Welcome remarks Megumi Suto- Dean, Waseda Graduate School of Finance, Accounting & Law Director, Waseda Centre for Finance Research
09:50 - 10:05
Presentation: Update on Japan's Tax Framework for Islamic Finance Yutaka Kitamura- Deputy Director, Office of Financial Taxation, Policy & Legal Division, Planning & Coordination Bureau, Financial Services Agency Japan
10:05- 10:50
Session One: CEO Session: Japan and the Growth of Islamic Finance
Examining key developments and reforms facilitating the growth of Japan's Islamic financial market
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Where does Japan's Islamic financial market stand now?
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What are the opportunities local and regional players can look forward to?
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Competing effectively with the conventional financial system: Role of market players
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Increasing market growth: Education, market awarenesss and robust promotions of Islamic finance instruments
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Removing tax barriers and creating a level playing field- What needs to be done?
Moderator:
Etsuaki Yoshida - Adjunct Research Fellow, Waseda University, Japan Bank for International Corporation
Panelists:
Yoshihiro Watanabe - Managing Director, Institute for International Monetary Affairs Mikihisa Hirai - Chief Executive Officer, Atlas Partners Japan Paul Hoff - Director, Asia Pacific Business Development, FTSE Asia Pacific Takamitsu Oi- Executive Director, Nomura Islamic Asset Management
10:50 - 11:20
Break and networking
11:20 - 12:05
Session Two: Sukuk and the Islamic Capital Markets in Japan
Identifying developments in the Sukuk market since the reform framework was introduced
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What does the tax reform on Sukuk Ijarah mean for the Japanese Islamic financial market?
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Market opportunities for Sovereign issuances
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The market and appetite for Islamic capital and foreign issuance
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Fund raising through corporate Sukuk to aid economic growth
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Sukuk rating perspective and criteria
Moderator:
Stuart Porter - Partner, PwC Japan
Panelist:
Naoki Ishikawa - Partner, Mori Hamada & Matsumoto Megat Hizaini Hassan - Partner and Head Islamic Finance Practice, Lee Hishammuddin Allen & Gledhill Kazuhiko Tahara - Director, Daiwa Securities Capital Markets Naoko Nemoto- Managing Director, Financial Institutions Ratings, Standard & Poor's
12:05 - 12:50
Session Three: The Market for Islamic Financial Products in Japan
Addressing the potential for the local Takaful market and other Islamic financial products, and increasing its product base
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Hong Leong Takaful acquisition by Mitsui Sumitomo Insurance- What does this mean for the local market