conversion and establishment of Islamic financial institutions.
Let’s be partners.
Call +603-2031 1010, email info@ibfim.com or visit www.ibfim.com.
Website: www.thomsonreuters.com
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision-makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs approximately 60,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges.
Today's dynamic markets require deep knowledge before investment decisions are made and execution strategies are planned. Thomson Reuters has been at the heart of Islamic finance for over 30 years, offering innovative investment and trading solutions to financial professionals across multiple asset classes. We provide holistic technology capabilities by embedding customized solutions into the information requirement workflows of professionals serving various business functions, while facilitating real-time connectivity to the global Islamic finance community. Whether it’s asset class, sector, country or region-specific, you can rely on us to deliver the quality of analysis that can only be expected of Thomson Reuters.
For more information, go to http://thomsonreuters.com.
Website: www.baseak.com/
Balcioglu Selcuk Akman Keki Attorney Partnership (BASEAK) is an Istanbul-based full service law firm led by experienced professionals with a legal team of 75-plus lawyers and economists, 12 of whom are partners. Drawing on broad experience gained at Turkish and global law firms and international organizations, each lawyer is well equipped to provide creative and diligent transactions. BASEAK represents and advises Turkish and multinational clients, including Fortune 500 companies, in the real estate, energy, automotive, banking and finance, communication, construction, hospitality and leisure, life sciences, luxury goods, manufacturing, media, retail, technology and transportation sectors.
Dentons
Website: www.dentons.com
Dentons is the world's largest law firm, delivering quality and value to clients around the globe. Dentons is a leader on the Acritas Global Elite Brand Index, a BTI Client Service 30 Award winner and recognized by prominent business and legal publications for its innovations in client service, including founding Nextlaw Labs and the Nextlaw Global Referral Network. Dentons's polycentric approach and world-class talent challenge the status quo to advance client interests in the communities in which we live and work.
Website: www.bmd.com.tr
BMD Securities is a Turkey-based brokerage company with integrated investment banking services including brokerage, asset management, corporate finance, research and investment consulting. With its solid ownership structure and through its wide distribution network comprising agencies that include most of the participation banks in Turkey, the firm offers many unique Islamic and conventional investment vehicles to investors across the country. Among the many highlights of the firm’s achievements are being the issuer and manager of the Dow Jones Islamic Market Turkey ETF, the world’s first Islamic market ETF; and provider of the first local compliant equity index of Turkey, the Participation Index. For more information on BMD, visit http://www.bmd.com.tr.
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.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.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.ebctv.net
EBC TV is the leading economics and business channel focusing on economics, business, finance, culture and art, lifestyle, and other related resources. EBC Web TV is one of the key elements of the portal publishing videos, documentaries, interesting stories, interviews and reports.
EBC TV Network connects influential decision makers to a dynamic network of information, people and ideas. Our strength – quickly and accurately delivering data, news and analytics through innovative technology – is at the core of everything we do. EBC TV Network deliver business and financial information, news and insight around the world.
EBC TV’s global mission is to help individuals, enterprise and governments make smarter, faster, more profitable decisions by providing daily resources related to economics, business and finance. In order to get there, we need constant ideas, energy, innovation – which is where you come in.
At EBC TV, you will have the opportunity to go above and beyond and take risks. Be a part of an organisation that is entering new markets, launching new ventures and push the boundaries.
Website: www.asia-first.com/
Asia First provides a complete solution for financial professionals and organizations to source, purchase and manage financial news and intelligence products that they need for their business. It is a front-end website featuring extensive free daily and weekly finance news and other resources for professionals, complemented by a corporate back-end procurement platform and marketplace for buying and managing financial publications, data, research and events.
We organize specialized events and provide branding and exposure via our extensive readership and database. A one-stop shop with the following:
Website: www.fundsglobalmena.com
Funds global MENA is a leading publication is directed at institutions, fund buyers, distributors and fund managers in the Middle East and Africa, with editorial focusing on industry developments such as sales trends, new asset classes, fund launches, economic outlook and regulatory changes. The magazine is circulated to a worldwide readership of over 14,000.
As well as in-depth editorial features, content includes regular C-suite executive interviews and profiles, ‘talking head’ viewpoints, academic contributions and industry roundtables for fund management and asset servicing.
Funds global MENA forms part of the funds global series of publications looking at the Asia-Pacific, Latin America and MENA regions. Reports are published by the owners of funds europe magazine, which has been reporting on the institutional and retail fund management markets in the UK and Europe since 2002. To request sample copies of funds global MENA and associated publications, please contact Michael Fennessy at Michael.fennessy@fundsglobalmena.com
Website: iftmagazine.com
Islamic Finance Today, the exclusive Islamic Banking and Finance Magazine published by Pioneer Publications has commenced publication as a monthly in digital format.
It is now available for free downloading as a service to the industry and delivers a mix of exclusive articles by the leading scholars in the field, interviews with prominent personalities, industry trends, news, views and events.
The magazine reaches a large number of industry professionals with its reader-friendly format, rich and varied content and up-to-date, thought-provoking information for investment savvy readers looking for a fresh approach and new perspectives on the developments and growth potential of the industry.
Since its launch as an e-version in early 2015 a number of leading scholars have contributed papers or interviews, among them Rushdi Siddiqui, David Vicary, Joy Abdullah, Shakeeb Saqlain, Abdelilah Belatik Paul Mc.Namara, Sayd Farook, Shafiq Jakhura, Farrukh Habib, Riaz Ansary, Furqan Ahmed, Abbas Mirakhor, Umar Rafi, Valentino Cattelan, Abdul Haseeb Basit, Redha Al-Ansary, Junaid Wahaidna, Nida Khan, Sadia Karim, Shahida Shahimi and Rosie Kmeid.
Website: www.oictoday.biz/
OIC TODAY is a business and investment magazine that plays the role as information provider and communication link to members of the Organization of the Islamic Conference (OIC). Now it has come into existence to serve the Muslim Business community at large.
OIC Today was launched by Malaysia's former Prime Minister YAB Tun Haji Abdullah Ahmad Badawi whom indicates the importance of such a pan-Muslim publication for global reach and networking with member countries.
OIC Today is an exclusive magazine published by OIC International Business Centre Sdn Bhd in collaboration with Malaysia OIC Trade Chamber based in Kuala Lumpur Malaysia. It focuses on general economy and also acts as the mouthpiece for Muslim Nations seeking partners in progress and development of the Ummah worldwide.
Website: www.thebusinessyear.com/
The Business Year (TBY) is a global media group specializing in economic news, research on national economies, and business intelligence across emerging markets. With operations in over 35 countries, we bring first-hand insights to investors, businesses, and governments worldwide.
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.
