Building Scale and Broadening Horizons of Islamic Investments

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Building Scale and Broadening Horizons of Islamic Investments Conference Day 1, Monday 19 th May 2014 08.00 to 09.00 Registration and Morning Refreshments 09.

1 Building Scale and Broadening Horizons of Islamic Investments Conference Day 1, Monday 19 th May to Registration and Morning Refreshments Opening of the 10 th Anniversary Special Edition World Islamic Funds & Financial Markets Conference to Reading from the Holy Quran to Moderator s Opening Remarks Moderator: Hisham Abu Alfateh Head of Marketing & Communications BIBF to Session 1: Opening Keynote Address: Key Regulatory Reform Initiatives to Improve Stability, Build Scale and Expand the Horizons for Islamic Investments Keynote Speakers: Abdul Rahman Mohammed Al Baker Executive Director Financial Institutions Supervision Central Bank of Bahrain Dr. Khaled Al Fakih Secretary-General & CEO Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) Ensuring that the regulatory framework supports the successful development of the Islamic investments market What new initiatives are underway to support the expansion of Islamic financial markets? Addressing transparency and disclosure issues Aligning jurisdictions: Towards a seamless landscape across international markets 09:40 to Session 2: International Keynote Address: How are International Hubs Creating New Opportunities for the Expansion of Islamic Investments? Keynote Speaker: Hasan AlJabri CEO SEDCO Capital What advantages does an international hub bring to the Islamic investments industry? Insights into how Islamic funds have successfully benefited from access to international investor pools Broadening reach and generating economies of scale for Islamic investments Legal and regulatory developments to facilitate the international expansion of Islamic investments

2 09.55 to Session 3: CEOs and Industry Leaders Power Debate: Attracting More International Investors to Islamic Financial Markets Keynote Debaters: Hasan AlJabri CEO SEDCO Capital Suryono Darnor Director and Chief Executive Officer CIMB Middle East BSC Najla Al Shirawi Chief Executive Officer Securities & Investment Company (SICO) Dr. Ataf Ahmed Managing Director, Asset Management QInvest Growing the global investor base and expanding the geographical footprint of Islamic investments New standards and consistent screening methodologies to attract international investors to Islamic financial markets Addressing the challenges of the cross-border distribution and competitiveness of Islamic funds Assessing international experiences of the potential for UCITS and passporting to more rapidly broaden the investor base to Opening of the World Islamic Funds and Financial Markets Exhibition 2014 & Networking Break to Session 4: Assessing the Global & Regional Economic Outlook: A New Wave of Growth Opportunities for Islamic Investments? Speaker: Dr. Jarmo Kotilaine Chief Economist Bahrain Economic Development Board What is the outlook for the global economy and how will improving sentiment in regional markets impact Islamic investments? With several Rapid Growth Markets having a strong Muslim population, how will these demographic opportunities translate into improved growth for Islamic funds? to Session 5: Building Scale in the Islamic Asset Management Industry: Growing Assets Under Management and Attracting More Institutional Investors Session Chair: Mustafa Adil Head of Research & Product Development Thomson Reuters

3 Fadi Al Qutub Head of Asset Management Albilad Capital Raul Fernando Biancardi Executive Vice President Head of Asset & Wealth Management Global Investment House Lakhdar Moussi Independent Consultant Advisor to PineBridge Investments Middle East Yazan M. Abdeen Fund Manager SEDCO capital Size matters: Moving beyond the current state where research indicates that only 80 Islamic funds have have AuM over $100M Global research indicates that growth of AuM internationally for Islamic funds has been stagnant and overly skewed towards retail investors: What can be done to attract more institutional investors to the market? Capturing the big opportunities to boost scale: Bringing Pension funds, Takaful operators and major banks as investors in the Islamic funds space Creating products to attract the big institutional players to the Shari ah-compliant asset management market Addressing performance and track record issues for Islamic funds How can Islamic endowments, SWFs and private families be attracted to increase their holdings in Islamic funds? to Session 6: Improving Product Diversity and Innovation in Islamic Funds Muneef O. Tarmoom Founder and Managing Partner Abu Dhabi Equity Partners Cassim Docrat Director DDCAP (DIFC) Limited Ritjana Ceveli Managing Director Ridge Asset Management Dr. Zlatko Sijerčić Owner & Portfolio Manager ZDS Asset Management Prof. Dr. Migdat I. Hodzic International University of Sarajevo, Sarajevo, Bosnia and Herzegovina

4 What products need to be innovated to ensure a deeper and more sophisticated offering of Islamic investment solutions? Emerging asset classes in the Islamic investments landscape: Moving beyond equity, money market and real estate funds Portfolio management and quantitative strategies applied to the Islamic funds market to Session 7: Innovative Approaches to Shariah Compliant MSME Funding Speaker: Ramakant Vempati Senior Advisor, Microenterprise Silatech Crowdfunding in economic development and its impact Shariah compliant crowdfunding models: natural partnership with Islamic finance Some innovative approaches: the Silatech experience The opportunity: linking Islamic fund purification to sustainable development to Session 8: Islamic Investments and market stabilization Speaker: Jennifer M. Ivory Member New Jersey Department of Treasury An initiative to illustrate Islamic Financing as the powerful catalyst for global market stabilization Products practical economics in partnership with conventional markets Bringing stability to global and cross border markets to Moderator s Summary Remarks to Conference Luncheon & Industry Award Ceremony hosted by Central Bank of Bahrain to Session 9: Roundtable Debate on the Islamic Investments Value Chain: Perspectives From Investors, Fund Managers and Distributors Discussion Leader Rehan Pathan Managing Partner Takseem Peter Hughes Chief Executive and Founder Apex Fund Services Ltd Yazan M. Abdeen Fund Manager SEDCO capital Dr. Ahmed Al Jawhary Chief Executive Officer & Member of Board of Directors J Equity Partners

