REDmoney events
IFN FORUM ASIA

Issuers Day: Monday, 1st October 2012
Investors Day: Tuesday, 2nd October 2012
Takaful & re-Takaful Day: Tuesday, 2nd October 2012
Venue: Kuala Lumpur Convention Centre, Kuala Lumpur
Confirmed Delegates:
2089
Latest update:
  • Opening address on Issuers Day by Noorizah Abd Hamid, Managing Director & Chief Executive Officer, PLUS Malaysia
  • Case Study: DanaInfra Nasional Bhd RM2.4 billion Islamic Medium-Term Notes Issuance by Fazlur Rahman Ebrahim, Principal Officer, DanaInfra Nasional Berhad & Managing Director, Prokhas
  • Keynote address on Investors Day by Dr. Nik Ramlah Mahmood - Deputy Chief Executive, Securities Commission Malaysia
  • IFN Islamic Investors Poll Awards Ceremony during lunch on Investors Day (12:30 – 14:00)
  • Case Study: Khazanah Nasional's 2012 US$357 million Exchangeable Sukuk
  • Presentation on The Islamic Interbank Benchmark Rate by Rushdi Siddiqui - Global Head, Islamic Finance & OIC Countries, Thomson Reuters
  • Case-Study: IIFM & ISDA's Mubadalatul Arbaah (MA) Profit Rate Swap Product Standard
  • Country presentation on Sri Lanka by Faizal Salieh - Managing Director/Chief Executive Officer, Amana Bank
  • Ratings and the Takaful Industry by Moungmo Lee - General Manager, Analytics, A.M Best Asia Pacific
  • Presentation on Investment Opportunities Presented by Sukuk for Takaful Providers by Rafael Dalmau - Head of Shariah Compliant Portfolio Management, BNP Paribas
  • Country Presentation: Indonesia by Riestianti - Deputy Director of Directorate of Islamic Financing, Ministry of Finance Indonesia

 

 

Issuers Day

Venue: Ballroom 2, Level 3, Kuala Lumpur Convention Centre
 
08:00 - 09:00
Registration
09:00 - 09:15
Opening Address: Noorizah Abd Hamid, Managing Director & Chief Executive Officer, PLUS Malaysia
09:15 - 09:30
Chairperson's Introduction: Abdulkader Thomas, Chief Executive Officer, SHAPE Financial
09:30 - 10:30
Session One: The Continuous Rise of the Islamic Capital Markets in Asia and Beyond
  • Maintaining stability in Asian Islamic capital markets in the light of Global market turbulence
  • Discussing likely Global and regional banking regulatory changes and predicting the consequences for Islamic issuers and intermediaries in Asia
  • Differing and opposing views on Shariah compliance - what have we learned from recent high profile capital markets cases?
  • Examining notable issues in 2012 and why they succeeded: PLUS, GACA, Pengurusan Air SPV
  • Examining deal size versus product structure and innovation
  • What more do aspiring Islamic financial markets in Asia need to do to attract issuers? Considerations: rule of law, regulation, investor base and financial infrastructure

Afaq Khan, Chief Executive Officer, Standard Chartered Saadiq
Badlisyah Abdul Ghani, Chief Executive Officer, CIMB Islamic
Sabri Ulus, Head of Treasury & Markets, Bank Islam Brunei Darussalam
Zainudin Ishak, Chief Executive Officer, HSBC Amanah Takaful
Zukri Samat, Managing Director, Bank Islam Malaysia

10:30 - 10:45
Country Presentation: Australia and Islamic Finance

Tim Dillon, Commissioner, Southeast Asia, State Government of Victoria

10:45 - 11:15
Break & Networking
11:15 - 12:00
Session Two: Islamic Capital Markets & Sukuk - Innovation, Development and Structuring
  • What do issuers need? Balancing the need for innovative product solutions with effective and consistent market regulation
  • Encouraging development of new Shariah-based products as opposed to Shariah compliant structures
  • Refinancing and restructuring Islamic capital market transactions - lessons from the Gulf
  • Sukuk and syndication compared - key considerations for issuers and investors
  • Addressing taxation, regulatory and risk management issues for the Asian Islamic capital markets
  • New views on Shariah compliance and audit considerations for capital market structures
  • Examining the success factors of the General Authority of Civil Aviation (GACA) 2012 SAR15 billion Sukuk issuance

