08.00 to 09.00

09.00 to 09.05

Moderator's Opening Remarks

Moderator:
Nadine Hani
Senior Business News Presenter
Al-Arabiya News Channel

09.05 to 09.50

Session 7: Inaugural Address

Opening Keynote Speaker:
Jaseem Ahmed
Secretary-General
Islamic Financial Services Board (IFSB)

Key Discussion Points:

• What needs to be improved in current regulatory frameworks?
• Assessing new international regulatory developments
• New dimensions in Risk Management & compliance
  

09.15 to 10.00

Session 8: Plenary Session: Upgrading Regulatory Frameworks and Risk Management Capabilities: New Approaches to Ensure Stability and the Successful International Development of Islamic Finance

Speakers:
Khalid Hamad Abdul-Rahman Hamad
Executive Director - Banking Supervision
Central Bank of Bahrain

Dr. Lokman Gündüz
Member of the Board
The Central Bank of the Republic of Turkey

Panelists:
Cheryl Packwood
Chief Executive Officer
Business Bermuda

Neale Downes
Partner
Trowers & Hamlins

Belaid Jheengoor
Director, PricewaterhouseCoopers
Chairman, Bermuda Government Islamic Finance Task Force

Ian Sinclair
Regional Director - EMEA
Fiserv

Key Discussion Points:

• What needs to be improved in current regulatory frameworks?
• Assessing new international regulatory developments
• New dimensions in Risk Management & compliance
  

10.00 to 10.45

Session 9: Keynote Address: Competing for Global Growth: Preparing for the Asian Century

From Year 1 to the year 1820, the two largest economies of the world were China and India. After two centuries of Western domination, the world is returning to the historical norm of two millennia. Asia is returning to the center stage of world history.
Why is this happening now? The answer is that Asians have absorbed and understood the Western best practices in many areas, from free-market economics to the embrace of innovative science and technology, meritocracy and rule of law. And they have become innovative in their own ways, creating new patterns of cooperation. Hence, Goldman Sachs has predicted that in 2050, the four largest economies in the world will be China, India, USA and Japan. Three out of the four largest economies will be Asian.
In this new historical era, we will face many new issues and challenges. Will the March to Modernity which has swept through East, Southeast and South Asia also enter West Asia? Will the West accept the return of Asia? Will we move peacefully into a new historical era?

10:00 to 10:20

Guru Speaker:
Kishore Mahbubani
Dean and Professor in the Practice of Public Policy
Lee Kuan Yew School of Public Policy,
National University of Singapore

10:20 to 10:45

Audience Q&A with Kishore Mahbubani

10.45 to 11.15

The World Islamic Banking Exhibition Viewing
& Networking Break

11.15 to 11.45

Session 10: Issuers and Investors Debate: What is Next for Sukuk?

Session Chair:
Dr. Sayd Farook
Global Head of Islamic Capital Markets
Thomson Reuters

Panelist:
Lilian Le Falher
Executive Manager, Head of Treasury,
Financial Institutions and Capital Markets
Kuwait Finance House, Bahrain

Rizwan Kanji
Partner
King & Spalding

Tariq al-Rifai
Director-Islamic Market Indexes
Dow Jones Indexes

Sufian Bataineh
Partner, Head of Islamic Finance Department
Theisen Law

Key Discussion Points:

• Are we now heading towards a sustained recovery in the Sukuk market?
• Managing Sukuk defaults: Creating clear precedents and mechanisms for handing defaults
• Tackling legal constraints
• How will the infrastructure investment pipeline be a key driver of Sukuk growth?
• The outlook for new sovereign and corporate issues

11.45 to 11.55

Session 11: Positive Banking: A New Form of Banking

Speaker:
Riyadh Y. Al-Rabiah
Vice Chairman & Managing Director
Saudi Steel Pipe Co.

Delegates chose one of two concurrent sessions:

The Islamic Investment Banking Summit
in Al Dana 1

The Islamic Retail Banking Summit
in Al Dana 2

11.55 to 12.25

11.55 to 12.25

The Islamic Investment Banking Summit: Creating the New Face of Islamic Investment Banking

Session Chair:
Jawad Ali
Managing Partner - Middle East Offices
King & Spalding

Speakers:
Dr. Idriss Ghodbane
CEO and Board Member
Quantum Investment Bank

Panelists:
Dr. Alberto Brugnoni
Chairman of the Board
ASSAIF

Ahmad Tayara
General Manager – Investment Banking
Elaf Bank

Rehan Pathan
Head of International Sales
NCB Capital

Raphael de Ricaud
Head of Islamic Finance
Rothschild

Key Discussion Points:

• How are Islamic investment banks re-inventing their business model after the global economic crisis?
  
• What new growth areas are emerging in the Islamic investment banking market?
  

The Islamic Retail Banking Summit – Towards a Global Reach

Session Chair:
Prof Andrew White
Director, International Islamic Law & Finance Centre, Associate Professor of Law, Singapore Management University

Panelist:
Daffer Luqman
Head of products and Retail International
ADIB

Mohammad Farrukh Raza
Founder and Managing Director
Islamic Finance Advisory & Assurance Services (IFAAS)

Omar Kalair
President and CEO
UM Financial Group Canada

Key Discussion Points:

• Assessing the current position and future prospects of the Islamic consumer banking market
• The outlook for future growth in Islamic retail banking
• Expanding the retail banking footprint beyond national boundaries
  
• Driving renewed growth through new retail product innovation

All delegates Reconvene for the Concluding Plenary Session in Al Dana 1

12.25 to 13.15

Session 13: Country Focus Roundtable: New Frontiers – New Opportunities Exploring New International High-Growth Markets for Islamic Finance

A roundtable debate, featuring a panel of international experts, will address how well-positioned Islamic banks can explore new international high-growth opportunities in countries with sufficient target population, strong un-met demand and feasible market entry based on the competitive environment and regulatory climate.

Session Chair:
Boyd Winton
Director – Financial Services
Bahrain Economic Development Board

Panelist:
Fernand Grulms
Chief Executive Officer
Luxembourg for Finance

Belaid Jheengoor
Director, PricewaterhouseCoopers
Chairman, Bermuda Government Islamic Finance Task Force

Yousuf Mohamed Al-Jaida
Director  Banking & Asset Management, Strategic Development
Qatar Financial Centre Authority (QFCA)

Merisha Kassie
Partner- Assurance
Ernst & Young

Mohammed Paracha
Partner, Head of Islamic Finance – Middle East & Africa
Norton Rose Group

Aderi Adnan
Islamic Finance and Banking Advisor
Labuan International Business and Financial Centre

Behnam Gurbanzada, MBA, PhD
Head of Islamic Banking Unit
International Bank of Azerbaijan

Jeffrey S. Graham
Partner
Borden Ladner Gervais LLP

Fawaz Elmalki
Partner
Conyers Dill & Pearman

Key Discussion Points:

• What initiatives are underway in key emerging geographies for Islamic finance?
• Examining the appetite and potential for Islamic finance in non-Islamic countries
  
• Key insights into new developments in Islamic banking in key high-growth markets

13.15 to 13.20

13.20 to 15.30

15.30