REDmoney events
Issuers Day: Monday, 15th April 2013
Investors Day: Tuesday, 16th April 2013
Venue: Hotel Mulia Senayan, Jakarta
Confirmed Delegates:

Issuers Day

08:00 - 09:00
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
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
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
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)
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
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
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
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
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
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)
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
Suhaimi Zainul-Abidin - Partner, Allen & Gledhill
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


AAOIFIInternational Islamic Financial Market
CIMB Islamic
The Islamic Corporation for the Development of the Private Sector (ICD)
Bank Muamalat IndonesiaINCEIFBank Maybank Syariah Indonesia (MSI)
Emirates NBD Group
Finance Accreditation Agency
FWU Group
Kuala Lumpur Regional Centre for Arbitration
NCB Capital
OCBC Al Amin
Russell Indexes
PT Samuel Aset Manajemen
Trowers &  Hamlins
Millennium Information Solutions
Roosdiono & Patners
Saturna Sdn Bhd
Islamic Finance news
Alpha Southeast Asia
Chartered Institute for Securities & Investment (CISI)
Inside Investor
Oxford Business Group
The Asset




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