Moderator: Neil Miller,Global Head, Islamic Finance, KPMG

Madzlan Hussain, Partner and Head Islamic Financial Services Practice, Zaid Ibrahim & Co
Mohd Effendi Abdullah, Director/Head, Islamic Markets, AmInvestment Bank
Saad Rahman, Director, Global Islamic Banking, Credit Agricole CIB
Usman Ahmed, Managing Director, Head, Global Islamic Banking Asia Pacific, Citibank

12:00 - 12:30
Case Study: DanaInfra Nasional Bhd RM2.4 billion Islamic Medium-Term Notes Issuance
  • Government-backed, Ringgit-priced Sukuk used to part finance the construction and development of the MY Rapid Transit (MRT) system
  • Second largest Sukuk issued in Malaysia to date
  • Attracted demand of up to RM12.915 billion; 5.38 times oversubscribed
  • First tranche of a four tranche series
  • Structure, funding purposes, underlying assets, ratings and pricing considerations

Fazlur Rahman Ebrahim, Principal Officer, DanaInfra Nasional Berhad & Managing Director, Prokhas

12:30 - 12:40
Luncheon Address

Luc Caytan, General Manager Global Financial Markets, KBL European Private Bankers

12:30 - 14:00
Lunch
14:00 - 14:45
Session Three: Islamic Asset, Project and Infrastructure Financing - Regulation, Structures and Opportunities in Asia and Beyond
  • Assessing Global regulatory changes for perceived higher risk banking activities: The effects of Basel III
  • What makes Islamic finance and project and infrastructure finance compatible and is this still the case in the Asian markets?
  • Addressing the increasing Global funding gap for infrastructure products - what's happening in Asia and the Gulf?
  • Challenges affecting integration of Islamic finance into project financing: Shariah issues, price, tenor, risk management
  • Financial structures to ensure success and viability of Islamic project and infrastructure transactions
  • Projek Lebuhraya Usahasama (PLUS Bhd) RM30.6 billion Sukuk and what it means to the Asian Islamic infrastructure finance market

Alhami Mohd Abdan, Head, International Finance & Capital Market, OCBC Al-Amin
Allan Redimerio, Director, Head - Infrastructure Ratings (Asia), Standard & Poor's LLC
Dominic Harvey, Partner, Vinson & Elkins
Issam El-Tawari, Chairman & Managing Director, Rasameel Structured Finance Company
Nicholas Edmondes, Partner, Trowers & Hamlins

14:45 - 15:05
Presentation: Axiata RMB1 billion Sukuk

James Maclaurin, Chief Financial Officer, Axiata Group

15:05 - 15:30
Country Presentation: Indonesia

Riestianti Thohuri, Deputy Director of Directorate of Islamic Financing, Ministry of Finance Indonesia

15:30 - 16:00
Break & Networking
16:00 - 16:30
Case Study: Khazanah Nasional's 2012 US$357 million Exchangeable Sukuk
  • First Sukuk to be priced at negative yield to maturity, reflecting investor confidence in Khazanah's credit
  • Issue offers exposure to China's buoyant retail market
  • Issue received overwhelming investor demand and was oversubscribed by 3.4 times
  • Examining what the issue means for Hong Kong’s role in Islamic finance and its positioning with China

Mohamad Safri Shahul Hamid, Deputy Chief Executive Officer, CIMB Islamic
Mohd Izani Ghani, Director & Chief Financial Officer, Khazanah Nasional

16:30 - 17:15
Session Four: Real-Life Issues and Challenges Facing Islamic Issuers in the Asian Region
  • Fees, distribution, intermediaries, advisors and cost efficiency
  • Examining the role played by guarantees in Islamic capital markets transactions
  • Maturities, pricing and credit enhancement for Sukuk issues
  • Managing Shariah risk in Islamic capital markets structures: how to ensure consistency
  • Book-building and initiatives to broaden the investor base for Islamic issuances
  • Can issuances be effectively hedged? Using swaps to manage risk
  • Examining the challenges and issues raised by the Goldman Sachs Sukuk

