REDmoney events
Issuers Day: Monday, 16th April 2012
Investors Day: Tuesday, 17th April 2012
Takaful & re-Takaful Day: Tuesday, 17th April 2012
Venue: Grand Ballroom, Hotel Mulia Senayan, Jakarta
Confirmed Delegates:
Latest update:
  • Keynote Speech on Investors Day by Dr. Mulia P. Nasution, DESS - Senior Adviser to Minister of Finance & Chairman of the Establishment Committee, Otoritas Jasa Keuangan (OJK)
  • One-on-One Q&A session with Dahlan Siamat - Director Islamic Financing Policy, Ministry of Finance Indonesia
  • The Role of Regulators in Growing the Islamic Banking Sector by Edy Setiadi - Director of Islamic Banking, Bank Indonesia
  • Presentation on Indonesia Islamic Finance Taxation Update by Prof Dr. Bambang Brodjonegoro - Head of Fiscal Policy Office, Ministry of Finance Indonesia



Issuers Day

08:00 - 09:00
Registration & Breakfast
09:00 - 09:20
Opening Address
Yuslam Fauzi - Chairman, Indonesian Islamic Banking Association
09:20 - 09:30
Chairperson's Welcome
Neil Miller - Global Head Islamic finance, KPMG Dubai
09:30 - 10:15
Session One: Growth of Islamic Financial Markets in Indonesia in 2012 and Beyond
  • Shielding Indonesia's financial markets from the volatilities of international markets: Addressing underperformance of Islamic Issuances
  • Encouraging corporate issuance to provide diversity and depth to the local Islamic bond market
  • Tax holidays on Sukuk: where does the market go from here?
  • Competing with established Islamic financial markets such as Malaysia - identifying Indonesia's competitive advantage?
Panelists: Badlisyah Abdul Ghani - Chief Executive Officer, CIMB Islamic Malaysia
  Eka Danuwirana - Senior Vice President, Bank Syariah Mandiri Indonesia
  Hendro Utomo - Vice President Financial Institutions Ratings, Pefindo Credit Rating
  Michael Steven - President Director, Kresna Securities
10:15 - 10:30
The Role of Regulators in Growing the Islamic Banking Sector
Ahmad Buchori - Head of Policy Review and International Standard Team - Directorate of Islamic Banking, Bank Indonesia
10:30 - 11:00
Networking Break
11:00 - 11:15
Indonesia Islamic Capital Market Report
Etty Retno Wulandari - Head of Accounting Standard and Disclosure Bureau, Bapepam
11:15 - 12:00
Session Two: Islamic Capital Market Products, Structures, Challenges and Opportunities
  • Issuance of a benchmark global Sukuk: Suitable market conditions and pricing
  • Short term versus long term bonds: Meeting demands for short term shariah notes and managing liquidity
  • Asset backed securities: Infrastructure and project financing
  • Indonesia's sovereign issuance: Addressing the need and capacity for more product diversity
  • Diversifying funding sources: Islamic treasury bills, retail Sukuk
  • Tax neutrality in promoting innovation in Islamic securities: Addressing the absence of retroactive clauses in legislative changes
