REDmoney Events - IFN INDONESIA FORUM 2013

Issuers Day: Monday, 15^th April 2013
Investors Day: Tuesday, 16^th April 2013
Venue: Hotel Mulia Senayan, Jakarta

Confirmed Delegates:
723

DAY 1: Issuers Day
DAY 2: Investors Day

Issuers Day

08:00 - 09:00

Registration

09:00 - 09:15

Opening Keynote Address: Strategic Sukuk Issuance for 2013
Robert Pakpahan - Director General, Debt Management Office, Ministry of Finance, Indonesia

09:15 - 09:30

Welcome Address: Islamic Banking in Indonesia: Performance and Challenges
Edy Setiadi - Executive Director, Department of Islamic Banking, Bank Indonesia

09:30 - 10:30

Session One: Outlook for Islamic Finance in Indonesia: Competing on a Global Scale

Identifying key drivers for sustainable growth of Indonesia’s Islamic financial services industry: greater corporate participation, cross border Islamic investments, product innovation
Assessing the impact Bank Indonesia’s recent and proposed regulations will have on the country’s Islamic banking industry
Examining notable issues in 2012 and why they succeeded: Republic of Indonesia Global Sukuk, IDR Retail Sukuk Series, GoI’s Project Based Sukuk Series
Role of regulators and corporate issuers in attracting foreign investors - striking a balance between stringent governance and encouraging cross border investment flows
Diversifying Islamic finance offerings - outlook for transactional banking activities such as Islamic trade and syndicated finance
Laying the groundwork for sustainable growth of Indonesia’s Islamic retail and commercial banking sector

Moderator:

Daud Vicary Abdullah - Chief Executive Officer, INCEIF

Panelists:

Badlisyah Abdul Ghani - Chief Executive Officer, CIMB Islamic
Dahlan Siamat - Director of Islamic Financing, Ministy of Finance
Farid Mohamad Masmoudi - Director, Business Development & Partnership, Islamic Corporation for the Development of the Private Sector (ICD), member of the IDB Group
Riawan Amin - President Director, Bank Jabar Banten Syariah and Honorary Chairman, Indonesian Islamic Banking Association

10:30 - 11:00

Networking Break

11:00 - 11:30

Presentation: SATORP and SADARA Project Finance Sukuk Structures
Shibeer Ahmed - Partner, White & Case

Download presentation

11:30 - 12:30

Session Two: Islamic Capital Markets and Sukuk: Innovation in Regulations and Structuring to Support Growth

Balancing the need for innovative product structures with effective governance of regulatory and Shariah risks
Taking Sukuk mainstream: role of Indonesian regulators and corporate issuers
Addressing the underperformance of corporate Sukuk deals in Indonesia - does the success of Sovereign Sukuk come at the expense of corporate issuances?
Regulatory update: will proposed regulations address tax neutralization and the transfer of beneficial ownership in Sukuk transactions?
Analysing the possibility of side-stepping civil law obstacles by setting up a separate financial authority in Indonesia
Overcoming the complexities of cross border Sukuk issuance in a civil law jurisdiction

Moderator:	Lawrence Oliver - Deputy Chief Executive Officer, DDCap
Panelists:	Afrid Wibisono - Division Head, Financial Institutions & Transactional Banking, Bank Muamalat Indonesia Daud Vicary Abdullah - Chief Executive Officer, INCEIF Mehmet Fatih Bulac - Vice President, Financial Institutions & Islamic Syndications Turkiye Finans Norfadelizan Abdul Rahman - Maybank Syariah Indonesia

12:30 - 14:00

Lunch

14:00 - 14:45

Session Three: Islamic Project and Infrastructure Financing: Regulations, Structures and Opportunities in Indonesia

Are Shariah compliant structures well suited to meet the needs of Indonesia’s infrastructure development projects?
Addressing the need for adequate capital support and risk management capabilities due to civil law requirements
Using Islamic infrastructure financing as a catalyst for cross border financing in Indonesia
Capitalizing on the increasingly popular trend of syndicated financing of infrastructure projects - do the opportunities outweigh the risks? - fee based income model, preempting of the legal lending limit for Islamic banks
Will greater participation from the corporate sector galvanize Indonesia’s project-based Sukuk program for infrastructure development?

