| 08:00 – 09:00 |
|
Registration & Breakfast |
| 09:00 – 09:05 |
|
Welcome |
| 09:05 – 09:15 |
|
Opening Address |
09:15 – 09:30
|
|
Introduction
Mohd Willieuddin Lim Johan Lim - Director - Global Markets, CIMB Islamic |
09:30 – 10:00
|
|
Keynote Address
Yaseen Anwar - Acting Governor, State Bank of Pakistan |
10:00 – 10:15 |
|
Expert's View: Islamic Finance in the Current Paradigm
Ebrahim Sidat - Managing Partner and Chief Executive Officer, Ernst & Young Ford Rhodes Sidat Hyder |
| 10:15 – 11:00 |
|
Session One: Examining Islamic Finance in in the Current Paradigm |
| |
|
Discussing key industry developments and lessons learnt in both local and international Islamic markets in a post-crisis environment
|
|
Discussing local and regional developments in Islamic markets, including taxation, regulatory, and ratings issues |
|
|
Pakistan’s Islamic prudential and supervisory framework – development of prudential regulations and guidelines |
|
|
Where does regulation go from here? |
|
|
Sukuk defaults and dispute resolutions in Islamic finance |
|
|
Competing effectively with conventional banks |
|
| |
|
Moderator:
|
Dr. Zeeshan Ahmed - Assistant Professor in Finance and Accounting, Lahore University of Management |
| |
|
Panelist: |
Saleem Ullah - Director, Islamic Banking Department, State Bank of Pakistan
Najeeb Khan - Shariah Advisor, Habib Metropolitan
Mohd Willieuddin Lim Johan Lim - Director - Global Markets, CIMB Islamic
Ahmed Ali Siddiqui - Executive Vice President Product Development & Shariah Compliance, Meezan Bank Limited
Hasan Bilgrami - Chief Executive Officer, Bank Islami
Ebrahim Sidat - Managing Partner and Chief Executive Officer, Ernst & Young Ford Rhodes Sidat Hyder |
|
| 11:00 – 11:15 |
|
Coffee Break |
| 11:15 – 12:15 |
|
Session Two: Issuing & Investing in the Islamic Financial Markets |
| |
|
The development of Islamic issuance and investments in Pakistan and Southern Asia, and its potential in a new business environment
|
|
Growth of private equity and sovereign wealth funds in Islamic finance |
|
|
Identifying growth areas, market opportunities, potential investors and issuers |
|
|
Discovering and adapting to changes in the issuing and investing market place |
|
|
Structuring and financing Islamic investment products to meet South Asia’s needs |
|
|
Issuing shariah compliant securities to ensure more effective liquidity management |
|
|
Increasing foreign participation in Pakistan’s Islamic financial market |
|
| |
|
Moderator:
|
Omar Mustafa Ansari - Partner - Islamic Financial Services, Ernst & Young |
| |
|
Panelist: |
Farid Alam - Chief Executive officer, AKD Securities
Mujeeb Beig - Senior Vice President and Head Product Development & Research, MCB Bank, Islamic Banking Group
Bilal Rasul - Director (Enforcement), Securities and Exchange Commission of Pakistan
Pervaiz Ahmed - Chief Executive Officer, Pak Qatar Family Takaful
Muhammad Shoaib Ibrahim - Managing Director and Chief Executive Officer, First Habib Modaraba
|
| 12:15 – 13:15 |
|
Session Three: Possibilities and Opportunities for Diversification of Islamic Products |
| |
|
Assessing the development of Islamic financial products in Pakistan and the regional markets, including;
|
|
Developments and updates in existing products |
|
|
The potential for further innovation – structuring better shariah based products |
|
|
Exploiting new modes of financing and markets |
| |
|
|
|
Takaful, re-Takaful & BancaTakaful |
|
|
Mudaraba, Participation Certificates |
|
|
REITs |
|
|
Islamic Microfinance |
|
|
Private Equity and Sovereign Wealth Funds |
|
|
|
Issuing shariah compliant securities to ensure more effective liquidity management |
|
|
