08:00 – 09:00 |
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Registration & Breakfast |
09:00 – 09:15 |
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Welcome |
09:15 – 09:30 |
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Introduction
Dany H. Assaf - Partner, Bennett Jones LLP |
09:30 – 10:15 |
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Session One: What is Islamic Finance and Where are We Now? |
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Examining key industry developments in Canada and how local practices measure up against the standards of other regional centers
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Regulatory updates on Islamic finance |
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Challenges and opportunities faced by local Islamic banking and financial markets |
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Recent growth in the market - who are the new players? |
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Where does regulation go from here? |
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Moderator:
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Jeffrey S. Graham - Partner, Borden Ladner Gervais |
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Panelist: |
Steven Watts - Partner, KPMG
Mohammad Fadel - Counsel, Bennett Jones LLP
John Teolis - Partner, Blake, Cassels & Graydon LLP
Salim Ansari - President, An-Nur Cooperative Corporation |
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10:15 – 11:00 |
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Session Two: Canada and the Islamic Financial Markets |
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Discussing local and regional developments in Islamic markets, including taxation, regulatory, risk management and ratings issues
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Role of governmental bodies and regulators in ensuring compliance in the industry |
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Addressing taxation issues and recent developments |
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Encouraging cross-boundary collaborations for growth and standardization |
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Working around contractual risks and disputes |
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Moderator:
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Himy Syed - Chairman & Chief Executive Officer, IslamBank Community |
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Panelist: |
Omar Kalair - Chief Executive Officer, UM Financial
John Bain - Partner, KPMG
Mac Kaylan - Managing Partner, Black Ice Partners
Mohammad A Rauf - Financial Consultant, Royal Canadian Development |
11:00 – 11:30 |
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Coffee Break |
11:30 – 12:30 |
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Session Three: Islamic Products: What Can and Can’t be Done? |
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Assessing the development of Islamic financial products in Canada and the regional markets, including;
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Shariah compliant versus Shariah based |
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Developments and updates in existing products including; |
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- Takaful, re-Takaful & Bancatakaful |
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- Private equity |
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- Structured products |
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- Fund & wealth management |
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- REITs |
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The potential for further innovation |
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The role of Sharia scholars |
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Moderator:
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Mohammed Jalaluddin - President, Ansar Financial & Vice Chair Islamic, Ansar Cooperative Housing Corporation |
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Panelist: |
Glen W. Roberts II - Partner, SNR Denton
Sheikh Habeeb Alli - Shariah Auditor, UM Financial
Frank Morisano - Managing Director, Ma Lee Advisory
Rehan Saeed - Shariah Liaison, Islamic Finance Advisory Board |
12:30 - 13:20 |
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Session Four: Issuing and Investing in the Islamic Financial Markets |
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The development of Islamic issuance and investments in Canada and the region, and its potential.
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Identifying growth areas, market opportunities, potential investors and issuers |
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Growth of private equity and sovereign wealth funds in Islamic finance |
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Structuring and financing Islamic investment products to meet Canada's needs |
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Challenges of private issuers |
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Moderator:
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Frank Morisano - Managing Director, Ma Lee Advisory |
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Panelist: |
Asif Khan - Founder & Chief Executive Officer, Frontier Alt
Andrew Metcalf - Partner, King & Spalding
Hisham Sobhy - Director of Investment Banking, Legend Securities
Hesham Youssef - Chief Operating Officer, AYA Financial Inc
Brian P. Koscak - Partner, Cassels Brock & Blackwell LLP |
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13:20 – 13:25 |
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Closing Keynote
Walid Hejazi - Assistant Professor of International Business Economics, Rotman School of Management, University of Toronto |
13:25 – 15:00 |
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Lunch |