Moderator:	Mohamed Ridza Abdullah - Managing Partner, Mohamed Ridza & Co
Panelists:	Alhami Mohd Abdan - Head, International Finance & Capital Market, OCBC Al-Amin Bank Farouk Abdullah Alwyni - Chief Executive Officer, Alwyni International Capital Nicholas Edmondes - Partner, Trowers & Hamlins Shibeer Ahmed - Partner, White & Case

14:45 - 15:05

Case Study: Government of Indonesia US$1 billion Sovereign Sukuk
Riestianti Thohuri - Deputy Director of Directorate of Islamic Financing, Ministry of Finance Indonesia

Download presentation

15:05 - 15:30

Networking Break

15:30 - 15:45

Case Study: Golden Agri-Resources Ltd's 15-Year Sukuk Murabahah Programme of up to RM5 billion (USD1.637 billion)
Yazit Yusuff - Director & Head of Islamic Banking, OSK Investment Bank (a subsidiary of RHB Capital)

Download presentation

15:45 - 16:30

Retail Roundtable: Outlook for the Islamic Retail Banking Sector in Indonesia

Assessing the future growth potential of Shariah compliant retail products in Indonesia
Impact of regulatory changes and bank ownership rules on Islamic retail banking activities in Indonesia
Maintaining a competitive advantage through the development of targeted Shariah compliant retail offerings
Challenges faced by Islamic retail banks — stiff competition, Shariah concerns and the crucial need for innovative product structures
Initiatives and developments in Takaful and reTakaful — future growth prospects and challenges

Moderator:

Nazneen Halim - Editor, Islamic Finance news

Panelists:

Achmad Kusna Permana - Executive Vice President & Head of Shariah Banking, Bank Permata and Secretary General, Indonesian Islamic Banking Association
Adrian Gunadi - Director, Retail Banking, Bank Muamalat Indonesia
Dr Rifki Ismal - Assistant Director, Department of Islamic Banking, Bank Indonesia
Wasim Akhtar Saifi - Global Head of Islamic Banking, Consumer Banking & Chief Executive Officer, Standard Chartered Saadiq, Malaysia

16:30 - 17:15

Session Four: Real-Life Issues and Challenges facing Islamic Issuers

Factors hindering the growth of corporate Sukuk issuance - domestic demand, tax treatment, lack of secondary market activity - and steps to overcome them
Addressing the disconnect between the need for project and infrastructure funding and the availability of Shariah compliant funding instruments
Examining issues relating to fees, distribution, intermediaries, advisors and cost efficiency
Addressing Shariah issues specific to Indonesia and how this will affect product innovation
Recognising the growing need for structured programs to raise awareness amongst issuers and develop sustainable, qualified talent in the Islamic financial services industry
Crucial need for standardization of documents and possibility of setting a standards body in Indonesia

Moderator:	Nicholas Edmondes - Partner, Trowers & Hamlins
Panelists:	Dr Amat Taap Manshor - Chief Executive Officer, Finance Accreditation Agency Ivan Budiarnawan - Tax Director, PwC Indonesia Leoni Silitonga - Partner, Banking & Finance, Roosdiono & Partners Ritesh Maheshwari - Managing Director & Lead Analytical Manager, Financial Services Ratings, Asia Pacific, Standard & Poor’s

17:15 - 17:30

Chairperson's Closing

Investors Day

08:00 - 09:00

Registration

09:00 - 09:15

Opening Address: Advancing Sustainable Development of the Islamic Capital Market
Dr Nik Ramlah Mahmood - Deputy Chief Executive, Securities Commission Malaysia

09:15 - 09:30

Keynote Address: The Emergence of the Islamic Finance Industry in Indonesia
Farid Mohamed Masmoudi - Business Development and Partnership Director, Islamic Corporation for the Development of the Private Sector, Islamic Development Bank

09:30 - 10:30

Session One: Developing Indonesia as an Islamic Investment Center

Assessing Indonesia’s recent financial reforms and its significance to potential Gulf and Asian investors
Will the new bank ownership rules (single shareholder policy) hinder inward investment or demonstrate greater governance?
Capitalising on the rising demand for investable assets of a growing domestic Islamic finance market
Assessing Indonesia’s readiness to challenge mature Islamic investment destinations such as Malaysia and the Middle East
What impact does the 40% rule have on the balance of international participation in Indonesia’s Islamic banking landscape?
Takaful strategy and investments in Indonesia