Leoni Silitonga, Partner, Banking & Finance, Roosdiono & Partners
Lim Say Cheong, Executive Vice - President and Head, Investment Banking, Al Hilal Bank
Maamor Che Alias
, General Manager, Advisory & Capital Markets, Prokhas
Ng Kit Ho, Director, Head,Debt Capital Markets Malaysia , Royal Bank of Scotland
Nik Norishky Thani, Head of Special Project (Islamic), Office of President & Group Chief Executive, Permodalan Nasional

17:15 - 17:30
Chairperson's Closing

Investors Day

Venue: Ballroom 2, Level 3, Kuala Lumpur Convention Centre
 
08:00 - 09:00
Registration
09:00 - 09:15
Keynote Address: Dr Nik Ramlah Mahmood - Deputy Chief Executive, Securities Commission Malaysia
09:15 - 09:30
Chairperson's Introduction: Abdulkader Thomas, Chief Executive Officer, SHAPE Financial
09:30 - 10:30
Session One: Pivotal Islamic Investment and Market Trends, Opportunities and Strategies
  • The macro situation: What instability in Europe means for asset managers in Asia and the Gulf
  • Identifying likely regulatory trends and changes in Asia with relevance to private and public investment
  • Identifying new and important Shariah compliant investment destinations and asset classes in 2012
  • Using Islamic structures and products to match issuers' needs and investors' yield expectations
  • Ensuring investor protection in today's Islamic markets: updates on restructuring, default and insolvency
  • New models for Islamic investment: exchange driven versus private placement and private equity investment

Ikbal Daredia, Chief Executive Officer, Alkhair International Islamic Bank
Luc Caytan, General Manager Global Financial Markets, KBL European Private Bankers
Maznah Mahbob,
Director, AmIslamic Funds Management
Muzaffar Hisham, Chief Executive Officer & Head, Maybank Islamic

10:30 - 11:00
Break & Networking
11:00 - 11:45
Session Two: Islamic Treasury, Risk Management Products and Liquidity Management in Asian Islamic Markets
  • Development of Islamic treasury products: How have they assisted market players and what more needs to be done?
  • The workings of IIFM & ISDA's Mubadalatul Arbaah Profit Rate Swap Product Standard, and what this will achieve in practice
  • Structuring and using Islamic profit rate swaps in practice in the Asian markets
  • Hedging Products versus Talaaub: vital considerations for effective product development
  • The outlook for liquidity management products and instruments: Commodity Murabahah, Islamic repo and other money market products

Ahmad Nazir Che Yen, Senior Vice President, Treasury Islamic, Group Treasury, CIMB Islamic
Dr Aznan Hasan, Shariah Advisor, Bursa Malaysia
Ijlal Alvi, Chief Executive Officer, International Islamic Financial Market
Lawrence Oliver, Deputy Chief Executive Officer, DDCap
Mohd Nazri Chik, Head of Shariah, Bank Islam Malaysia

11:45 - 12:15
One-on-One Interview: Questions to a Leading Figure in the Investment Community

Interviewer: Daud Vicary Abdullah, Chief Executive Officer, INCEIF
Afaq Khan, Chief Executive Officer, Standard Chartered Saadiq
Neil Miller, Global Head, Islamic Finance, KPMG

12:15 - 12:30
Presentation: The Islamic Interbank Benchmark Rate

Rushdi Siddiqui, Global Head, Islamic Finance & OIC Countries, Thomson Reuters

12:30 - 14:00
Lunch
14:00 - 14:45
Session Three: Facilitating Shariah Compliant Investment Flows Through Innovative Products, Structures and Channels
  • Challenges facing the Islamic asset management industry: developing attractive product propositions and effective distribution strategies
  • Investment and product trends in Asia: Derivatives, ETFs, iREITs
  • Optimal and efficient fund structures for success in the Islamic investment industry
  • The potential of Islamic private equity growth in Asia and the Gulf: key sectors and opportunities
  • Where is the market now for Islamic ETFs in Asia: what more needs to be done to improve investor uptake of these products?
  • Examining the crucial issue of Shariah compliance for today's Islamic investments structures and products

Associate Professor Dr Asyraf Wajdi Dusuki, Head of Research Affairs Department, International Shariah Research Academy for Islamic Finance
Mahdzir Othman, Chief Executive Officer, i-VCAP
Monem Salam, President, Saturna
Raja Teh Maimunah, Managing Director, Hong Leong Islamic Bank

14:45: - 15:30
Investors Roundtable: The Role of Institutional Investors and Takaful Funds in the Asian Islamic Investment Landscape
  • Sovereign wealth funds and their reach and scope in Asia and the Gulf
  • Discussing the investment strategies of sovereign wealth fund in the coming year
  • Assessing the role of the Takaful industry in the mobilization of funds
  • Takaful companies and the long-term investment mandates and strategies available to them
  • Investment mandates for pension funds and institutional funds in Asia: what can Islamic finance offer?