Panelists: Ahmad Najib Nazlan - Head of Treasury, Bank Muamalat Malaysia & Executive Director, Muamalat Invest Malaysia
  Alhami Mohd Abdan - Head International Finance & Capital Market, OCBC Al-Amin Malaysia
  Allan Redimerio - Director and Head of Asia Infrastructure Ratings, Standard & Poor's Singapore
  Andri Aidham Badri - Partner, Kadir Andri & Partners Malaysia
12:00 - 12:45
Issuers Roundtable
  • Cost of issuing Islamically versus conventional
  • Market volatility and issuance success rates
  • Investor base: Selecting where to list and dominating currency
  • Qualifying deal managers and legal counsels
  • Repayment structures and default avaoidance
  • Governance - as important as the deal
Panelists: Fatati Sriwahyuni - Deputy Director Financial Market Analysis, Ministry of Finance, Indonesia
  Mohd Izani Ghani - Chief Financial Officer, Khazanah Nasional Malaysia
  Mehmet Fatih Bulac - Vice President & Head International Financial Institutions, Turkiye Finans Participation Bank
12:45 - 14:00
Kresna Securities
12:45 - 13:00
Luncheon Keynote
Michael Steven - President Director, Kresna Securities
14:00 - 14:15
Power Presentation One: Infrastructure Financing
Craig R. Nethercott - Partner Finance Department & Co-Chair Islamic Finance Practice Group, Latham & Watkins
14:15 - 14:30
Country Presentation: Japan
Naoki Ishikawa - Partner, Mori Hamada & Matsumoto
14:30 - 14:45
Power Presentation Three: Axis Cross- Border Islamic Financing
Indri Pramitaswari Guritno - Partner, Banking, Finance and Major Projects, Hadiputranto, Hadinoto & Partners
14:45 - 15:00
Power Presentation Four: TH indo Plantation Commodity Murabahah
Leoni Sililtonga - Partner, Roosdiono & Partners Indonesia
15:00 - 15:30
Networking Break
15:30 - 16:15
Session Three: Increasing Secondary Market Trading and Cross- Border Liquidity Flows
  • Narrowing yield spreads by increasing trading quality
  • Investing in secondary markets as opposed to holding until maturity
  • Axis Cross-Border Shariah Financing: Lessons learned
  • International Islamic Liquidity Management Corporation (IILM) and its role in the Indonesian capital market
  • Addressing investor's demand for higher yield: Compensating for lack of liquid secondary market in Islamic securities
Panelists: Andrew Leamon - Director and Head of Corporate Trust Asia Pacific Sales, Deutsche Bank Hong Kong
  Devie Milayanti - Director, Group Head Capital Markets, Madani Securities
  Hitesh Asarpota - Associate Director, Emirates NBD Capital
  Dr. Kalwant Singh - Vice President, Maybank Investment Malaysia
16:15 - 17:00
Shariah Scholars Roundtable
Karnaen A Perwataatmadja - Shariah Advisor, Bank Danamon Indonesia
M Gunawan Yasni - Shariah Advisor, Bapepam
Dr Muhammad Syafii Antonio - Chairman, Batasa Capital
Dr. Rusni Hassan - Shariah Advisory Council, Bank Negara Malaysia
17:00 - 17:15
Chairperson's closing
Neil Miller - Global Head Islamic finance, KPMG Dubai