Increasing foreign participation in Pakistan's islamic financial market |
|
| |
|
Moderator:
|
Syed Amir Ali - Executive Vice President and Head of Investment Banking, Meezan Bank |
| |
|
Panelist: |
Mohammad Shoaib - CFA- Chief Executive Officer, Al Meezan Investment Management Limited
Rohail AliKhan - Chief Executive Officer, Pak- Qatar General Takaful Limited
Fawad Butt - Managing Partner, Zeus Capital Advisers
Irshad Ahmad Aijaz - Shariah Advisor and Member Shari'ah Supervisory Board, BankIslami Pakistan
Razi R. Khan - Ex-Chairman Securities and Exchange Commission of Pakistan
|
| 13:15 – 13:30 |
|
Luncheon Presentation
Tahir Ali Sheikh - Vice President, CapAsia |
| 13:30 – 14:45 |
|
Lunch |
.gif) |
| 14:45 – 15:45 |
|
Session Four: Examining Market Trends, Challenges and Further Opportunities for Islamic Financial Markets in Pakistan |
| |
|
|
|
Recognizing Islamic finance trends in Pakistan, and capitalizing from opportunities |
|
|
Characteristics peculiar to the Pakistan market |
|
|
Exploring potential for specialized financing solutions and services |
|
|
Future listing in Islamic products |
|
|
Encouraging cross-boundary collaborations for growth and standardization |
|
|
Addressing imbalances between rapid growth and bank capability – are Pakistan’s financial institutions prepared for future growth of Islamic finance |
|
| |
|
Moderator:
|
Mohammad Aslam - Head, HBL Islamic Banking |
| |
|
Panelist: |
Irfan Siddique - Chief Executive Officer, Meezan Bank
Azeem I Pirani - Regional Manager Pakistan, FWU AG
Azhar Aslam - Country Head Corporate and Investment Banking, Dubai Islamic Bank
Mahmood Shafqat - Additional Director, Banking Policy and Regulations Department, State Bank of Pakistan
Omar Mustafa Ansari - Partner - Islamic Financial Services, Ernst & Young |
|
| 15:45 – 16:00 |
|
Expert's View: Establishing and Accelerating Pakistan's Growth as an Islamic Financial Hub
Pervez Said - Chief Executive Officer, Dawood Islamic Bank |
| 16:00 – 17:00 |
|
Session Five: Establishing and Accelerating Pakistans' Growth as an Islamic Financial Hub |
| |
|
|
|
Pakistan’s credentials to become an international financial center |
|
|
Identifying Pakistan’s competitive advantage to compete in the Islamic finance market |
|
|
Creating a level playing field for Islamic finance vis-a-vis conventional financing |
|
|
Identifying challenges and opportunities for local Islamic financial markets and banking to compete with conventional financial systems |
|
|
Increasing financial cooperation with emerging markets to consolidate its’ position as an international financial center |
|
| |
|
Moderator:
|
Lubna Farooq - Director Banking Surveillance Department, State Bank of Pakistan |
| |
|
Panelist: |
Abdul Jabbar Karimi - Head - HMB Islamic Banking Products, Research and Training, Habib Metropolitan Bank
Muhammad Farhan ul Haq Usmani - Vice President, Product Development, Shariah Compliance & Islamic Financial Advisory (PDSC), Meezan Bank Limited
Dr. Zeeshan Ahmed - Assistant Professor in Finance and Accounting, Lahore University of Management
Muhammad Faisal Shaikh - Head, Product and Business Development, BankIslami Pakistan
Pervez Said - Chief Executive Officer, Dawood Islamic Bank
Dr. Muhammad Imran Ashraf Usmani - Shariah Advisor, Meezan Bank
|
| 17:00 – 18:00 |
|
Refreshments and Networking |
Osman Akyüz, who obtained his degree from the faculty of political sciences at Ankara University, began his career as a certified public accountant at the finance ministry in 1978. He worked with the Sezai Türkes - Fevzi Akkaya Group from 1983 till 1985, after which he was appointed the manager of financial and administrative affairs at Albaraka Türk.