Moderator:	Sohail Jaffer - Deputy Chief Executive Officer, FWU Global Takaful Solutions
Panelists:	Albert Wiseman Paterson - President Director, PT Sun Life Financial Indonesia Mohammad Kamran Wajid - Chief Executive Officer, Emirates NBD Capital Moinuddin Malim - Chief Executive Officer, Mashreq Al Islami Wasim Akhtar Saifi - Global Head of Islamic Banking, Consumer Banking & Chief Executive Officer, Standard Chartered Saadiq, Malaysia

10:30 - 10:45

Country Presentation: Saudi Arabia’s Equity Markets
Rami Sayegh - Head of International Sales, NCB Capital, Saudi Arabia

Download presentation

10:45 - 11:15

Networking Break

11:15 - 11:35

Presentation: Growth, Future Potential and Investment Opportunities for Indonesia's Takaful Industry
Ahmir ud Deen - Business Development Director, Prudential Indonesia

Download presentation

11:35 - 12:30

Session Two: Opportunities for Islamic Treasury, Risk and Liquidity Management Products in Indonesia

Outlook for Indonesia’s Shariah based Interbank Money Market and recent foray into Mudarabah investment certificates and Commodity trading certificates
What will the impending launch of foreign currency deposits for Islamic banks mean for international investors?
What impact could proposed changes to hedging rules have on future development of Shariah compliant hedging and swaps products in Indonesia?
Addressing liquidity risk through the issuance of short term Sukuk investments - what’s in the pipeline for Indonesia
Assessing the likely impact of hedging products on market efficiency and liquidity

Moderator:	Sohail Jaffer - Deputy Chief Executive Officer, FWU Global Takaful Solutions
Panelists:	Agus Syabarrudin - Vice President & Head of Strategic Business Initiatives, Bank Danamon Syariah Lawrence Oliver - Deputy Chief Executive Officer, DDCap Syed Alwi Mohamed Sultan - Head of Islamic Banking, Asia Pacific, BNP Paribas Yazit Yusuff - Director & Head of Islamic Banking, OSK Investment Bank (a subsidiary of RHB Capital)

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
Emergence of a potentially lucrative asset class: gold investment accounts and gold financing facilities
Market outlook for i-ETFs and i-REITs in Indonesia
The potential of Islamic private equity funds and Islamic wealth management: key sectors and opportunities
Examining the crucial issue of Shariah compliance for today's Islamic investments structures and products
Utilising technology to facilitate Shariah compliant investments and funds transactions

Moderator:	Dr Brian Shegar - Chief Executive Officer, Emirates NBD, Singapore
Panelists:	Agus B Yanuar - President Director, Samuel Aset Manajemen Ariff Sultan - Regional Director (Asia), IdealRatings Fadlul Imansyah - Head of Investments, CIMB Principal Asset Management Indonesia Mahmud Hossain - Chief Executive Officer & Co-Founder, Millennium Information Solution

14:45 - 15:05

Presentation: Outlook and Future Growth Potential for Islamic ETFs in Indonesia
Ernawan R Salimsyah - CFA- Director & Chief Investment Officer, Indo Premier Investment Management

Download presentation

15:05 - 15:20

Presentation: Application of Wa'ad in Equity Based Sukuk Structures
Dr Marjan Muhammad - Researcher, International Shariah Research Academy for Islamic Finance (ISRA)

Download presentation

15:20 - 15:45

Networking Break

15:45 - 16:15

Case Study: Sabana REIT S$80 million Convertible Sukuk Al Ijarah

Panelists:

Gregory Man - Senior Associate, Clifford Chance

Download presentation
Suhaimi Zainul-Abidin - Partner, Allen & Gledhill

Download presentation

16:15 - 17:00

Session Four: Laying the Groundwork for Sustainable Growth of Islamic Investments in Indonesia

Key issues and concerns facing foreign investors
Addressing governance and risk issues affecting Indonesia’s Islamic banks
Investor protection, recourse to assets, default, insolvency and restructuring in Islamic finance: Key practical issues and avoiding costly mistakes
Investment mandates and options for Takaful funds: effectively managing investment risk and maximizing returns
Investing in Indonesia in comparison to other Islamic finance destinations: costs, legal considerations, opportunities and sectors
Addressing global regulatory change and what it means for Islamic asset and fund managers

Moderator:	Ariff Sultan - Regional Director (Asia), IdealRatings
Panelists:	Ahmad Lutfi Abdull Mutalip - Head, Global Financial Services & Islamic Banking, Azmi & Associates, Malaysia Ibrahim Hassan - President Director, Maybank Syariah Indonesia Monem Salam - President, Saturna, Malaysia

17:00 - 17:15

Chairperson's Closing