5 What does each component of the value chain look for in an Islamic investment vehicle? What needs to be done to better meet the needs of investors and distributors? How can fund managers and distributors collaborate better to grow the Islamic asset management industry? to Session 10: Roundtable Debate on Key Research Findings: The Global Islamic Asset Management Report Perspectives From Investors, Fund Managers and Distributors Discussion leader: Mustafa Adil Head of Research & Product Development Thomson Reuters Dr. Zlatko Sijerčić Owner & Portfolio Manager ZDS Asset Management Dr. Salah Addeen A. Qader Saeed Banking Expert Abdelhak El Kafsi Managing Director Islamic Finance Consultants B.S.C. (c) Prof. Dr. Migdat I. Hodzic International University of Sarajevo, Sarajevo, Bosnia and Herzegovina Research insights into the current state and future prospects for the Islamic asset management space Discussing findings on investor preferences: What do investors look for in an Islamic fund? Market outlook: What are the perspectives of investors, promoters and issuers? Close of Conference Day 1

6 08.00 to Morning Refreshments to Moderator s Opening Remarks Conference Day 2, Tuesday 20 th May 2014 Moderator: Hisham Abu Alfateh Head of Marketing & Communications BIBF to Session 11: Opening Keynote Address: Assessing New Initiatives to Improve International Standardisation Across Islamic Capital Markets Opening Speaker: Ijlal Ahmed Alvi Chief Executive Officer The International Islamic Financial Market (IIFM) Strengthening the global architecture of Islamic financial markets Assessing the success of current standards What new initiatives need to be tackled to better connect Islamic financial markets across international jurisdictions? to Session 12: Legal, Governance and Risk Management Priorities to Better Connect Islamic Capital Markets Mohammed Paracha Head of Islamic Finance - Middle East & Africa Norton Rose Fulbright (Middle East) LLP Dubai, UAE Elias Moubarak Deputy head of Islamic finance MENA Trowers & Hamlins Rizwan Kanji Partner King & Spalding Overview of structural trends in the Sukuk market Assessing the use of Sukuk in Tier 1 and Tier 2 capital structures Basel III and legal issues The role of ratings in Sukuk Improving the legal environment to boost cross-border Sukuk issues to Session 13: Sukuk: Broadening the Base of Issuers and Investors and Attracting More International Players Ijlal Ahmed Alvi Chief Executive Officer The International Islamic Financial Market (IIFM)

7 Ahmed Abbas Chief Executive Officer Liquidity Management Centre Riyadh Al-Saie Board Member Tadhamon Capital Dr. Salah Addeen A. Qader Saeed Banking Expert Building stronger cross-border linkages between issuers and international investors Reaching out to markets beyond the traditional boundaries New innovations in the Sukuk market to spur further growth Attracting more corporate issuers to the Sukuk market: What are they looking for? Overcoming Liquidity Management Challenges: How Successful are New Initiatives to Improve Liquidity and What Else Needs to be Done? to Refreshments and Networking Break to Session 14: Innovation in Islamic Capital Markets: Broadening the Breadth and Depth of Shari ah-compliant Products Beyond Sukuk Issam Al Tawari Chairman and Managing Director Rasameel Structured Finance Company Riyadh Al-Saie Board Member Tadhamon Capital Stephen J Atkinson Director Ejarah Global Limited Beyond one size fits all mass produced products Innovating new instruments and vehicles to tap into the investable surplus available to Shari ahcompliant products: What does the market need? The outlook for Islamic ETFs and Islamic REITs to Session 15: The Shari ah Open Forum: Overcoming the Challenges Inherent in Increasingly International Islamic Capital Markets Dr Muhammad Al-Bashir Muhammad Al-Amine Group Head - Shari'ah Assurance Dept Bank AlKhair Rizwan Kanji Partner King & Spalding

8 Dr. Mohammad Omar Farooq Islamic Finance Expert Managing Director and Senior Consultant 21st Century Consulting, Bahrain What can Shari ah boards do to promote the further international development of Islamic financial markets? Removing uncertainty and ambiguity in interpretations across jurisdictions Towards international accepted Shari ah standards to Moderator s Closing Remarks to Conference Luncheon Close of the 10 th Anniversary Special Edition World Islamic Funds & Financial Markets Conference

Addressing New Challenges and Opportunities for Islamic Investments

Addressing New Challenges and Opportunities for Islamic Investments Conference Day 1, Monday 18 th May 2015 08.00 to 09.00 Registration and Morning Refreshments 09.00 Opening of the 11th Annual World Islamic