REDmoney events
Issuers Day: Monday, 18th November 2013
Investors Day: Tuesday, 19th November 2013
Venue: Four Seasons Hotel Riyadh, Kingdom Center

Issuers Day

08:00 - 09:00
09:15 - 09:30
Chairperson's Introduction
09:30 - 10:30
Session One: Outlook for Saudi Arabia’s Islamic Capital Market: Competing on a Global Scale
  • Identifying the key drivers for sustainable growth of Saudi Arabia’s Islamic financial services industry: strong investor demand, increased financing opportunities
  • Capitalising on the rising demand for investable assets of a growing domestic Islamic finance market
  • Examining notable deals issues and why they succeeded: Saudi Electricity 30-year International Sukuk, Sadara Sukuk, Al Bayan, Saudi Binladin, SABIC
  • Factors hindering the growth of Sukuk issuance – restricted foreign participation, lack of secondary market activity – and steps to overcome them
  • FDI focus: What more needs to be done to pursue investment flows from foreign investors and further enhance secondary market trading of Sukuk
  • Assessing the need for and impact of further market liberalization - market readiness, political hurdles, impact on domestic players
Moderator: Abdulkader Thomas - Chief Executive Officer, SHAPE Financial
Panelists: Abdulmohsen Al Fares - Managing Director & Chief Executive Officer, Alinma Bank
Muhammad Farhan- Director & Head of Islamic Banking, HSBC Saudi Arabia
Zaki Salameh - Head of Corporate Finance and Investment Banking, Alkhair Capital Saudi Arabia
10:30 - 11:00
Networking Break
11:00 - 12:00
Session Two: Sustaining Saudi Arabia’s Exceptional Growth in the Islamic Capital Market: Regulations, Product Innovation and Structuring
  • Steps needed to reduce the cost of Sukuk financing: The vital need for further foreign participation
  • Emerging tax, legal and regulatory considerations for Saudi issuers: What further legislative amendments can be expected to further develop the Kingdom’s Islamic capital market
  • Innovation and diversification in Sukuk structuring: Comparing global structuring trends with current structures used in Saudi Sukuk issuances
  • Balancing the need for a prudent economic policy and developing a functional and accessible capital market
  • Addressing Shariah issues specific to the Kingdom 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
Moderator: Jawad I. Ali - Managing Partner, Middle East Offices, King & Spalding
Panelist: Bashar Al-Natoor - Director, Corporates, Fitch Ratings
Massoud Janekeh - Director, Head of Islamic Capital Markets, Bank of London and The Middle East
12:00 - 12:30
Case Study: Madinah Airport Expansion PPP
Mohammed Paracha - Partner, Head of Islamic Finance, Norton Rose Fulbright (Middle East & Africa)
12:30 - 13:30
13:30 - 14:15
Session Three: Islamic Project and Infrastructure Financing - Potential, Opportunities and Challenges
  • Opportunities for Shariah compliant financing of the Kingdom’s rapidly increasing infrastructure projects
  • Islamic real estate finance: Capitalizing on rising demand in residential property financing and impact of the recently amended mortgage law
  • Assessing the potential of emerging alternative assets and its suitability to Shariah compliant financing: key considerations for issuers
  • The need for greater participation of Saudi Arabia’s family-owned businesses to galvanize project based Sukuk offerings
  • Discussing the increasingly popular trends of Shariah compliant syndicated financing and mezzanine structures
  • Addressing the disconnect between project financing requirements and the availability of Shariah compliant funding instruments
Moderator: Abdulkader Thomas - Chief Executive Officer, SHAPE Financial
Panelist: Mansoor Durrani- Senior Vice President & Head of Project Finance, National Commercial Bank
Neil Miller - Global Head of Islamic Finance, Linklaters

14:15 - 15:15
Deal Roundtable: Discussing Key Trends, Features and Success Factors of the Year's Most Prominent Deals
  • Addressing key deal structure, pricing, distribution, ratings, credit enhancement and Shariah issues
  • Sadara Chemical Company SAR7.5 billion Sukuk Musharakah
  • Saudi Electricity Company US$1 billion 30-year International Sukuk Ijarah
  • Al Bayan MYR200 million Sukuk Wakalah
  • Saudi Binladin SAR1.3 billion Sukuk Ijarah
  • GACA SAR15 billion Sukuk Murabahah
Moderator: Abdulkader Thomas - Chief Executive Officer, SHAPE Financial
Panelists: Emad Al Monayea - Chairman, Liquidity Management Centre, Board Member & CEO, Kuwait Finance House Investment
Fahad H. Al-Sudairi- Executive Director –Treasury, Saudi Electricity Co.
Rizwan Kanji - Partner, King & Spalding
15:15 - 15:25
Chairperson's Closing

