Conference Day 2: Wednesday 23rd November 2011
08.00 to 09.00 |
Morning Refreshments |
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 |
Session 12a: |
|
11.55 to 12.25 |
Session 12b: |
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 |
Moderator's Closing Remark |
13.20 to 15.30 |
Conference Luncheon hosted by Qatar Financial Center Authority (QFCA) |
15.30 |
Close of the 18th Annual World Islamic Banking Conference |
| Note: Prayer rooms are available throughout the day at the conference venue: Exhibition Hall |
|