Investors Day

08:00 - 09:00
Registration & Breakfast
09:00 - 09:15
Keynote Address
Dr Mulia P Nasution, DESS - Senior Adviser to Minister of Finance & Chairman Establishment Committee OJK
09:15 - 09:30
Chairperson's Welcome
Riawan Amin - Honorary Chairman, Indonesian Islamic Banking Association
09:30 - 10:15
Session One: Key Islamic Investment Trends and Strategies in 2012
  • Discussing Islamic investment trends and strategies in Indonesia
  • Growing Islamic financial market by capitalizing from Indonesia's economy growth: Capitalizing from positive ratings
  • What does Indonesia have to offer the international investment community?
  • Tapping petrodollars from the Middle East and identifying opportunities in Europe
  • Recent regulatory and taxation changes relevant to Islamic finance in Indonesia, and what they really mean for investors
Guest Moderator: Riawan Amin - Honorary Chairman, Indonesian Islamic Banking Association
Panelists: Fares Mourad - Managing Director, Islamic finance, Sarasin Bank Switzerland
  Ibrahim Hassan - President Director, Maybank Syariah Indonesia
  Issam Z. Al Tawari - Chairman & Managing Director, Rasameel Structured Finance Company Kuwait
  Md Noor Hj A Rahman - Chief Executive Officer & Executive Director, OSK - UOB Islamic Fund Management Malaysia
10:15 - 10:30
One-on-One Q&A
Dahlan Siamat - Director Islamic Financing Policy, Ministry of Finance Indonesia
Neil Miller - Global Head Islamic finance, KPMG Dubai
10:30 - 11:00
Networking Break
11:00 - 11:45
Session Two: Identifying Opportunities from Indonesia's Islamic Investment Products
  • Identifying the market for Islamic ETFs and REITs in Indonesia
  • Islamic private equity and venture capital in Indonesia: Where is the market headed now?
  • Tapping potential in growing industries: Real estate, technology and healthcare
  • The growth of private investment funds
  • The market and growth of commodity Murabaha products in Indonesia
Moderator: Ariff Sultan - Director, Idealratings
Panelists: Adrian A Gunadi- Director, Bank Muamalat Indonesia
  Eldred Buck - Managing Director, Eiger Trading Advisors
  Saefuddin Noer - Head Shariah Banking, CIMB Niaga
  Teguh Wirahadikusumah - Director & Head of Structured Finance, Mandiri Sekuritas Indonesia
11:45 - 12:30
Session Three: Liquidity of Indonesia's Islamic Instruments
  • Examining the current state of the Islamic secondary and interbank money markets
  • Islamic money markets instruments, repurchase agreements and the availability of cross-border liquidity
  • Surplus liquid assets: Discussing the effect of underutilized surplus liquidity
  • Addressing the scarcity of liquid instruments which inhibits the growth of Islamic finance: What can we do?
  • The importance of liquidity risk management: Improving investor's confidence
Moderator: Ariff Sultan - Director, Idealratings
Panelists: Lawrence Oliver - Senior Executive Director & Deputy Chief Executive Officer, DDCap
  Rizqullah Thohuri - President Director, BNI Syariah Indonesia
  Sharizad Juma'at - Managing Director & Chief Executive Officer, AmanahRaya Investment Management
  Yazit Yusuff - Director & Head of Islamic Banking, OSK Investment Bank
12:30 - 14:00
Hadiputranto, Hadinoto & Partners
14:00 - 14:15
Power Presentation: Indonesia Islamic Finance Taxation Update
Astera Primanto Bhakti - Director of Center for State Revenue, Ministry of Finance Indonesia
14:15 - 14:30
Power Presentation Two: Market for Islamic REITs in Indonesia
Abas B A Jalil - Chief Executive Officer, Amanah Capital Group Malaysia
14:30 - 14:45
Power Presentation Three: Country Presentation: Maldives
Aishath Muneeza - Head of Islamic finance, Capital Market Development Authority, Maldives
14:45 - 15:00
Power Presentation Four: Islamic Fund Management
Fadlul Imansyah, Head of Investment, CIMB- Principal Asset Management Indonesia
15:00 - 15:30
Networking Break
15:30 - 16:15
Session Four: Transparency, Reporting and Corporate Governance in Islamic Investments
  • Increasing level of information disclosed to uphold integrity of Islamic financial institutions
  • Corroborating Shariah compliant investing with external parties
  • Role of board of directors in ensuring transparency
  • Audit and Shariah audit requirements: Is it standardized?
  • Whistle-blowers protection: Is it safe to speak out against discrepancies?
Moderator: Ariff Sultan - Director, Idealratings
Panelists: Hanim Hamzah - Partner, Roosdiono & Partners
  Andi Faizal - Senior Manager, PwC Indonesia
  Dr Salah Addeen A Qader Saeed - General Manager, Credit & Risk Management, Bahrain Islamic Bank
16:15 - 17:00
Investors Roundtable
  • Investment opportunities in Indonesia
  • Addressing investors investment concerns
  • Cost of investing in Indonesia as opposed to neighbouring countries
  • Attractive investment assets and location for 2012
Moderator: Ariff Sultan - Director, Idealratings
Panelists: Amran Mohamad - Chief Executive Officer, SBI Islamic Fund Brunei
  Marsangap P Tamba - Vice President and Group Head of Investments, Sun Life Financial Indonesia
  Stephen Grundlingh - Co-CEO & Regional Head, Templeton Asset Management Singapore
17:00 - 17:15
Chairperson's closing
Ariff Sultan- Director, Idealratings

