The IFN Saudi Arabia Forum, now in its 4th year consistently attracts global market players eager to gain access to the highly lucrative Saudi Arabian market. With its solid regulatory framework, and firm foundation in Islamic banking the Saudi Arabian market will continue to prosper and innovate.
As the kingdom continues its drive to open up more opportunities have become available to international banks eager to penetrate the local market. This year’s forum will once again bring together leaders in the local and global markets to share expertise and discuss cross border opportunities in this thriving market.
Agenda
09:00 - 09:15
Keynote Address Sheikh Dr. Mohamed Ali Elgar
09:15 - 09:30
Keynote Address Khaled Al Aboodi— CEO, Islamic Corporation for the Development of the Private Sector
09:30 - 10:15
The New Environment for Shariah Compliant Investment in Saudi Arabia
KSA’s new financial regulatory structure and its impact on economic growth
Effect of oil economics on the Islamic banking and capital market sector
What will a new KSA growth strategy look like for foreign banks and intermediaries?
Impact of CMA’s corporate debt market reform on Sukuk issuances and investment
The role of standards and global regulation in developing Islamic finance in Saudi Arabia
Moderator :
James Stull —Partner, King & Spalding
Panelists :
Dr. Hamed Hassan Merah — Secretary General, AAOIFI
Khaled AlAkeel— Head of Islamic Financial Services, SABB
Muhammad Currim Oozeer —Deputy CEO, Sidra Capital
10:15 - 10:40
Onstage Interview : Paving the Way Forward for Islamic Finance in Global Markets
Interviewer :
Jawad Ali — Managing Partner, Middle East Offices, King & Spalding
Interviewees :
Khaled Al Aboodi — CEO, Islamic Corporation for the Development of
the Private Sector
Prof Dr. Rifaat Ahmed Abdelkarim— CEO, International Islamic Liquidity Corp
10.40 - 11.10
Coffee & Networking
11:10 - 12:05
Project Finance and Capital-Raising: State of the Market As an increasing number of non-traditional Sukuk issuers begin to assess the inclusion of Sukuk in their monetary policies and with infrastructure spending in developing countries set to reach US $1 trillion per year, much has been said about the use of Sukuk in financing infrastructure projects.
Considerations for debut issuers in Saudi Arabia
Market trends from a product, structuring and pricing perspective
What is driving the surge of Islamic capital raising in the KSA?
What’s in the global pipeline for infrastructure and project Sukuk? Where are we likely to see future mega-deals?
How will the current economic climate and commodity prices impact how infrastructure deals are done?
Saudi investments in the energy Sukuk market
Moderator :
Lawrence Oliver —Deputy CEO, DDCAP, United Kingdom
Panelists :
Hidayathullah Baig —Head of Project & Structured Finance,
Al Rajhi Bank, Saudi Arabia
Mahmoud Abdel-Baky — Of Counsel, Dentons Saudi Arabia
Mansoor Durrani —Senior Vice President & Head of Project Finance, National Commercial Bank, Saudi Arabia
Qudeer Latif —Partner & Global Head of Islamic Finance Practice, Clifford Chance
12:05 - 12:20
Presentation : Opportunities in Shariah-compliant Trade Finance Nabil Marc Abdul Massih— CEO, INOKS Capital
12:20 - 13:45
Luncheon
13:45 - 14:30
Outlook for Treasury and Liquidity Products
New structures and trends
Opportunities and limitations in the QFI framework
The use of global Islamic commodity platforms in liquidity management
Moderator :
Abdulkader Thomas— CEO, SHAPE Financial
Panelists :
Lawrence Oliver —Deputy CEO, DDCAP, United Kingdom
Dr Sami Al-Suwailem— Head, Financial Product Development Center, the IDB
Tom Guest— Head of Global Marketing, Eiger Trading Advisors
14:30 - 15:45
Islamic Asset Management
Will a QFI license become a game-changer for fund managers in the region?
Looking beyond petrochemicals: Investment opportunities in high potential sectors and asset classes: Construction, aviation, healthcare, real estate and education
New players and product offerings in the Islamic asset management space
What effect will KSA’s new investment regulations have on fund managers in the region and how will the asset management landscape evolve?
How will global markets be affected by recently repatriated assets by Saudi Arabia?
Moderator :
Nabil Issa— Partner, King & Spalding
Panelists :
Bishr Shiblaq— Partner and Head of Middle East Office, Arendt
& Medernach, UAE
Monem Salam— President, Saturna Malaysia
Walid Bin Ghaith— General Manager Asset Management and Chief Investment Officer, Al-Jazira Capital, Saudi Arabia
Zaheeruddin Khalid— Managing Director- Asset Management and Chief Investment Officer, Jadwa Investment, Saudi Arabia
15:45 - 16:15
Investments in Global Real Estate
Investment into the UK, Europe and the US
Outlook for investments in the GCC
Return expectation on income generating properties in key real estate markets
Outlook for income generating assets vs. Development assets
Asset backed vs asset based investments
Moderator :
Ali Al Hashimi— Managing Partner, Global Advocates, UAE
Panelists :
Chris Combs— Executive Vice-President, Head of Product
Development and Distribution, Gatehouse Bank
Jean Philippe Besse— Founder, Parisian Real Estate Advisor
Robin Williamson— Managing Director, Real Estate Financial Advisory and Head of Financial Advisory, Saudi Arabia Deloitte Transaction Services