Moderator: Jeremy Grant, Asia Regional Corporate Correspondent, Financial Times

Angelia Chin Sharpe
, Chief Executive Officer, BNP Paribas Investment Partners Malaysia
Abdul Jalil Rasheed, Chief Executive Officer, Aberdeen Islamic Asset Management
Nani Abdul Rahman, Vice-President Origination, Global Markets, HSBC Amanah
Noripah Kamso, Chief Executive Officer, CIMB-Principal Islamic Asset Management
Sandeep Singh, Country Head, Malaysia & Chief Executive Officer, Franklin Templeton GSC Asset Management

15:30 - 16:00
Break & Networking
16:00 - 16:30
Case-Study: IIFM & ISDA's Mubadalatul Arbaah (MA) Profit Rate Swap Product Standard
  • Structuring the MA mechanism to allow the bilateral exchange of profit streams from fixed rate to floating rate or vice versa
  • Assessing how the documentation provides product schedules based on two separate structures for transacting MA to mitigate cash flow risk
  • Examining how the initiative will help the market through offering more robust documentation

Daniel Cookson, Senior Associate, Clifford Chance
Ijlal Alvi, Chief Executive Officer, International Islamic Financial Market

16:30 - 16:45
Presentation : How New Indices are Re-Energizing the Islamic Investment Market

Tariq Al-Rifai, Director, Islamic Market Indices, S&P Dow Jones Indices

16:45 - 17:00
Country Presentation: Sri Lanka

Faizal Salieh, Managing Director/Chief Executive Officer, Amana Bank

17:00 - 17:45
Session Four: Addressing Investor Protection, Risk Management, Regulation and Compliance Issues in the Islamic Investment Environment
  • Addressing in detail Global regulatory change and what it means for Islamic asset and fund managers
  • Enhancing risk management practices and corporate governance standards in Asia and the Gulf
  • Investor protection, recourse to assets, default, insolvency and restructuring in Islamic finance: key practical issues and avoiding costly mistakes
  • Ensuring compliance with changes to domestic and overseas regulation for asset managers
  • Examining solvency, governance and risk management measures for the Takaful industry
  • Shariah compliance issues

Andrew Leamon, Director, Deutsche Bank AG
Foo Su Yin,
Chief Executive Officer, RAM Rating Services
Jeroen Thijs, Chief Risk Officer, Bank Islam Malaysia
Professor Mohamed Ismail Shariff, Managing Partner, Mohamed Ismail & Co

17:45 - 17:50
Chairperson's Closing

Takaful & re-Takaful Day

Venue: Room 401 & 402, Level 4, Kuala Lumpur Convention Centre
 
08:00 - 09:00
Registration
09:00 - 09:20
Welcome and Chairperson's Introduction: Sohail Jaffer, Deputy Chief Executive Officer, FWU Global Takaful Solutions
09:20 - 10:00
Session One: Initiatives and Developments in Takaful & re-Takaful
  • Addressing the need for regulatory bodies to strengthen supervisory roles to protect stakeholders in the Takaful Industry
  • The challenges presented by increased variances in regulatory regimes across jurisdictions
  • Key product growth segments in the Asian Takaful markets: How can the industry maintain present growth rates?
  • Re-Takaful capacity: Increasing capacity for specialty lines and high risk infrastructure projects
  • Examining solvency, governance and risk management measures for the Takaful industry as tabled by AAOIFI and IFSB
  • Discussing the benefits and workings of Takaful and insurance benefits protection schemes

Md Khairuddin Arshad, Chief Operating Officer, Perbadanan Insurans Deposit Malaysia
Dr Mohd Rafick Khan bin Abd Rahman, Regional Client Manager, Munich Re Retakaful
Zainudin Ishak, Chief Executive Officer, HSBC Amanah Takaful