Takaful & re-Takaful Day

08:00 - 09:00
Registration & Breakfast
09:00 - 09:15
Chairperson's Welcome
Sohail Jaffer - Partner, FWU Group Luxembourg
09:15 - 10:00
Session One
Growth of Takaful & re-Takaful in Indonesia and the Region
  • Large growth percentage: What does it really mean when translated into contributions
  • Different profit drivers and what does it mean for profits and pricing
  • Investment horizons and approaches available to Takaful and re-Takaful operators
  • Recent regulatory initiatives to further drive the growth of the Takaful industry
  • Moving out of window operations and into independent operations
Panelists: Albert Wiseman Paterson - President Director, PT Sun Life Financial Indonesia
  Saiful Yazan Ahmad - Chief Executive Officer, ING Public Takaful Ehsan
  Yudha Pratama - President Director, PT Jaya Proteksi Takaful
10:00 - 10:15
Takaful Industry Report
Isa Rachmatarwata - Head of Insurance Bureau, Bapepam
10:15 - 10:45
Networking Break
10:45 - 11:30
Session Two
Risk and Risk Management in Takaful and re-Takaful Sector
  • Identifying risks: Financial, strategy, operational and others
  • Risk mechanism and re-Takaful: Are other risk mechanisms as effective?
  • The relevance and importance of ratings to Takaful & re-Takaful companies
  • Meeting audit and Shariah audit requirements
  • Disclosure and transparency of investments and risk management within fund structures and performances
Panelists: Erwin H. Noekman - Head - Takaful Business Unit, Asuransi Jasa Indonesia (Persero)
  Nazrul Hisham Abdul Hamid - Chief Internal Auditor, Syarikat Takaful Malaysia
  Wan Saifulrizal Wan Ismail - Associate Director, Towers Watson
11:30 - 12:15
Session Three
Takaful Success Factors: What Will It Take to Move to the Next Level
  • Awareness and customer education - removing the "luxury" tag from Takaful products
  • Market penetration: Examining the available distribution channels
  • Providing competitive and equitable underwriting standards
  • Micro-Takaful as a method to increase market penetration
  • Meeting customers needs via bancaTakaful and investment-linked products
  • Reaching your customers: Simplified product descriptions, affordable payments, trained agents & brokers and easy claim procedures
Panelists: Kamaruddin Ali - Manager- Takaful, CIMB Islamic
  Nelly Husnayati - Vice President Director & Head of EB & Shariah Business, Ansuransi Jiwa Manulife Indonesia
  Mike Blakeway- President Director, Chartis Insurance Indonesia
  Saiful Yazan Ahmad - Chief Executive Officer, ING Public Takaful Ehsan
12:15 - 12:30
Chairman's Closing
Sohail Jaffer - Partner, FWU Group Luxembourg
12:30 - 14:00
14:00 - 17:15
Move to Investors Day



Bank BRISyariahCIMB Islamic
Kresna SecuritiesBank Maybank Syariah Indonesia (MSI)Sun Life Financial Indonesia
International Cooperative and Mutual Insurance Federation
Hadiputranto, Hadinoto & Partners
Kresna Securities
DDCAP Limited
Deutsche Bank
FWU Group
Manulife Financial Unit Syariah Indonesia
OCBC Al Amin

Roosdiono & Patners
PT Bank Syariah Mandiri
Tugu Pratama Indonesia
Islamic Finance news
Alpha Southeast AsiaDow Jones
EurekahedgeOxford Business Group