Investors Day

08:00 - 09:00
09:15 - 09:30
Chairperson's Introduction
09:30 - 10:30
Session One: The Islamic Investment Environment in Saudi Arabia: Driving Sustainable Growth
  • Assessing Saudi Arabia’s recent market reforms and its significance to potential Gulf and Asian investors
  • Open market: What further regulatory developments are needed to encourage inward investments
  • Prospects for the establishment of an Islamic money market to manage liquidity within Islamic financial institutions
  • Assessing Saudi Arabia’s readiness to challenge mature Islamic investment destinations such as Malaysia and the Middle East
  • Leveraging the high levels of liquidity held by sovereign funds and local financial institutions: Meeting the demand for Shariah compliant investment instruments
Moderator: Abdulkader Thomas - Chief Executive Officer, SHAPE Financial
Panelist: Hani Ibrahim - Director & Head of Debt Capital Markets, QInvest
Henri Chaoul - Chief Investment Strategist, Alkhabeer Capital
Khalid Gama - Managing Director, Head of Business Development SEDCO Capital
10:30 - 11:00
Networking Break
11:00 - 11:45
Session Two: Advancing Saudi Arabia’s Growth as an Islamic Investment Destination - Key Sectors and Asset Classes
  • Exploring key sectors for Islamic investments: Natural resources, utilities, transportation and construction – and how these industries can be tapped
  • Addressing the need for more institutional investors to balance the Kingdom’s huge retail investor base
  • Developing suitable Shariah compliant instruments for Saudi investors: Innovation and current trends in investment products
  • The role and growth of private banking and wealth management sector in Saudi Arabia
  • Growth of sovereign wealth funds and private equity funds: current prospects and future opportunities
  • Real estate finance as an asset class: what is available for the Shariah-compliant investor?
Moderator: Abdulkader Thomas - Chief Executive Officer, SHAPE Financial Corp
Panelists: Nabil Issa - Partner, King & Spalding
Omar Bassal , CFA - Head of Asset Management, MASIC, Saudi Arabia
Ritjana Ceveli- Managing Director, Ridge Capital
Salah Saleh Sultan - Head, Wealth Management, Muscat Capital
11.45 - 12.00
Presentation : The Value Proposition of Takaful
Ajmal Bhatty - Chief Executive Officer, Alinma Tokio Marine
12.00 - 12:45
Session Three: Investing in Sukuk and Islamic Capital Markets in Saudi Arabia and the Gulf
  • What investors want: Structuring Sukuk issuances with the Gulf investment community in mind
  • Opportunities from overseas: what Malaysia and other key Sukuk centres offer funds and institutional investors
  • The role of regulators and market players in increasing the supply of suitable Shariah compliant securities and Sukuk for investment in the Gulf region
  • Sukuk and the investment opportunities it presents for Takaful operators and institutional investors
  • Ratings and risk management issues for Islamic investors in Saudi Arabia and the Gulf
Moderator: Rizwan Kanji- Partner, King & Spalding
Panelist: Khalid Howladar- Vice President - Senior Credit Officer, Moody's Investor Service
Mona Altawil- Director and Head of Syndication Finance, Investment Banking Finance, HSBC Saudi Arabia Limited
Usman Sikander - Co-Head, Investment Banking, Saudi Fransi Capital
12:45 - 14.00
14.00 - 14:45
Session Four: Developing Effective Islamic Treasury, Money Markets and Liquidity Management Tools in the Gulf Region
  • Scope for development of new and innovative Islamic treasury products: Permissibility, Shariah compliance and commercial viability
  • The outlook for liquidity management products and instruments to enable financial institutions to manage short term funds
  • The development of global Islamic commodity platforms: London Metals Exchange, Suq Al-Sila and the Dubai Multi Commodities Center
  • Market outlook for hedging instruments and risk products: Impact on market efficiency and liquidity in the Saudi Arabian market
Moderator: Abdulkader Thomas - Chief Executive Officer, SHAPE Financial
Panelists: Lawrence Oliver - Director & Deputy Chief Executive Officer, DDCAP group
Lilian Le Falher - Executive Manager, Treasury Capital Markets, Kuwait Finance House (Bahrain)
Qudeer Latif- Partner (Head of Islamic Finance), Clifford Chance
Tom Guest - Associate Director, Eiger Trading Advisors
14:45 - 15:30
Session Five: Fulfilling Saudi Arabia’s Potential as an Islamic Investment Destination: Opportunities and Challenges
  • Key issues and concerns facing foreign investors
  • Role of regulators and market players to further develop Saudi Arabia‘s potential in Islamic finance
  • Investor protection, recourse to assets, default, insolvency and restructuring in Islamic finance: Key practical issues and avoiding costly mistakes
  • Investing in Saudi Arabia 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
  • What the future holds for the Kingdom‘s Islamic investment sector: growth prospects and new markets
Moderator: Abdulkader Thomas - Chief Executive Officer, SHAPE Financial
Panelists: Alain Verbeken - Director, Cross-Border Tax, Deloitte Tax & Consulting
Walid Hegazy - Partner, Crowell Moring
15:30 - 15:35
Chairperson's Closing


AAOIFIInternational Islamic Financial Market
CIMB Islamic
King & Spalding
The Islamic Corporation for the Development of the Private Sector (ICD)

Alkhair Capital Saudi Arabia
Khalij Islamic
Bahrain Institute of Banking and Finance (BIBF)
Bank of London and The Middle East (BLME)
Emirates NBD Group
Finance Accreditation Agency
Fitch Ratings
GFI Group
Ridge Capital
Norton Rose
Russell Indexes
Bahrain Association of Banks
Islamic Finance news
Arab News
Business Islamica
Capital Business
Oxford Business Group
The Business Year




Click here for the latest contact information.