10:00 - 10:15
Presentation: Investment Opportunities Presented by Sukuk for Takaful Providers

Rafael Dalmau, Head of Shariah Compliant Portfolio Management, BNP Paribas Asset Management

10:15 - 10:30
Presentation: Ratings and the Takaful Industry

Moungmo Lee, General Manager, Analytics, AM Best Asia Pacific

10:30 - 11:00
Break & Networking
11:00 - 11:45
Session Two: Focusing on investment choices and strategies for Takaful companies in Asia
  • What is the reality for Takaful operators and their investment mandates and options?
  • What can be done to close the duration gap and increase investment options for Takaful companies?
  • The role of regulators in this process
  • Sukuk and the investment opportunities it presents for Takaful operators
  • Effectively managing investment risk and maximizing return

Azim Mithani - Chief Executive Officer, Prudential BSN Takaful
Daniel Choong, Executive Director, Head of Business Development, Nomura Islamic Asset Management
Mohd Farid Kamarudin, Executive Director of Sukuk and Alternative Investments, Funds Management Group, AmBank Group
Norlia Mat Yusof, Chief Investment Officer, Etiqa

11:45 - 12:30
Session Three: Takaful Operational and Financial Management - Surplus Sharing, Reporting and Risk Management
  • Surplus distribution: Principles of pooling versus advance payment request
  • Surplus sharing: The latest Shariah rulings and pronouncements
  • Assessing the recent MASB draft (DP i-1) on Takaful and how Takaful fits into IFRS4
  • Risk management procedures for Takaful operators using derivatives contracts to hedge
  • An update on the risk based capital framework (RBC) introduced by the Malaysia Takaful Association and its effect on the industry
  • Examining the role of guarantees in Takaful

Anita Menon, Chief Risk Officer, Prudential BSN Takaful
Farzana Ismail, Principal, Actuarial Partners Consulting
Dr Nurdianawati Irwani Abdullah, Shariah Advisor, Standard Chartered Saadiq & AmTakaful
Wan Saifulrizal Wan Ismail, Associate Director, Towers Watson
Dr Younes Soualhi, Chairman, Shariah Board, Munich Re Retakaful

12:30 - 12:35
Chairperson's Closing
12:35 - 14:00
Lunch
14:00 - 17:45
Join Investors Day

 

SPONSORS FOR IFN ASIA FORUM 2012

LEAD PARTNERS
Ambank IslamicBank Islam Malaysia BerhadCIMB IslamicHSBC AmanahStandard Chartered Saadiq
SUPPORTED BY
MIFCState Government of Victoria
ENDORSED BY
UKIFS
LUNCHEON SPONSOR
KBL European Private Bankers
EXCLUSIVE KNOWLEDGE PARTNER
KPMG
ASSOCIATE PARTNER
Alkhair International islamic Bank
EXECUTIVE PARTNERS
A.M. Asia-Pacific Ltd
Bank Muamalat Indonesia
Deutsche Bank
FWU Group
Innovation & Development Sdn Bhd
Luxembourg for Finance
Munich RE
OCBC Al Amin
RAM Rating Services
Dow Jones Indexes
Trasset
Vinson & Elkins
TAKAFUL & RE-TAKAFUL DAY ENDORSER
International Cooperative and Mutual Insurance Federation
UK PAVILION SPONSORS
Aberdeen Islamic Asset Management
Bank of London and The Middle east (BLME)
DDCAP Limited
EIGER
Trowers &  Hamlins
EVENT STATIONERY SPONSOR
Cagamas
CORPORATE GIFT SPONSOR
Prudential BSN Takaful
BOOTH SPONSOR
INCEIF
ADVERTISEMENT SPONSOR
Malaysian Rating Corporation Bhd
RATINGS PARTNER
Standard & Poor�s
PARTNER
IdealRatings
LEAD MEDIA PARTNER
Islamic Finance news
MARKETING PARTNER
The Economist
MEDIA PARTNERS
AlHuda Centre of Islamic Banking and EconomicsAlpha Southeast Asia
Asia Insurance ReviewBusiness IslamicaCapital BusinessDow JonesEurekahedgeGlobal Islamic FinanceIIJ � Institutional Investor JournalsMoney CompassOxford Business GroupPacific Rim ConstructionThe AssetTrue Banking Magazine